Welfare broker

SOUTH DAKOTA BANKERS INSURANCE & SE

Mailing address (most recent filing)

109 W MISSOURI AVE

PIERRE, SD 57501

Total comp: $68K
Commissions: $67K
Fees: $2K
Filings: 3
Sponsors: 3

Carrier mix

Where SOUTH DAKOTA BANKERS INSURANCE & SE places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

VISION SERVICE PLAN50.0%
RELIANCE STANDARD LIFE INSURANCE COMPANY50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
VISION SERVICE PLAN	1	$219K	50.0%
RELIANCE STANDARD LIFE INSURANCE COMPANY	1	$0	50.0%

Top states · with penetration index

Plan count by state. Index > 1.0means over-indexed vs the broker's national share.

State	Plans	Premium	State share	Index
SD	2	$219K	0.6%	362.21x

Top industries by premium

NAICS-2 sectors where this broker places the most welfare premium.

Sponsor-size mix

Plan count by total participants. Reveals whether this broker is a mid-market player or jumbo-employer specialist.

Broker compensation as % of premium

Distribution of SOUTH DAKOTA BANKERS INSURANCE & SE's plans by broker comp / premium ratio. Median 30.36% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

Share of SOUTH DAKOTA BANKERS INSURANCE & SE's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-2 of 2 sponsors where SOUTH DAKOTA BANKERS INSURANCE & SE is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
SOUTH DAKOTA BANKERS ASSOCIATION SOUTH DAKOTA BANKERS ASSOCIATION VISION BENEFIT PLAN	SD	$219K	$67K	VISION SERVICE PLAN
AMERICAN BANK & TRUST AMERICAN BANK & TRUST HEALTH & WELFARE BENEFIT PLAN	SD	$0	$2K	RELIANCE STANDARD LIFE INSURANCE COMPANY

Carrier

Plans

Premium

VISION SERVICE PLAN

$219K

50.0%

RELIANCE STANDARD LIFE INSURANCE COMPANY

50.0%

State

Plans

Premium

State share

Index

$219K

0.6%

362.21x

Sponsor

Loc

Premium

Comp

Carrier

SOUTH DAKOTA BANKERS ASSOCIATION

SOUTH DAKOTA BANKERS ASSOCIATION VISION BENEFIT PLAN

$219K

$67K

VISION SERVICE PLAN

AMERICAN BANK & TRUST

AMERICAN BANK & TRUST HEALTH & WELFARE BENEFIT PLAN

$2K

RELIANCE STANDARD LIFE INSURANCE COMPANY