Welfare broker

TENCODE BENEFITS LLC

Mailing address (most recent filing)

2591 DALLAS PARKWAY

SUITE 203

FRISCO, TX 75034

Total comp: $576K
Commissions: $17K
Fees: $559K
Filings: 7
Sponsors: 7

Carrier mix

Where TENCODE BENEFITS LLC places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

PRUDENTIAL INSURANCE COMPANY OF AMERICA50.0%
METROPOLITAN LIFE INSURANCE COMPANY50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
PRUDENTIAL INSURANCE COMPANY OF AMERICA	1	$117K	50.0%
METROPOLITAN LIFE INSURANCE COMPANY	1	$3.7M	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
NV	1	$3.7M	0.2%	113.06x
MI	1	$117K	0.0%	20.58x

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 TENCODE BENEFITS LLC's plans by broker comp / premium ratio. Median 11.14% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

Share of TENCODE BENEFITS LLC's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-2 of 2 sponsors where TENCODE BENEFITS LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
SOUTHWEST GAS CORPORATION SOUTHWEST GAS CORPORATION HEALTH AND WELFARE BENEFIT PLAN A.K.A. LIFE INSURANCE AND HEALTH PLAN	NV	$3.7M	$280K	METROPOLITAN LIFE INSURANCE COMPANY
WOLVERINE PIPE LINE COMPANY WOLVERINE PIPE LINE COMPANY LIFE INSURANCE PLAN	MI	$117K	$17K	PRUDENTIAL INSURANCE COMPANY OF AMERICA

Carrier

Plans

Premium

PRUDENTIAL INSURANCE COMPANY OF AMERICA

$117K

50.0%

METROPOLITAN LIFE INSURANCE COMPANY

$3.7M

50.0%

State

Plans

Premium

State share

Index

$3.7M

0.2%

113.06x

$117K

0.0%

20.58x

Sponsor

Loc

Premium

Comp

Carrier

SOUTHWEST GAS CORPORATION

SOUTHWEST GAS CORPORATION HEALTH AND WELFARE BENEFIT PLAN A.K.A. LIFE INSURANCE AND HEALTH PLAN

$3.7M

$280K

METROPOLITAN LIFE INSURANCE COMPANY

WOLVERINE PIPE LINE COMPANY

WOLVERINE PIPE LINE COMPANY LIFE INSURANCE PLAN

$117K

$17K

PRUDENTIAL INSURANCE COMPANY OF AMERICA