Welfare broker

BOON ADMINISTRATIVE SERVICES

Mailing address (most recent filing)

234 SPRING LAKE DR

ITASCA, IL 60143

Total comp: $185K
Commissions: $43K
Fees: $142K
Filings: 13
Sponsors: 13

Carrier mix

Where BOON ADMINISTRATIVE SERVICES places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

METROPOLITAN LIFE INSURANCE COMPANY100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
METROPOLITAN LIFE INSURANCE COMPANY	3	$870K	100.0%

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
IL	2	$597K	0.0%	18.98x
WI	1	$274K	0.0%	17.69x

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 BOON ADMINISTRATIVE SERVICES's plans by broker comp / premium ratio. Median 11.95% vs welfare-wide median 6.29% (n=3).

Prospect-flag exposure · vs market baseline

Share of BOON ADMINISTRATIVE SERVICES's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-3 of 3 sponsors where BOON ADMINISTRATIVE SERVICES is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
PHIGENICS, LLC PHIGENICS, LLC WELFARE BENEFITS PLAN	IL	$330K	$46K	METROPOLITAN LIFE INSURANCE COMPANY
TRIOSIM CORPORATION TRIOSIM CORPORATION BENEFIT PLAN	WI	$274K	$33K	METROPOLITAN LIFE INSURANCE COMPANY
DUBAK ELECTRICAL GROUP LLC DUBAK ELECTRICAL GROUP WRAP PLAN	IL	$266K	$28K	METROPOLITAN LIFE INSURANCE COMPANY

Carrier

Plans

Premium

METROPOLITAN LIFE INSURANCE COMPANY

$870K

100.0%

State

Plans

Premium

State share

Index

$597K

0.0%

18.98x

$274K

0.0%

17.69x

Sponsor

Loc

Premium

Comp

Carrier

PHIGENICS, LLC

PHIGENICS, LLC WELFARE BENEFITS PLAN

$330K

$46K

METROPOLITAN LIFE INSURANCE COMPANY

TRIOSIM CORPORATION

TRIOSIM CORPORATION BENEFIT PLAN

$274K

$33K

METROPOLITAN LIFE INSURANCE COMPANY

DUBAK ELECTRICAL GROUP LLC

DUBAK ELECTRICAL GROUP WRAP PLAN

$266K

$28K

METROPOLITAN LIFE INSURANCE COMPANY