Welfare broker

UPSTATE FINANCIAL SERVICES

Mailing address (most recent filing)

2105 W GENESEE STREET SUITE 115

SYRACUSE, NY 13219

Total comp: $161K
Commissions: $161K
Fees: $0
Filings: 5
Sponsors: 5

Carrier mix

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

UNION SECURITY INSURANCE COMPANY50.0%
MVP HEALTH CARE50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
UNION SECURITY INSURANCE COMPANY	1	$1.4M	50.0%
MVP HEALTH CARE	1	$5.7M	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
NY	2	$7.0M	0.0%	19.82x

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 UPSTATE FINANCIAL SERVICES's plans by broker comp / premium ratio. Median 11.31% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

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

1-2 of 2 sponsors where UPSTATE FINANCIAL SERVICES is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
TEAMSTERS LOCAL 294 ALBANY AREA TRUCKING & ALLIED INDUSTRIES HEALTH TEAMSTERS LOCAL 294 ALBANY AREA TRUCKING & ALLIED INDUSTRIES HEALTH & WELFARE FUND	NY	$1.4M	$158K	THE UNION LABOR LIFE INSURANCE COMPANY
ROCHESTER AREA CONSTRUCTION AND MATERIALS HEALTH AND WELFARE FUND ROCHESTER AREA CONSTRUCTION AND MATERIALS HEALTH A	NY	$5.7M	$0	MVP HEALTHCARE

Carrier

Plans

Premium

UNION SECURITY INSURANCE COMPANY

$1.4M

50.0%

MVP HEALTH CARE

$5.7M

50.0%

State

Plans

Premium

State share

Index

$7.0M

0.0%

19.82x

Sponsor

Loc

Premium

Comp

Carrier

TEAMSTERS LOCAL 294 ALBANY AREA TRUCKING & ALLIED INDUSTRIES HEALTH

TEAMSTERS LOCAL 294 ALBANY AREA TRUCKING & ALLIED INDUSTRIES HEALTH & WELFARE FUND

$1.4M

$158K

THE UNION LABOR LIFE INSURANCE COMPANY

ROCHESTER AREA CONSTRUCTION AND MATERIALS HEALTH AND WELFARE FUND

ROCHESTER AREA CONSTRUCTION AND MATERIALS HEALTH A

$5.7M

MVP HEALTHCARE