Welfare broker

VANGUARD RESOURCES INC

Mailing address (most recent filing)

2213 BROTHERS ROAD

SUITE 300

SANTA FE, NM 87505

Total comp: $26K
Commissions: $26K
Fees: $567
Filings: 1
Sponsors: 1

Carrier mix

Where VANGUARD RESOURCES INC places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

BLUE CROSS OF CALIFORNIA100.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CROSS OF CALIFORNIA	1	$543K	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
NM	1	$543K	0.4%	454.90x

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 VANGUARD RESOURCES INC's plans by broker comp / premium ratio. Median 4.99% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

Share of VANGUARD RESOURCES INC's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-1 of 1 sponsor where VANGUARD RESOURCES INC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
TEN THOUSAND WAVES, INC. TEN THOUSAND WAVES, INC. EMPLOYEE BENEFITS PLAN	NM	$543K	$27K	BLUECROSS BLUESHIELD OF NEW MEXICO