Welfare broker

WILLIAM M SPENCE

Mailing address (most recent filing)

10206 GLOBE DRIVE

ELLICOTT CITY, MD 21042

Total comp: $284K
Commissions: $60K
Fees: $224K
Filings: 3
Sponsors: 3

Carrier mix

Where WILLIAM M SPENCE 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	$3.8M	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
MD	1	$3.8M	0.1%	71.90x

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 WILLIAM M SPENCE's plans by broker comp / premium ratio. Median 6.20% vs welfare-wide median 6.29% (n=1).

Prospect-flag exposure · vs market baseline

Share of WILLIAM M SPENCE's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-1 of 1 sponsor where WILLIAM M SPENCE is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
TREND HEALTH PARTNERS, LLC TREND HEALTH PARTNERS, LLC HEALTH AND WELFARE PLAN	MD	$3.8M	$237K	CAREFIRST OF MARYLAND, INC.