Insurance carrier

SPDO

health: 1dental: 2vision: 3drug: 1

Funding-model mix

The strategic axis. Fully-insured carriers underwrite the risk; ASO/self-funded carriers admin only. MEWA = multi-employer welfare arrangement.

Benefit-line mix

Contract counts by benefit type. Monoline carriers concentrate in one wedge; full-suite carriers spread across many.

Top states · with penetration index

Plan count by state. Index > 1.0 means over-indexed vs the national share; the carrier dominates that state.

State	Plans	Premium	State share	Index
NV	1	$1.2M	0.2%	113.06x
AZ	1	$20K	0.1%	42.95x

Top industries by premium

NAICS-2 sectors where this carrier writes the most welfare premium.

Sponsor-size mix

Plan count by total participants. Mid-market sales motion vs jumbo enterprise looks completely different.

Prospect-flag exposure · vs market baseline

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

1-2 of 2 sponsors where SPDO is the primary carrier (latest filing per plan)

Sponsor	Loc	Premium	Covered	Funding	Broker
YOUR BEST MANAGEMENT GROUP, LLC BIGELOW MANAGEMENT INC. WELFARE BENEFIT PLAN	NV	$1.2M	163	mixed	M&O AGENCIES INC
DESERT READY MIX DESERT READY MIX VISION PLAN	AZ	$20K	113	fully insured	USI INSURANCE SERVICES LLC