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Sponsor portfolio

INNOVATION VENTURES, LLC D.B.A. LIVING ESSENTIALS

EIN 38-3543942-venture capital & private equity-Latest filing 2025
Plans
2
Retirement
1
$32.4M assets
Welfare
1
$605K premiums
Participants
1,082
38955 HILLS TECH DR. - FARMINGTON HILLS, MI 48331248-960-1700innovationcapital.comLinkedIn1-10 employeesventure capital & private equity
Plans on this EIN
2 filings
#001401k-$32.4M - 540 part#510Mixed-$605K - 753 lives

Benefits portfolio analytics

1 plan / $605K premiums / 753 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Life$569K
  • Long-term disability$569K
  • Other$569K
  • Short-term disability$500K
  • Vision$36K
Total $605K5 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
83%top
  • UNUM LIFE INSURANCE COMPANY OF AMERICA83%
  • LIFE INSURANCE COMPANY OF NORTH AMERICA11%
  • FIDELITY SECURITY LIFE INSURANCE COMPANY6%
Total $605K3 slices

Broker market share

Schedule A broker compensation

Single broker
100%top
  • JAMES R NELLIGAN & ASSOCIATES LLC100%
Total $18K1 slice

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

INNOVATION VENTURES, LLC 401(K) PLAN

401k

Assets$32.4M
Participants540
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#510

INNOVATION VENTURES, LLC D.B.A. LIVING ESSENTIALS WELFARE BENEFITS PLAN

Mixed - UNUM LIFE INSURANCE COMPANY OF AMERICA

Premiums$605K
Covered lives753
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001INNOVATION VENTURES, LLC 401(K) PLAN401k$32.4M5402024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
510INNOVATION VENTURES, LLC D.B.A. LIVING ESSENTIALS WELFARE BENEFITS PLANMixedUNUM LIFE INSURANCE COMPANY OF AMERICA$605K7532025
Retirement plans
Welfare plans
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