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Sponsor portfolio

INNOVATION LABS INC.

EIN 83-2742812-outsourcing/offshoring-Latest filing 2025
Plans
2
Retirement
1
$4.4M assets
Welfare
1
$1.3M premiums
Participants
409
1111 MACARTHUR BLVD - MAHWAH, NJ 07430551-282-7391innovationtel.comLinkedIn10001+ employeesoutsourcing/offshoring
Plans on this EIN
2 filings
#001401k-$4.4M - 240 part#501Fully Insured-$1.3M - 164 lives

Benefits portfolio analytics

1 plan / $1.3M premiums / 164 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$1.1M
  • Prescription drug$1.1M
  • Dental$118K
  • Vision$118K
  • Life$118K
  • Other$118K
Total $1.3M6 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
91%top
  • HORIZON HEALTHCARE SERVICES, INC.91%
  • THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA9%
Total $1.3M2 slices

Broker market share

Schedule A broker compensation

Split broker
52%top
  • MERCER HEALTH AND BENEFITS, LLC52%
  • ALTOMARE FINANCIAL GROUP, INC.37%
  • FNA INSURANCE SERVICES INC11%
Total $58K3 slices

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 LABS INC. 401(K) PLAN

401k

Assets$4.4M
Participants240
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

INNOVATION LABS INC. HEALTH & WELFARE PLAN

Fully Insured - HORIZON HEALTHCARE SERVICES, INC.

Premiums$1.3M
Covered lives164
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001INNOVATION LABS INC. 401(K) PLAN401k$4.4M2402024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501INNOVATION LABS INC. HEALTH & WELFARE PLANFully InsuredHORIZON HEALTHCARE SERVICES, INC.$1.3M1642025
Retirement plans
Welfare plans
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