Welfare broker

NOVO BENEFITS, LLC

Mailing address (most recent filing)

11755 E PEAKVIEW AVE. #250

ENGLEWOOD, CO 80111

Total comp: $152K
Commissions: $152K
Fees: $0
Filings: 21
Sponsors: 21

Carrier mix

Where NOVO BENEFITS, LLC places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

PRINCIPAL LIFE INSURANCE COMPANY46.7%
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY20.0%
UNITED OF OMAHA LIFE INSURANCE COMPANY13.3%
GRANULAR INSURANCE COMPANY6.7%
DELTA DENTAL OF CALIFORNIA6.7%
AETNA LIFE INSURANCE COMPANY6.7%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
PRINCIPAL LIFE INSURANCE COMPANY	7	$240K	46.7%
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY	3	$294K	20.0%
UNITED OF OMAHA LIFE INSURANCE COMPANY	2	$35K	13.3%
GRANULAR INSURANCE COMPANY	1	$1.1M	6.7%
DELTA DENTAL OF CALIFORNIA	1	$356K	6.7%
AETNA LIFE INSURANCE COMPANY	1	$298K	6.7%

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
WY	8	$540K	5.2%	402.77x
NE	6	$1.5M	0.8%	64.37x
CO	1	$273K	0.1%	5.42x

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 NOVO BENEFITS, LLC's plans by broker comp / premium ratio. Median 9.70% vs welfare-wide median 6.29% (n=15).

Prospect-flag exposure · vs market baseline

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

1-15 of 15 sponsors where NOVO BENEFITS, LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
NEBRASKA BEEF, LTD. NEBRASKA BEEF, LTD. BENEFIT PLAN	NE	$298K	$42K	AETNA LIFE INSURANCE COMPANY
THE LOWER VALLEY HOSPITAL ASSOCIATION FAMILY HEALTH WEST HEALTH & WELFARE BENEFIT PLAN	CO	$273K	$28K	THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
CYCLONE DRILLING INC CYCLONE DRILLING INC EMPLOYEE BENEFIT PLAN	WY	$356K	$20K	DELTA DENTAL OF WYOMING
UNION BANK AND TRUST COMPANY UNION BANK AND TRUST COMPANY WELFARE BENEFITS PLAN	NE	$1.1M	$8K	GRANULAR INSURANCE COMPANY
WYOMING MENTAL HEALTH ASSOCIATION WYOMING MENTAL HEALTH ASSOCIATION LONG TERM DISABILITY PLAN	WY	$28K	$4K	UNITED OF OMAHA LIFE INSURANCE COMPANY
PATHFINDER INSPECTIONS & FIELD SERVICES PATHFINDER INSPECTIONS & FIELD SERVICES EMPLOYEE DENTAL PLAN	WY	$96K	$4K	PRINCIPAL LIFE INSURANCE COMPANY
E & A CONSULTING GROUP, INC. E & A CONSULTING GROUP, INC. EMPLOYEE LONG TERM DISABILITY PLAN	NE	$35K	$4K	PRINCIPAL LIFE INSURANCE COMPANY
PATHFINDER INSPECTIONS & FIELD SERVICES PATHFINDER INSPECTIONS & FIELD SERVICES EMPLOYEE VOLUNTARY LIFE/AD&D PLAN	WY	$24K	$3K	PRINCIPAL LIFE INSURANCE COMPANY
E & A CONSULTING GROUP, INC. E & A CONSULTING GROUP, INC. EMPLOYEE GROUP LIFE PLAN	NE	$56K	$3K	PRINCIPAL LIFE INSURANCE COMPANY
AYARS & AYARS, INC. AYARS & AYARS GROUP LTD PLAN	NE	$16K	$2K	LINCOLN NATIONAL LIFE INSURANCE COMPANY
PATHFINDER INSPECTIONS & FIELD SERVICES PATHFINDER INSPECTIONS & FIELD SERVICES EMPLOYEE VISION PLAN	WY	$18K	$1K	PRINCIPAL LIFE INSURANCE COMPANY
WYOMING MENTAL HEALTH ASSOCIATION WYOMING MENTAL HEALTH ASSOCIATION LIFE AD&D PLAN	WY	$7K	$1K	UNITED OF OMAHA LIFE INSURANCE COMPANY
WEATHERBY, INC. WEATHERBY, INC. LIFE PLAN	WY	$6K	$555	PRINCIPAL LIFE INSURANCE COMPANY
PATHFINDER INSPECTIONS & FIELD SERVICES PATHFINDER INSPECTIONS & FIELD SERVICES EMPLOYEE BASIC LIFE/AD&D	WY	$6K	$532	PRINCIPAL LIFE INSURANCE COMPANY
AYARS & AYARS, INC. AYARS & AYARS GROUP LIFE PLAN	NE	$4K	$389	LINCOLN NATIONAL LIFE INSURANCE COMPANY