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Sponsor portfolioWelfare / HealthEIN 20-0088662

INNOVATIVE LIFE SOLUTIONS, INC.

8484 GEORGIA AVE · SILVER SPRING, MD 20910
3012704750
Plans filed
1
Years active
2022–2025
Industry
NAICS 62
Latest filing
2025
Total premiums (latest)
$1.2M
No prior year
Persons covered
423
No prior year
Total participants
443
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$1.2M
INNOVATIVE LIFE SOLUTIONS, INC. WELFARE BENEFIT PLAN
Fully insured423 covered·2 carriers
Primary: GROUP HOSPITALIZATION MEDICAL SERVICES, INC.

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$1.1M24.7%
Dental$1.1M24.7%
Vision$1.1M24.7%
Prescription drug$1.1M24.7%
Life$30K0.7%
Other$30K0.7%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
GROUP HOSPITALIZATION MEDICAL SERVICES, INC.
EIN 530078070
HRxDV
$1.1M97.4%11160
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA
EIN 860222062
LOth
$30K2.6%11423

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MARSH & MCLENNAN AGENCY LLCBETHESDA, MDGROUP HOSPITALIZATION MEDICAL SERVICES, INC., EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA$7K$53K$61K81.8%1
POTOMAC BASIN GROUP ASSOC LLCBELTSVILLE, MDGROUP HOSPITALIZATION MEDICAL SERVICES, INC.$0$12K$12K16.0%1
JAMES R NELLIGAN & ASSOCIATES LLCALBANY, NYEQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA$0$2K$2K2.2%1

History & trajectory

4 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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