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Sponsor portfolioWelfare / HealthEIN 83-2742812
INNOVATION LABS INC.
1111 MACARTHUR BLVD · MAHWAH, NJ 07430
5512827391
- Plans filed
- 1
- Years active
- 2024–2025
- Industry
- NAICS 32
- Latest filing
- 2025
Total premiums (latest)
$1.3M
No prior year
Persons covered
164
No prior year
Total participants
169
No prior year
Plans filed
1
No prior year
Plans under this sponsor
1 plan
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Health | $1.1M | 41.4% | |
| Prescription drug | $1.1M | 41.4% | |
| Dental | $118K | 4.3% | |
| Vision | $118K | 4.3% | |
| Life | $118K | 4.3% | |
| Other | $118K | 4.3% |
Carrier overview
2 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 220999690 | HRx | $1.1M | 90.6% | 1 | 1 | 144 |
EIN 135123390 | DVLOth | $118K | 9.4% | 1 | 1 | 164 |
Broker overview
3 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| MERCER HEALTH AND BENEFITS, LLC | CHICAGO, IL | GUARDIAN, HORIZON HEALTHCARE SERVICES, INC. | $29K | $862 | $30K | 52.1% | 1 |
| ALTOMARE FINANCIAL GROUP, INC. | WAYNE, NJ | HORIZON HEALTHCARE SERVICES, INC. | $17K | $5K | $22K | 37.1% | 1 |
| FNA INSURANCE SERVICES INC | BERKELEY HEIGHTS, NJ | GUARDIAN | $6K | $0 | $6K | 10.8% | 1 |
History & trajectory
2 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