Plan Ledger DOL Form 5500 · updated monthly

Innovance, Inc.benefits

Innovance, Inc. Welfare Benefit Plan · ALBERT LEA, MN · plan year 2024

Broker compensation reported · 2024
$49,805

Innovance, Inc.'s benefits plans covered 411 active participants in 2024, providing health · life · dental · long-term disability · death benefits · other. Insurance brokers and agents were paid $49,805 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $121 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.7% from $47,581 in 2023.

Insurance contracts · 20246
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 378 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dentalpremiums n/a · 172 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 378 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 14 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 125 covered
Brokers & agents paid · 20244
HOLMES MURPHY AND ASSOCIATES INC$33,956 · incl $9,324 fees
AVANT SPECIALTY BENEFITS LLC$4,271 · incl $4,105 fees
C2 CENTRIC LLC$388 · incl $388 fees
Also brokered by Holmes Murphy5
Conexon, LLC MO$632,134

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410980946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.