Plan Ledger DOL Form 5500 · updated monthly

Innovation Labs Inc.benefits

Innovation Labs Inc. Health & Welfare Plan · MAHWAH, NJ · plan year 2024

Broker compensation reported · 2024
$78,901

Innovation Labs Inc.'s benefits plan covered 169 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance brokers and agents were paid $78,901 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $467 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20242
HORIZON HEALTHCARE SERVICES, INC. · health drugpremiums n/a · 153 covered
GUARDIAN · dental vision lifepremiums n/a · 179 covered
Brokers & agents paid · 20242
ALTOMARE FINANCIAL GROUP, INC.$55,092 · incl $12,521 fees
FNA INSURANCE SERVICES INC.$23,809 · incl $3,545 fees
Also brokered by Altomare Financial Group, Inc.5
Job Haines Home NJ$93,255
Datacolor, Inc. NJ$71,046

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 832742812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.