BenefitsLedger
Benefits broker · Plan year 2024 · Form 5500 Schedule A

Innovative Benefit Consultants

Sioux City, IA

Innovative Benefit Consultants collected $99,282 in commissions and fees from 5 employer health plans in plan year 2024 filings, ranking #3374 among 12,126 brokers named in the public record. Most of its named clients are in Iowa.

Commissions + fees
$99,282
$64,946 commissions · $34,336 fees
Employer plans
5
17 contracts
Rank
#3374
top 28% of 12,126 brokers
Median rate
n/a
fewer than 10 insured medical plans

Largest clients

Employers whose filings reported the most compensation to this broker.

EmployerPaid to brokerParticipants
Sioux City Truck Sales Inc. · Iowa$76,482369
Gerkin Windows & Doors Employee Health Benefit Plan · Iowa$13,156343
Briar Cliff University · Iowa$5,880172
Siouxland Surgery Center, LP · South Dakota$3,310167
Health Inc Benefit Plan · Iowa$454108

Source: DOL Form 5500 Schedule A Part I, plan year 2024, grouped by broker name as filed. Dataset built October 24, 2026.

Where its clients are

Employer plans naming this broker, by employer state.

4 plans

How much does Innovative Benefit Consultants earn from employer health plans?

In plan year 2024 filings, employers reported paying Innovative Benefit Consultants $99,282: $64,946 in commissions and $34,336 in fees, across 17 insurance contracts at 5 employers. That ranks #3374 of 12,126 brokers in the public record.

What commission rate is paid on plans Innovative Benefit Consultants brokers?

Not enough fully insured medical plans name Innovative Benefit Consultants as the sole broker to compute a stable rate. The national median is 3.8% of premium.

Which employers use Innovative Benefit Consultants?

The largest reported payers in 2024 were Sioux City Truck Sales Inc., Gerkin Windows & Doors Employee Health Benefit Plan, Briar Cliff University. Iowa is its biggest state by employer count (4 plans).

Amounts are what employers reported on their own filings. They do not include compensation from carriers that is not tied to a specific contract, and names are grouped exactly as filed, so related entities can appear separately. How this record is built.

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