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

Innovative Broker Solutions LTD

Mokena, IL

Innovative Broker Solutions LTD collected $28,332 in commissions and fees from 8 employer health plans in plan year 2024 filings, ranking #7066 among 12,126 brokers named in the public record. Most of its named clients are in Indiana.

Commissions + fees
$28,332
$4,033 commissions · $24,299 fees
Employer plans
8
19 contracts
Rank
#7066
top 58% 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
Catalyst Acoustics Group · Massachusetts$6,189134
Kinetics Noise Control, Inc · Ohio$5,704122
Klink Trucking, Inc. · Indiana$4,987143
Vanair Manufacturing, Inc. · Indiana$4,045228
American Renolit Corporation · Indiana$3,313346
Westminster Village Muncie, Inc. · Indiana$2,165154
B & B Manufacturing, Inc. · Indiana$1,093102
Custom Data Processing · Illinois$836137

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.

5 plans
1 plans
1 plans

How much does Innovative Broker Solutions LTD earn from employer health plans?

In plan year 2024 filings, employers reported paying Innovative Broker Solutions LTD $28,332: $4,033 in commissions and $24,299 in fees, across 19 insurance contracts at 8 employers. That ranks #7066 of 12,126 brokers in the public record.

What commission rate is paid on plans Innovative Broker Solutions LTD brokers?

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

Which employers use Innovative Broker Solutions LTD?

The largest reported payers in 2024 were Catalyst Acoustics Group, Kinetics Noise Control, Inc, Klink Trucking, Inc.. Indiana is its biggest state by employer count (5 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.

Is this your company's plan? Get a written review of the filing.
A WellthCare benefits specialist reads your Form 5500 the way a fiduciary reviewer would and writes up what to take to your broker before renewal. Free, from the public record only.