Innovo Benefits Group
Innovo Benefits Group collected $1.6M in commissions and fees from 24 employer health plans in plan year 2024 filings, ranking #302 among 12,126 brokers named in the public record. Most of its named clients are in Massachusetts.
Largest clients
Employers whose filings reported the most compensation to this broker.
| Employer | Paid to broker | Participants |
|---|---|---|
| Lendbuzz, Inc. · Massachusetts | $147,849 | 346 |
| Noble Supply & Logistics · Massachusetts | $127,574 | 595 |
| Taymax Group Acquisition, LLC · New Hampshire | $124,395 | 345 |
| Uphams Corner Health Committee, Inc. · Massachusetts | $115,143 | 354 |
| Comsol, Inc. · Massachusetts | $83,511 | 108 |
| New England College of Optometry · Massachusetts | $76,599 | 135 |
| Greenlight Biosciences, Inc. · Massachusetts | $76,052 | 126 |
| Cox Engineering Company · Massachusetts | $74,264 | 308 |
| Park Place International LLC dba Cloudwave · Massachusetts | $73,003 | 160 |
| Avania US Group LLC · Massachusetts | $67,881 | 155 |
| Halloran Consulting Group, Inc. · Massachusetts | $62,471 | 154 |
| Hopewell Inc. · Massachusetts | $58,776 | 165 |
| Gray, Gray & Gray, LLP · Massachusetts | $53,515 | 122 |
| Rogerson Communities · Massachusetts | $53,405 | 177 |
| Meadowbrook School of Weston · Massachusetts | $52,623 | 103 |
| Cushing Academy · Massachusetts | $45,688 | 104 |
| Empower Lga · Massachusetts | $44,979 | 132 |
| Hyannis Port Research · Massachusetts | $42,070 | 100 |
| Spike, Inc. dba Olympia Moving & Storage · Massachusetts | $41,870 | 119 |
| Teikametrics, LLC · Massachusetts | $39,145 | 117 |
| Correctional Psychiatric Services · Massachusetts | $35,691 | 194 |
| Genholdco, LLC dba Cref · Massachusetts | $27,755 | 188 |
| Stavvy, Inc. · Massachusetts | $26,792 | 332 |
| The Spark Agency Inc. dba Switch · Missouri | $4,034 | 123 |
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.
How much does Innovo Benefits Group earn from employer health plans?
In plan year 2024 filings, employers reported paying Innovo Benefits Group $1,555,085: $1,332,219 in commissions and $222,866 in fees, across 94 insurance contracts at 24 employers. That ranks #302 of 12,126 brokers in the public record.
What commission rate is paid on plans Innovo Benefits Group brokers?
Not enough fully insured medical plans name Innovo Benefits Group as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use Innovo Benefits Group?
The largest reported payers in 2024 were Lendbuzz, Inc., Noble Supply & Logistics, Taymax Group Acquisition, LLC. Massachusetts is its biggest state by employer count (22 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.