Innova Insurance
Mercedita, PR
Innova Insurance of Mercedita, PR is the broker of record on 21 Form 5500 Schedule A filings covering 12 employer benefit plans across 3 states, with $7,768 in reported broker commissions (plan year 2025).
Quick answer
Innova Insurance (Mercedita, PR) is the broker of record for 12 employer benefit plan sponsors on 21 Form 5500 Schedule A filings, plan year 2025.
- How many employer clients does Innova Insurance have?
- Innova Insurance is named as broker on Form 5500 Schedule A filings for 12 distinct plan sponsors in 3 states.
- Who are Innova Insurance's largest employer clients?
- By plan participants, the largest include Guidant Puerto Rico, B.V. (1,250 participants), Gfr Services LLC (420 participants) and Motorambar, Inc. (214 participants).
- How much does Innova Insurance earn in commissions?
- Insurers reported $7,768 in broker commissions and $102,466 in fees paid to Innova Insurance for plan year 2025, per Schedule A Part 1.
- Where is Innova Insurance located?
- Innova Insurance is based in Mercedita, PR and has employer clients in 3 states.
- How does Innova Insurance rank among benefits brokers in Puerto Rico?
- Innova Insurance ranks #20 by employer clients among the 50 most active benefits brokers based in Puerto Rico.
Source: Fundz verified event record.
Employer clients
Plan sponsors naming Innova Insurance on a Form 5500 Schedule A, largest first. Sponsor name, state, participant count and plan year end come directly from the filing.
| Employer | State | Participants | Plan year end |
|---|---|---|---|
| Guidant Puerto Rico, B.V. | PR | 1,250 | 2024-12-31 |
| Gfr Services LLC | PR | 420 | 2025-04-30 |
| Motorambar, Inc. | PR | 214 | 2025-06-30 |
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Form 5500 Schedule A Part 1 (broker of record), 2024 to 2025 plan years. Source: U.S. Department of Labor EFAST2. Commission and fee figures are as reported by the plan's insurer on Schedule A Part 1 and are not adjusted.