Fundz
Fundz
Benefits Intelligence/Broker Directory/Puerto Rico

Innova Insurance Services Inc

Mercedita, PR

Innova Insurance Services Inc of Mercedita, PR is the broker of record on 32 Form 5500 Schedule A filings covering 21 employer benefit plans across 5 states, with $647,752 in reported broker commissions (plan year 2025).

Employer clients
21
distinct plan sponsors
Schedule A filings
32
States served
5
Reported commissions
$647,752
plan year 2025
Reported fees
$113,219

Quick answer

Innova Insurance Services Inc (Mercedita, PR) is the broker of record for 21 employer benefit plan sponsors on 32 Form 5500 Schedule A filings, plan year 2025.

How many employer clients does Innova Insurance Services Inc have?
Innova Insurance Services Inc is named as broker on Form 5500 Schedule A filings for 21 distinct plan sponsors in 5 states.
Who are Innova Insurance Services Inc's largest employer clients?
By plan participants, the largest include Sonesta International Hotels Corporation (6,291 participants), Smg (4,725 participants) and Amgen Manufacturing Limited LLC (2,560 participants).
How much does Innova Insurance Services Inc earn in commissions?
Insurers reported $647,752 in broker commissions and $113,219 in fees paid to Innova Insurance Services Inc for plan year 2025, per Schedule A Part 1.
Where is Innova Insurance Services Inc located?
Innova Insurance Services Inc is based in Mercedita, PR and has employer clients in 5 states.
How does Innova Insurance Services Inc rank among benefits brokers in Puerto Rico?
Innova Insurance Services Inc ranks #9 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 Services Inc on a Form 5500 Schedule A, largest first. Sponsor name, state, participant count and plan year end come directly from the filing.

EmployerStateParticipantsPlan year end
Sonesta International Hotels CorporationMA6,2912025-04-30
SmgPA4,7252025-12-31
Amgen Manufacturing Limited LLCPR2,5602025-12-31
18 more employer clients are on this firm's record, with the month each plan comes up again. See the full client list

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Other benefits brokers in Puerto Rico

  • Ikon Insurance, Inc.: 54 employer clients, $5,122,794 reported commissions (San Juan)
  • Cgf Insurance LLC: 85 employer clients, $63,273,771 reported commissions (Guaynabo)
  • Marsh Saldana: 72 employer clients, $4,479,061 reported commissions (San Juan)
  • Hub International Puerto Rico, Inc.: 51 employer clients, $5,803,745 reported commissions (San Juan)
  • Fulcro Insurance: 44 employer clients, $2,789,973 reported commissions (San Juan)
  • Aon Risk Services Of Pr: 34 employer clients, $1,116,991 reported commissions (San Juan)
  • Marsh Puerto Rico Inc: 34 employer clients, $2,433,999 reported commissions (San Juan)
  • Aon Risk Solutions Of Pr, Inc.: 20 employer clients, $2,026,415 reported commissions (San Juan)

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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.