Innovo Benefits Group
Concord, MA
Innovo Benefits Group of Concord, MA is the broker of record on 35 Form 5500 Schedule A filings covering 24 employer benefit plans across 3 states, with $1,860,348 in reported broker commissions (plan year 2025).
Quick answer
Innovo Benefits Group (Concord, MA) is the broker of record for 24 employer benefit plan sponsors on 35 Form 5500 Schedule A filings, plan year 2025.
- How many employer clients does Innovo Benefits Group have?
- Innovo Benefits Group is named as broker on Form 5500 Schedule A filings for 24 distinct plan sponsors in 3 states.
- Who are Innovo Benefits Group's largest employer clients?
- By plan participants, the largest include American Steel And Aluminum LLC (460 participants), Noble Supply & Logistics (426 participants) and Lendbuzz, Inc. (420 participants).
- How much does Innovo Benefits Group earn in commissions?
- Insurers reported $1.9 million in broker commissions and $335,144 in fees paid to Innovo Benefits Group for plan year 2025, per Schedule A Part 1.
- Where is Innovo Benefits Group located?
- Innovo Benefits Group is based in Concord, MA and has employer clients in 3 states.
- How does Innovo Benefits Group rank among benefits brokers in Massachusetts?
- Innovo Benefits Group ranks #39 by employer clients among the 50 most active benefits brokers based in Massachusetts.
Source: Fundz verified event record.
Employer clients
Plan sponsors naming Innovo Benefits Group 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 |
|---|---|---|---|
| American Steel And Aluminum LLC | MA | 460 | 2025-12-31 |
| Noble Supply & Logistics | MA | 426 | 2025-12-31 |
| Lendbuzz, Inc. | MA | 420 | 2025-08-31 |
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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.