2023 Form 5500 filing — Inova Payroll, Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240815095352NAL0007145971001) for Inova Payroll, Inc. 401(K) Plan, reported by Inova Payroll, Inc. under EIN 27-5141646 and plan number 001. It reports 310 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$12.6MReported net assets$12,557,700
Participants310
Provider compensation$73.5K2 Schedule C row(s)$73,475
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240815095352NAL0007145971001
- Plan sponsor
- Inova Payroll, Inc.
- EIN
- 27-5141646
- Plan number
- 001
- Location
- Nashville, TN
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$12.6M total assets
Net assets$12.6MLiabilities$0
Full reported line items
- Total assets (EOY)
- $12,557,700
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,557,700
- Employer contributions
- $382,512
- Participant contributions
- $1,265,820
- Total income / additions
- $3,682,672
- Benefits paid
- $606,548
- Administrative expenses
- $75,725
- Total expenses
- $682,273
- Net increase / (decrease)
- $3,000,399
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Erisa Partners, Inc. | RECORDKEEPER | $47,970 | not reported in the loaded dataset |
| Erisa Advisers, Inc. | INVESTMENT MANAGER | $25,505 | not reported in the loaded dataset |