2023 Form 5500 filing — Innovative Driven 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 20241014133433NAL0015011875001) for Innovative Driven 401(K) Plan, reported by Innovative Discovery Employment Services Company, Inc. under EIN 82-1582174 and plan number 001. It reports 944 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014133433NAL0015011875001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Innovative Discovery Employment Services Company, Inc.
- EIN
- 82-1582174
- Plan number
- 001
- Location
- Arlington, VA
- Participants
- 944
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $31,715,958
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,715,958
- Employer contributions
- $1,293,035
- Participant contributions
- $2,493,345
- Total income / additions
- $8,681,099
- Benefits paid
- $4,705,089
- Administrative expenses
- $97,516
- Total expenses
- $4,799,392
- Net increase / (decrease)
- $3,881,707
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kestra Advisory Services LLC | INVESTMENT ADVISOR | $59,955 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $26,751 | $0 |
| Blue Chip Retirement Plans Inc | CONTRACT ADMIN | $10,810 | not reported in the loaded dataset |