Plan5500

Inova Payroll, Inc. 401(K) Plan — Form 5500 plan (Inova Payroll, Inc.)

Plain-English plan 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, Inova Payroll, Inc. 401(K) Plan is a benefit plan reported by Inova Payroll, Inc. under EIN 27-5141646 and plan number 001. The latest loaded filing year is 2023. The filing reports 310 participants and $12,557,700 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Inova Payroll, Inc.
EIN
27-5141646
Plan number
001
Plan type
2
Location
Nashville, TN
Latest filing year
2023
Participants
310
End-of-year plan assets
$12,557,700

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023310H, C20240815095352NAL0007145971001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,557,700
Total liabilities (EOY)
$0
Net assets (EOY)
$12,557,700
Net assets (BOY)
$9,557,301

Income & contributions

Employer contributions
$382,512
Participant contributions
$1,265,820
Total contributions
$1,933,971
Total income / additions
$3,682,672

Expenses & distributions

Benefits paid
$606,548
Administrative expenses
$75,725
Total expenses
$682,273
Net increase / (decrease)
$3,000,399

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Erisa Partners, Inc.RECORDKEEPER$47,970not reported in the loaded dataset2023
Erisa Advisers, Inc.INVESTMENT MANAGER$25,505not reported in the loaded dataset2023

Related Form 5500 pages