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, Innovative Systems, LLC 401(K) Plan is a benefit plan reported by Innovative Systems, LLC under EIN 41-1920375 and plan number 001. The latest loaded filing year is 2023. The filing reports 212 participants and $41,347,314 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $41,347,314
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,347,314
- Net assets (BOY)
- $35,238,757
Income & contributions
- Employer contributions
- $327,484
- Participant contributions
- $1,792,932
- Total contributions
- $2,132,391
- Total income / additions
- $9,168,324
Expenses & distributions
- Benefits paid
- $2,974,526
- Administrative expenses
- $85,241
- Total expenses
- $3,059,767
- Net increase / (decrease)
- $6,108,557