Innovative Driven 401(K) Plan — Form 5500 plan (Innovative Discovery Employment Services Company, 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, Innovative Driven 401(K) Plan is a benefit plan reported by Innovative Discovery Employment Services Company, Inc. under EIN 82-1582174 and plan number 001. The latest loaded filing year is 2023. The filing reports 944 participants and $31,715,958 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Innovative Discovery Employment Services Company, Inc.
EIN
82-1582174
Plan number
001
Plan type
2
Location
Arlington, VA
Latest filing year
2023
Participants
944
End-of-year plan assets
$31,715,958

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023944H, C20241014133433NAL0015011875001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$31,715,958
Total liabilities (EOY)
$0
Net assets (EOY)
$31,715,958
Net assets (BOY)
$27,268,100

Income & contributions

Employer contributions
$1,293,035
Participant contributions
$2,493,345
Total contributions
$3,940,234
Total income / additions
$8,681,099

Expenses & distributions

Benefits paid
$4,705,089
Administrative expenses
$97,516
Total expenses
$4,799,392
Net increase / (decrease)
$3,881,707

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Kestra Advisory Services LLCINVESTMENT ADVISOR$59,955not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$26,751$02023
Blue Chip Retirement Plans IncCONTRACT ADMIN$10,810not reported in the loaded dataset2023

Related Form 5500 pages