2023 Form 5500 filing — Innovate Corp 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 20240912095857NAL0013924784001) for Innovate Corp 401(K) Plan, reported by Innovate Corp under EIN 54-1708481 and plan number 002. It reports 111 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)$6.1MReported net assets$6,092,373
Participants111
Provider compensation$20.2K2 Schedule C row(s)$20,213
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240912095857NAL0013924784001
Plan sponsor
Innovate Corp
EIN
54-1708481
Plan number
002
Location
New York, NY
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$6.1M total assets
Net assets$6.1MLiabilities
Money in vs. money out
Total income / additions$2.1M
Total expenses$3M
Benefits paid / distributions$3M
Contributions
Employer$124K
Participant$418.5K
Full reported line items
Total assets (EOY)
$6,092,373
Net assets (EOY)
$6,092,373
Employer contributions
$124,045
Participant contributions
$418,473
Total income / additions
$2,138,207
Benefits paid
$3,011,831
Administrative expenses
$17,076
Total expenses
$3,028,907
Net increase / (decrease)
-$890,700
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $15.2K · Indirect $0
  2. 2
    CONTRACT ADMINISTRATOR · Direct $1.9K · Indirect $3.1K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240912095857NAL0013924784001 cover?
It is the 2023 Form 5500 filing for Innovate Corp 401(K) Plan, reported by Innovate Corp (EIN 54-1708481).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages