2023 Form 5500 filing — Innova Solutions, Inc. Retirement Savings 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 20260415193553NAL0020347953001) for Innova Solutions, Inc. Retirement Savings Plan, reported by Innova Solutions, Inc. under EIN 58-2400405 and plan number 001. It reports 20,792 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20260415193553NAL0020347953001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Innova Solutions, Inc.
- EIN
- 58-2400405
- Plan number
- 001
- Location
- Atlanta, GA
- Participants
- 20,792
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $328,603,389
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $328,603,389
- Employer contributions
- $25,057
- Participant contributions
- $24,794,385
- Total income / additions
- $65,367,235
- Benefits paid
- $45,017,094
- Administrative expenses
- $541,664
- Total expenses
- $45,707,263
- Net increase / (decrease)
- $19,659,972
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $270,678 | $0 |
| Morgan Stanley Smith Barney LLC | INVESTMENT ADVISOR | $143,204 | not reported in the loaded dataset |
| Smith & Howard, Pc | ACCOUNTANT/AUDITOR | $95,414 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $32,059 | not reported in the loaded dataset |