Inno4 401(K) Profit Sharing Plan — Form 5500 plan (Inno4 LLC)
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, Inno4 401(K) Profit Sharing Plan is a benefit plan reported by Inno4 LLC under EIN 27-3068524 and plan number 001. The latest loaded filing year is 2023. The filing reports 206 participants and $5,590,812 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.6MPlan net assets, end of year$5,590,812
Participants206Covered participants reported
Assets / participant$27.1KComputed: assets ÷ participants$27,140 (computed)
Provider compensation$29.6K4 Schedule C provider row(s)$29,613
- Plan sponsor
- Inno4 LLC
- EIN
- 27-3068524
- Plan number
- 001
- Plan type
- 2
- Location
- Boston, MA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 206 | H, C | 20250211125557NAL0010534851001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$5.6M total assets
Net assets$5.6MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $5,590,812
- Net assets (EOY)
- $5,590,812
- Net assets (BOY)
- $4,336,823
Income & contributions
- Employer contributions
- $390,361
- Participant contributions
- $367,928
- Total contributions
- $758,289
- Total income / additions
- $1,486,942
Expenses & distributions
- Benefits paid
- $236,419
- Administrative expenses
- $29,714
- Total expenses
- $232,953
- Net increase / (decrease)
- $1,253,989
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $13,962 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $13,446 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $1,367 | not reported in the loaded dataset | 2023 |
| Hub International New England | TPA | $838 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Inno4 LLC
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Boston, MA
- Empower Annuity Ins Co Of America — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Hub International New England — Schedule C compensation