Innovative Office Solutions 401(K) Plan — Form 5500 plan (Innovative Office Solutions)
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 Office Solutions 401(K) Plan is a benefit plan reported by Innovative Office Solutions under EIN 36-4550688 and plan number 002. The latest loaded filing year is 2023. The filing reports 342 participants and $17,099,080 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Innovative Office Solutions
- EIN
- 36-4550688
- Plan number
- 002
- Plan type
- 2
- Location
- Burnsville, MN
- Latest filing year
- 2023
- Participants
- 342
- End-of-year plan assets
- $17,099,080
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 342 | H, C | 20241011102228NAL0021664145001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,099,080
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,099,080
- Net assets (BOY)
- $15,514,353
Income & contributions
- Employer contributions
- $231,889
- Participant contributions
- $1,605,427
- Total contributions
- $1,956,890
- Total income / additions
- $4,407,948
Expenses & distributions
- Benefits paid
- $2,733,966
- Administrative expenses
- $89,255
- Total expenses
- $2,823,221
- Net increase / (decrease)
- $1,584,727
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $54,615 | $0 | 2023 |
| Bank Of America Na | INVESTMENT AD VISORY-PLAN | $30,770 | $0 | 2023 |
| Tax Sheltered Compensation, Inc. | RECORDKEEPER | $3,875 | $133 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Innovative Office Solutions
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Burnsville, MN
- Transamerica Retirement Solutions, — Schedule C compensation
- Bank Of America Na — Schedule C compensation
- Tax Sheltered Compensation, Inc. — Schedule C compensation