Inov8v Marine Group Incorporated 401k Plan — Form 5500 plan (Inov8v Marine Group Incorporated)

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, Inov8v Marine Group Incorporated 401k Plan is a benefit plan reported by Inov8v Marine Group Incorporated under EIN 91-0787276 and plan number 001. The latest loaded filing year is 2023. The filing reports 37 participants and $1,295,901 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.3MPlan net assets, end of year$1,295,901
Participants37Covered participants reported
Assets / participant$35KComputed: assets ÷ participants$35,024 (computed)
Provider compensationNone reported
Plan sponsor
Inov8v Marine Group Incorporated
EIN
91-0787276
Plan number
001
Plan type
2
Location
Arlington, WA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202337I20241007172531NAL0028071136001
Schedule I · 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)$1.3M total assets
Net assets$1.3MLiabilities
Money in vs. money out
Total income / additions$508.9K
Total expenses$42.6K
Benefits paid / distributions$40.7K
Contributions
Employer$90K
Participant$237.5K
Full reported line items

Net assets

Total assets (EOY)
$1,295,901
Net assets (EOY)
$1,295,901
Net assets (BOY)
$829,565

Income & contributions

Employer contributions
$89,975
Participant contributions
$237,453
Total income / additions
$508,911

Expenses & distributions

Benefits paid
$40,674
Administrative expenses
$0
Total expenses
$42,575
Net increase / (decrease)
$466,336

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages