Plan Snapshot
- Plan Sponsor: Ingenuity Prep
- Sponsor EIN: 455054392
- Sponsor Address: 4600 LIVINGTON RD SE, WASHINGTON, DC, 20032
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 171 | $3.2M | $201,556 | $489,234 |
| 2023 | 156 | $2.5M | $203,117 | $479,598 |
| 2022 | 155 | $1.8M | $160,002 | $390,939 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $8,697 | — | $8,697 |
| KENDALL PREBOLA AND JONES CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,697
- Estimated Expense Ratio: 0.274% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $8,698 | — | — | — | — |
| 2023 | $6,936 | $935 | — | — | — |
| 2022 | $2,250 | — | — | — | — |