Plan Snapshot
- Plan Sponsor: Innovacare Services Company, LLC
- Sponsor EIN: 461417639
- Sponsor Address: 425 WEST COLONIAL DRIVE STE 303, ORLANDO, FL, 32804
- Plan Type: 401(k)
- Total Participants: 878
- Total Assets: $62.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 878 | $62.6M | $2.0M | $2.8M |
| 2023 | 1,367 | $54.2M | $2.0M | $2.5M |
| 2022 | 1,314 | $48.9M | $1.1M | $1.6M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $88,730 | $88,730 | — | — | — |
| 2023 | $62,097 | $61,697 | — | — | — |
| 2022 | $195,143 | — | $113,462 | — | $76,961 |