Plan Snapshot
- Plan Sponsor: Innovairre Holding Company, LLC
- Sponsor EIN: 813166551
- Sponsor Address: 2 EXECUTIVE CAMPUS SUITE 200, CHERRY HILL, NJ, 08002
- Plan Type: 401(k)
- Total Participants: 578
- Total Assets: $36.8M
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 | 578 | $36.8M | $858,947 | $2.2M |
| 2023 | 622 | $34.4M | -$21,964 | $2.1M |
| 2022 | 607 | $30.0M | $776,317 | $1.7M |
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 |
|---|---|---|---|---|
| BAKER NEWMAN NOYES LLC | Auditor | — | — | $0 |
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 | $47,186 | $43,040 | — | — | — |
| 2023 | $41,977 | $36,804 | — | — | — |
| 2022 | $40,633 | — | $40,633 | — | — |