Plan Snapshot
- Plan Sponsor: Innovative Capital Management
- Sponsor EIN: 203889074
- Sponsor Address: 2910 ADAMS ROAD, NORMAN, OK, 73069
- Plan Type: 401(k)
- Total Participants: 425
- Total Assets: $4.7M
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 | 425 | $4.7M | $127,534 | $463,568 |
| 2023 | 399 | $4.1M | $128,716 | $504,594 |
| 2022 | 305 | $3.4M | $117,165 | $392,468 |
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 |
|---|---|---|---|---|
| GARY, BLODGETT & CO. PLLC | 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 | $35,405 | — | $35,405 | — | — |
| 2023 | $29,952 | — | $29,952 | — | — |
| 2022 | $27,946 | — | $27,946 | — | — |