Plan Snapshot
- Plan Sponsor: Innovative Discovery Employment Services Company, INC.
- Sponsor EIN: 821582174
- Sponsor Address: 1500 WILSON BOULEVARD 15TH FLOOR, ARLINGTON, VA, 22209
- Plan Type: 401(k)
- Total Participants: 1,629
- Total Assets: $35.5M
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 | 1,629 | $35.5M | $1.1M | $2.6M |
| 2023 | 689 | $31.7M | $1.3M | $2.5M |
| 2022 | 357 | $27.3M | $802,761 | $1.8M |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES LLC | Investment Advisor | $59,917 | — | $59,917 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $30,607 | — | $30,607 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,524
- Estimated Expense Ratio: 0.255% 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 | $90,524 | $59,917 | — | — | — |
| 2023 | $97,516 | $59,955 | $10,810 | — | — |
| 2022 | $60,106 | — | $60,106 | — | — |