Plan Snapshot
- Plan Sponsor: Innovative Reasoning LLC
- Sponsor EIN: 202539270
- Sponsor Address: 12424 RESEARCH PKWY STE 155, ORLANDO, FL, 328262977
- Plan Type: DC
- Total Participants: 124
- Total Assets: $9.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 124 | $9.3M | $285,832 | $594,843 |
| 2023 | 120 | $7.8M | $255,402 | $565,228 |
| 2022 | 98 | $7.9M | $272,520 | $633,977 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $47,152 | — | $47,152 |
| CREATIVE PLANNING, INC. | INVESTMENT ADVISORY | — | $22,745 | $22,745 |
| MCDIRMIT DAVIS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING, INC. — INVESTMENT ADVISORY
- MCDIRMIT DAVIS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,897
- Estimated Expense Ratio: 0.754% 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 | $47,152 | — | $47,152 | — | — |
| 2023 | $8,197 | — | $8,197 | — | — |
| 2022 | $3,823 | — | $3,823 | — | — |