Plan Snapshot
- Plan Sponsor: Innovative Solutions & Support, LLC
- Sponsor EIN: 233019437
- Sponsor Address: 720 PENNSYLVANIA DRIVE, EXTON, PA, 193411129
- Plan Type: Health & Welfare
- Plan Number: 510
- Total Participants: 297
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 297 | $0 | $0 | $0 |
| 2024 | 125 | $173,396 | $1.5M | $313,887 |
| 2023 | 84 | $324,972 | $1.1M | $237,332 |
| 2022 | 71 | $563,567 | $951,550 | $202,334 |
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 |
|---|---|---|---|---|
| ENGLE HAMBRIGHT & DAVIES, INC. | Investment Advisor | $49,824 | — | $49,824 |
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $32,707 | — | $32,707 |
| THE BENECON GROUP | Investment Advisor | $25,910 | — | $25,910 |
| CONNECTCARE 3 | Other Service Provider | $6,359 | — | $6,359 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $114,800
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 |
|---|---|---|---|---|---|
| 2025 | — | — | — | — | — |
| 2024 | $2,149,819 | — | — | — | — |
| 2023 | $1,672,548 | — | — | — | — |
| 2022 | $818,519 | — | — | — | — |