Plan Snapshot
- Plan Sponsor: Innovid LLC
- Sponsor EIN: 980566587
- Sponsor Address: 30 IRVING PLACE 12TH FLOOR, NEW YORK, NY, 100032303
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $23.9M
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 | 180 | $23.9M | $1.2M | $2.5M |
| 2023 | 183 | $20.1M | $1.2M | $2.6M |
| 2022 | 204 | $15.9M | $1.2M | $2.5M |
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 | $131,194 | — | $131,194 |
| PARK AVENUE SECURITIES | OTHER SERVICES | — | $54,752 | $54,752 |
| BDG-CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARK AVENUE SECURITIES — OTHER SERVICES
- BDG-CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $185,946
- Estimated Expense Ratio: 0.779% 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 | $131,194 | — | $131,194 | — | — |
| 2023 | $107,992 | — | $107,992 | — | — |
| 2022 | $16,095 | — | $16,095 | — | — |