# Innovid LLC 401(k) Plan
Source: https://planprovider.pro/companies/innovid-llc-401k-plan

> Innovid LLC&#39;s 401(k) plan: 180 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/park-avenue-securities-llc) — OTHER SERVICES

- [BDG-CPAS](https://planprovider.pro/provider/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|—|—|

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