Plan Snapshot
- Plan Sponsor: Inova Health System Foundation
- Sponsor EIN: 541071867
- Sponsor Address: 8095 INNOVATION PARK DRIVE, FAIRFAX, VA, 22031
- Plan Type: 403(b)
- Total Participants: 401
- Total Assets: $156.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 401 | $156.6M | $0 | $0 |
| 2023 | 22,057 | $149.4M | $0 | $8.3M |
| 2022 | 19,826 | $131.2M | $0 | $7.4M |
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 |
|---|---|---|---|---|
| ERNST AND YOUNG, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST AND YOUNG, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $29,714 | $53,193 | — | — | — |
| 2023 | $11,048 | $52,281 | — | — | — |
| 2022 | $8,410 | $44,320 | — | — | — |