Plan Snapshot
- Plan Sponsor: Inovex Information Systems
- Sponsor EIN: 200789181
- Sponsor Address: 6950 COLUMBIA GATEWAY DRIVE, COLUMBIA, MD, 21046
- Plan Type: 401(k)
- Total Participants: 585
- Total Assets: $89.6M
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 | 585 | $89.6M | $11.9M | $7.1M |
| 2023 | 233 | $23.3M | $3.2M | $2.7M |
| 2022 | 152 | $15.5M | $773,973 | $1.3M |
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 |
|---|---|---|---|---|
| APRIO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- APRIO 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 | $117,447 | $76,918 | $15,335 | — | — |
| 2023 | $93,333 | $2,622 | $90,711 | — | — |
| 2022 | $73,521 | — | — | — | — |