# Inventus Power 401(k) Plan
Source: https://planprovider.pro/companies/inventus-power-401k-plan

> Inventus Power's 401(k) plan: 155 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Inventus Power

- **Sponsor EIN:** 273930731

- **Sponsor Address:** 1200 INTERNATIONALE PARKWAY, WOODRIDGE, IL, 60517

- **Plan Type:** 401(k)

- **Total Participants:** 155

- **Total Assets:** $35.3M

## 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|155|$35.3M|$722,261|$1.5M|

| 2023|161|$30.7M|$949,403|$1.8M|

| 2022|180|$23.7M|$920,803|$1.8M|

## 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|

| ADDUCCI VEGA FINANCIAL GROUP LLC|Auditor|—|—|$0|

## 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|$33,880|$5,739|—|—|—|

| 2023|$34,948|$4,518|—|—|—|

| 2022|$26,798|$4,125|—|—|—|

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