Plan Snapshot
- Plan Sponsor: Invo Healthcare Associates, LLC
- Sponsor EIN: 320395173
- Sponsor Address: 4200 W CYPRESS STREET, TAMPA, FL, 33607
- Plan Type: 401(k)
- Total Participants: 1,016
- Total Assets: $23.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,016 | $23.1M | $223,865 | $1.5M |
| 2023 | 1,400 | $21.1M | $222,791 | $1.8M |
| 2022 | 2,010 | $18.1M | $266,670 | $2.0M |
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 |
|---|---|---|---|---|
| USI CONSULTING GROUP | RECORDKEEPER | $47,981 | — | $47,981 |
| USI ADVISORS | ADVISOR | $36,797 | — | $36,797 |
| TORRILLO & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,778
- Estimated Expense Ratio: 0.367% 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 | $84,778 | $36,797 | — | — | — |
| 2023 | $51,351 | $37,879 | — | — | — |
| 2022 | $47,605 | — | — | — | $47,605 |