Plan Snapshot
- Plan Sponsor: Innovation Charter High School
- Sponsor EIN: 271736728
- Sponsor Address: 410 EAST 100TH ST 2ND FL, NEW YORK, NY, 10029
- Plan Type: 401(k)
- Total Participants: 65
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 65 | $5.7M | $194,866 | $344,881 |
| 2023 | 70 | $4.7M | $270,724 | $400,501 |
| 2022 | 94 | $4.1M | $237,775 | $461,384 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, 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 | $20,401 | $12,083 | — | — | — |
| 2023 | $6,542 | $2,717 | — | — | — |
| 2022 | $1,740 | — | — | — | — |