Employers › American CyberSystems
Recordkeeping fees per participant · Innova Solutions, Inc. Retirement Savings Plan · plan year 2024
$57.38
Higher than 61% of the 1,697 plans $250M to 1B that report it.
= $393,750 / 6,862
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015145733NAL0004918321001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015145733NAL0004918321001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$99.13
Higher than 76% of the 2,324 plans $250M to 1B that report it.
= $680,240 / 6,862
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015145733NAL0004918321001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015145733NAL0004918321001, received 2025-10-15
Administrative expenses per participant
$105.10
Higher than 62% of the 2,405 plans $250M to 1B that report it.
= $721,202 / 6,862
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015145733NAL0004918321001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015145733NAL0004918321001, received 2025-10-15
Administrative expenses as a share of assets
0.207%
Higher than 93% of the 2,407 plans $250M to 1B that report it.
= $721,202 / $348,774,251
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015145733NAL0004918321001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015145733NAL0004918321001, received 2025-10-15
Employer contributions per participant
filed as negative
Filed as a negative amount; no comparison.
Employer share of total contributions
filed as negative
Filed as a negative amount; no comparison.
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015145733NAL0004918321001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | INNOVA SOLUTIONS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Plan name | INNOVA SOLUTIONS, INC. RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Sponsor EIN / plan number | 58-2400405 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Sponsor location | ATLANTA, GA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Industry (business code) | 541511, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Participants, beginning of year | 38,482 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Active participants | 35,700 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Participants, end of year | 40,018 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Participants with an account balance | 6,862 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Total assets, beginning of year | $328,489,733 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Total assets, end of year | $348,774,251 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Net assets, end of year | $348,774,251 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Total income | $78,640,127 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Net income | $20,262,867 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Employer contributions | $-24,948 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Participant contributions | $24,550,973 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $5,101,159 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Total contributions | $29,627,184 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Benefit payments | $57,589,936 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $58,377,260 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Total administrative expenses | $721,202 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Contract administrator fees | $1,200 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Recordkeeping fees | $393,750 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Investment advisory and management fees | $40,962 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Administrative expenses excluding investment management | $680,240 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Held in common/collective trusts | $132,248,542 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Held in mutual funds | $205,295,483 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015145733NAL0004918321001, received 2025-10-15 |
| Independent auditor | SMITH & HOWARD, PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015145733NAL0004918321001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015145733NAL0004918321001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $398,403 | yes |
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | 26 Investment advisory (participants) | $207,165 | no |
| CAPFINANCIAL PARTNERS, LLC | PLAN SPONSOR | 27 Investment advisory (plan) | $78,125 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $40,962 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015145733NAL0004918321001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $328,603,389 | $348,774,251 | 6.1% |
| Participants with a balance | 7,481 | 6,862 | -8.3% |
| Administrative expenses | $541,664 | $721,202 | 33.1% |
| Recordkeeping fees per participant | $36.22 | $57.38 | 58.4% |
| Employer contributions | $25,057 | $-24,948 | -199.6% |
Prior filing 20260415193553NAL0020347953001, received 2026-04-15; the plan years are contiguous.
Sponsor name as filed: INNOVA SOLUTIONS, INC.; SEC registrant: American CyberSystems Inc (CIK 1585022, matched by EIN).