Original filing (PDF)20250910041252NAL0034988688001

INOVA PAYROLL, INC.

Name: INOVA PAYROLL, INC. — INOVA PAYROLL, INC. 401(K) PLAN, Form 5500 (2024)
Creator: INOVA PAYROLL, INC.

Form 5500

FILING_RECEIVED

INOVA PAYROLL, INC. 401(K) PLAN

401(k) retirement plan

Signals · 1

44% in single holding

Active participants

258

Accounts w/ balance

232

Plan assets (EOY)

$15.7M

Net assets (EOY)

$15.7M

How this plan invests

This plan

45 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

Total plan cost

Vendor stack

100

Participation health

100

Knocking points off

Top holding "Vanguard Total Stock Market Index Fd Mutual fund N/A" is 44% of plan.
71 bps in Schedule C fees — 144% above peer band of 29 bps.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for INOVA PAYROLL, INC..

Plan sponsor

Name

INOVA PAYROLL, INC.

EIN

27-5141646

Address

636 GRASSMERE PARK · STE 110 · NASHVILLE, TN · 37211

Phone

(615) 921-0608

Industry

Professional & Technical Servicessee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-09-10

Pension benefit codes

2E · Profit-sharing

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2R · Participant-directed brokerage (SDBA)

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

BLANKENSHIP CPA GROUP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
ERISA PARTNERS, INC.	64-0815705	BRENTWOOD, TN	RECORDKEEPER & TPA	$64K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
ERISA ADVISERS, INC.	46-4414880	—	INVESTMENT MANAGER	$33K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
BLANKENSHIP CPA GROUP	45-0491842	—	IQPA AUDITOR	$14K	—

Investments

45 direct securities· $15.7M(100% of reported assets)

Uncategorized

$15.7M

44 holdings

Common Stocks

$2K

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
Vanguard Total Stock Market Index Fd Mutual fund N/A	—	—	—	$6.9M	43.6%
Vanguard Short Term BD Index Fd Mutual fund N/A	—	—	—	$3.6M	22.6%
Vanguard Mid Cap Value Mutual fund N/A	—	—	—	$1.0M	6.5%
Vanguard Small Cap I Mutual fund N/A	—	—	—	$755K	4.8%
Vanguard Info Tech Index FD Admiral Mutual fund N/A	—	—	—	$633K	4.0%
Vanguard Real Estate in Fd Mutual fund N/A	—	—	—	$498K	3.2%
Vanguard Total Bond Market Index Mutual fund N/A	—	—	—	$288K	1.8%
Vanguard Total Intl Stock Index Mutual fund N/A	—	—	—	$266K	1.7%
Vanguard Emerging Mkts Stk Idx FD Mutual fund N/A	—	—	—	$248K	1.6%
Cash Equivalents * Charles Schwab money market Money markets N/A	—	—	—	$247K	1.6%
Interim Govt Fixed Inc. Port Instl Mutual fund N/A	—	—	—	$195K	1.2%
Nvidia Corp 1182 shares of common stock	—	—	$36K	$159K	1.0%
Registered Investment Companies DFA Emerging Markets Sm Cap Port Mutual fund N/A	—	—	—	$137K	0.9%
Intl Small Co Port Instl Mutual fund N/A	—	—	—	$108K	0.7%
Notes receivable from participants * Participant loans Interest rate 3.25% - 10.50% -	—	—	—	$107K	0.7%
Palantir Technologies Inc. 1100 shares of common stock	—	—	$12K	$83K	0.5%
Stellus Cap Invt Corp 4000 shares of common stock	—	—	$53K	$55K	0.3%
Paycom Software Inc. 200 shares of common stock	—	—	$29K	$41K	0.3%
FS KKR Cpaital Grop 1850 shares of common stock	—	—	$43K	$40K	0.3%
Charles Schwab Bank Cash equivalent N/A	—	—	—	$33K	0.2%
Enhanced US Large Co Port Instl Mutual fund N/A	—	—	—	$31K	0.2%
Arbor Realty Trust Inc. 2,000 shares of common stock	—	—	$31K	$28K	0.2%
Pimco Dynamic Income Mutual fund N/A	—	—	—	$28K	0.2%
Pennymac Mortgage Mutual fund N/A	—	—	—	$26K	0.2%
MFA Finl, Inc. 2500 shares of common stock	—	—	$25K	$25K	0.2%
Guggenheim Strt Oppty FD Mutual fund N/A	—	—	—	$24K	0.2%
Blue Owl Cap Corp 1600 shares of common stock	—	—	$21K	$24K	0.2%
Pennantpark Cap LTD 2200 shares of common stock	—	—	$25K	$24K	0.2%
Annaly Capital Mgmt Mutual fund N/A	—	—	—	$24K	0.2%
Orchid Island Cap 3004 shares of common stock	—	—	$29K	$23K	0.1%
Neos S& P 500 HI ETF Mutual fund N/A	—	—	—	$23K	0.1%
Cornerstone Stra Val Mutual fund N/A	—	—	—	$23K	0.1%
Barings B D C Inc 2,100 shares of common stock	—	—	$21K	$20K	0.1%
Armour Residential 1,000 shares of common stock	—	—	$28K	$19K	0.1%
Mercadolibre Inc. 10 shares of common stock	—	—	$13K	$17K	0.1%
Ishares Bitcoin TR Mutual fund N/A	—	—	—	$11K	<0.1%
Zeta Global Holdings 525 shares of common stock	—	—	$5K	$9K	<0.1%
Paysafe Ltd 42 shares of common stock	—	—	—	$6K	<0.1%
Palo Alto Networks 32 shared of common stock	—	—	$6K	$6K	<0.1%
Vanguard High-Yield Corporate Fd Mutual fund N/A	—	—	—	$4K	<0.1%
Magnite Inc. 200 shares of common stock	—	—	$7K	$3K	<0.1%
Dynex Capital Inc. 199 shares of common stock	—	—	$3K	$3K	<0.1%
Super Micro Computer 80 shares of common stock	—	—	$4K	$2K	<0.1%
Alibaba Group Holding 20 shares of common stock	Common Stocks	—	$4K	$2K	<0.1%
Baidu Com Inc. 20 shares of common stock	—	—	$4K	$2K	<0.1%