How big is Innovative Systems, LLC's plan?

Innovative Systems, LLC's plan reported $46.5M in assets and 202 participants for 2024.

Original filing (PDF)20251006224007NAL0004219153001

Innovative Systems, LLC

Name: Innovative Systems, LLC — Innovative Systems, LLC, Form 5500 (2024)
Creator: Innovative Systems, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Innovative Systems, LLC 401(k) Plan

401(k) retirement plan · Innovative Systems, LLC's Innovative Systems, LLC 401(k) Plan held $46.5M in plan assets for 202 participants in 2024.

Signals · 2

25% in single holdingHigh average account balance

Active participants

202

Accounts w/ balance

196

Plan assets (EOY)

$46.5M

Net assets (EOY)

$46.5M

People on this filing

GREG Feiner signed Innovative Systems, LLC's 2024 Form 5500 as plan administrator.

GREG Feiner — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Innovative Systems, LLC's EIN is 41-1920375.

EIN 41-1920375

Plan number 001

Plan year 2024

ACK ID 20251006224007NAL0004219153001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Innovative Systems, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Innovative Systems, LLC's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for INNOVATIVE SYSTEMS, LLC.

Finding similar companies…

How this plan invests

This plan

41 securities

funds · stocks · CUSIPs

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

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

100

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (25th percentile).

Helping the score

High average account balance (98th percentile).

Plan sponsor

Name

INNOVATIVE SYSTEMS, LLC

EIN

all filings

Address

1000 INNOVATIVE DRIVE · MITCHELL, SD · 57301

Phone

(605) 995-6120

Industry

Custom Computer Programming· Professional & Technical Services

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

2025-10-06

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

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

Audit & trust (Schedule H)

Service providers (Schedule C)

2 rows

Other service providers

Name	EIN	Location	Relation	Direct comp	Indirect comp
OSAIC WEALTH, INC.	—	PHOENIX, AZ	NONE	$49K	—
CPI QUALIFIED PLAN CONSULTANTS, INC	48-1205033	—	NONE	$41K	—

Investments

41 direct securities· $45.5M(98% of reported assets)

Mutual Funds

$34.8M

34 holdings

Other securities

$9.9M

5 holdings

Stable Value

$666K

1 holding

Bonds / Notes

$55K

1 holding

					% of plan
Vanguard Total Stock Mkt Index Mutual Fund	Mutual Funds	—	—	$11.5M	24.7%
JPMorgan Investor Growth Mutual Fund	Other securities	—	—	$6.1M	13.1%
American Funds Growth Fund of America R4 Mutual Fund	Mutual Funds	—	—	$3.9M	8.4%
American Funds Target Date Retirement 2045 R4 Mutual Fund	Mutual Funds	—	—	$1.7M	3.6%
American Funds Target Date Retirement 2035 R4 Mutual Fund	Mutual Funds	—	—	$1.7M	3.6%
Invesco Value Opportunities A Mutual Fund	Mutual Funds	—	—	$1.5M	3.3%
JPMorgan Investor Balanced Mutual Fund	Other securities	—	—	$1.5M	3.2%
American Funds Fundamental Investors R4 Mutual Fund	Mutual Funds	—	—	$1.4M	3.1%
Putnam Equity Income A Mutual Fund	Mutual Funds	—	—	$1.4M	3.1%
American Funds Washington Mutual R4 Mutual Fund	Mutual Funds	—	—	$1.3M	2.7%
Hartford Midcap R4 Mutual Fund	Other securities	—	—	$1.1M	2.4%
American Funds Target Date Retirement 2055 R4 Mutual Fund	Mutual Funds	—	—	$990K	2.1%
American Funds Capital Income Builder R4 Mutual Fund	Mutual Funds	—	—	$795K	1.7%
Davis New York Venture Fund A Mutual Fund	Other securities	—	—	$765K	1.6%
American Funds Target Date Retirement 2040 R4 Mutual Fund	Mutual Funds	—	—	$729K	1.6%
Vanguard Total International Stock Index Mutual Fund	Mutual Funds	—	—	$726K	1.6%
American Funds Target Date Retirement 2050 R4 Mutual Fund	Mutual Funds	—	—	$717K	1.5%
Interest (b) Identity of Issue (c) Description of Investment Value * CUNA Mutual Group Guaranteed Account A23 Guaranteed Investment Contract	Stable Value	—	—	$666K	1.4%
American Funds New World Fund R4 Mutual Fund	Mutual Funds	—	—	$652K	1.4%
Franklin Rising Dividends A Mutual Fund	Mutual Funds	—	—	$642K	1.4%
American Funds Europacific Growth R4 Mutual Fund	Mutual Funds	—	—	$602K	1.3%
American Funds Target Date Retirement 2025 R4 Mutual Fund	Mutual Funds	—	—	$591K	1.3%
American Funds Target Date Retirement 2030 R4 Mutual Fund	Mutual Funds	—	—	$581K	1.2%
Vanguard LifeStrategy Growth Mutual Fund	Mutual Funds	—	—	$501K	1.1%
Invesco Developing Markets A Mutual Fund	Mutual Funds	—	—	$448K	1.0%
JPMorgan Investor Conservative Growth Mutual Fund	Other securities	—	—	$434K	0.9%
Dodge & Cox Global Stock Fund Mutual Fund	Mutual Funds	—	—	$384K	0.8%
Cash and Cash Equivalents Interest Bearing Cash 160 American Funds Capital World Growth/Income R4 Mutual Fund	Mutual Funds	—	—	$384K	0.8%
Pimco Total Return A Mutual Fund	Mutual Funds	—	—	$357K	0.8%
Templeton Foreign A Mutual Fund	Mutual Funds	—	—	$287K	0.6%
Franklin Core Plus Bond Mutual Fund	Mutual Funds	—	—	$246K	0.5%
American Funds Target Date Retirement 2015 R4 Mutual Fund	Mutual Funds	—	—	$185K	0.4%
Franklin US Government Securities A Mutual Fund	Mutual Funds	—	—	$174K	0.4%
Vanguard Mid Cap Index Admiral Mutual Fund	Mutual Funds	—	—	$116K	0.2%
American Funds Target Date Retirement 2020 R4 Mutual Fund	Mutual Funds	—	—	$97K	0.2%
Vanguard Smal Cap Index Admiral Mutual Fund	Mutual Funds	—	—	$87K	0.2%
American Funds Target Date Retirement 2060 R4 Mutual Fund	Mutual Funds	—	—	$67K	0.1%
Participant Loans 5.25% ‐ 10.50%	Bonds / Notes	—	—	$55K	0.1%
Vanguard LifeStrategy Moderate Growth Mutual Fund	Mutual Funds	—	—	$38K	<0.1%
American Funds Target Date Retirement 2065 R4 Mutual Fund	Mutual Funds	—	—	$2K	<0.1%
Vanguard LifeStrategy Conservative Growth Mutual Fund	Mutual Funds	—	—	$1K	<0.1%