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Original filing (PDF)20250707122325NAL0001598979001
INNOVATIVE PROFESSIONAL SOLUTIONS, INC.
Form 5500
FILING_RECEIVED
INNOVATIVE PROFESSIONAL SOLUTIONS, INC. 401(K)
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
108
Accounts w/ balance
107
Plan assets (EOY)
$5.2M
Net assets (EOY)
$5.2M
How this plan invests
This plan
42 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
98
/ 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
100
Total plan cost
100
Vendor stack
80
Participation health
100
Knocking points off
- No recordkeeper disclosed on Schedule C.
Helping the score
- Below-peer total fees (29 bps vs 52 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for INNOVATIVE PROFESSIONAL SOLUTIONS, INC..
Plan sponsor
Name
INNOVATIVE PROFESSIONAL SOLUTIONS, INC.
EIN
59-3759714
Address
8317 FRONT BEACH ROAD · SUITE 17C · PANAMA CITY BEACH, FL · 32407
Phone
(850) 249-1536
Industry
Engineering Services· 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
2025-07-07
Pension benefit codes
2E · Profit-sharing
3D · Pre-approved plan (master / prototype / VS)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2F · ERISA section 404(c)
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
PRICE-KUBECKA, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| KOVACK ADVISORS INC | 20-0981614 | — | NONE | $12K | — |
| THE VANGUARD GROUP, INC. | 23-1945930 | — | NONE | $3K | — |
Investments
38 direct securities· $5.2M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Target Retirement 2025 Fund Vanguard 0 | — | — | — | $1.2M | 22.5% | |
| Vanguard 500 Index Adm Vanguard 0 | — | — | — | $850K | 16.4% | |
| Vanguard Target Retirement 2030 Fund Mutual Fund | — | — | — | $409K | 7.9% | |
| Vanguard Target Retirement 2050 Fund Mutual Fund | — | — | — | $265K | 5.1% | |
| Vanguard Total Stock Market Index Adm Mutual Fund | — | — | — | $243K | 4.7% | |
| Vanguard Target Retirement 2055 Fund Mutual Fund | — | — | — | $227K | 4.4% | |
| Vanguard Target Retirement 2020 Fund Mutual Fund | — | — | — | $219K | 4.2% | |
| Fidelity Advisor Technology I Mutual Fund | — | — | — | $207K | 4.0% | |
| Vanguard Federal Money Market Inv Mutual Fund | — | — | — | $184K | 3.6% | |
| Vanguard Target Retirement 2045 Fund Mutual Fund | — | — | — | $153K | 3.0% | |
| Vanguard Small-Cap Value Index Adm Mutual Fund | — | — | — | $126K | 2.4% | |
| Vanguard Mid-Cap Value Index Adm Mutual Fund | — | — | — | $120K | 2.3% | |
| Vanguard Growth Index Adm Mutual Fund | — | — | — | $119K | 2.3% | |
| Vanguard Target Retirement 2060 Fund Mutual Fund | — | — | — | $113K | 2.2% | |
| Vanguard Balanced Index Adm Mutual Fund | — | — | — | $92K | 1.8% | |
| Vanguard Target Retirement Income Fund Mutual Fund | — | — | — | $77K | 1.5% | |
| Vanguard Target Retirement 2040 Fund Mutual Fund | — | — | — | $76K | 1.5% | |
| Vanguard Interm-Term Treasury Adm Mutual Fund | — | — | — | $71K | 1.4% | |
| Vanguard Energy Adm Mutual Fund | — | — | — | $59K | 1.1% | |
| Vanguard Target Retirement 2065 Fund Mutual Fund | — | — | — | $58K | 1.1% | |
| Vanguard Target Retirement 2035 Fund Mutual Fund | — | — | — | $40K | 0.8% | |
| Vanguard Total Bond Market Index Adm Mutual Fund | — | — | — | $38K | 0.7% | |
| Vanguard Emerging Mkts Stock Idx Adm Mutual Fund | — | — | — | $33K | 0.6% | |
| Vanguard Value Index Adm Mutual Fund | — | — | — | $29K | 0.6% | |
| Vanguard Total Intl Stock Index Adm Mutual Fund | — | — | — | $29K | 0.6% | |
| Vanguard Health Care Adm Mutual Fund | — | — | — | $27K | 0.5% | |
| PGIM Total Return Bond R6 Mutual Fund | — | — | — | $25K | 0.5% | |
| Vanguard Mid-Cap Growth Index Adm Mutual Fund | — | — | — | $24K | 0.5% | |
| Vanguard Small-Cap Growth Index Adm Mutual Fund | — | — | — | $21K | 0.4% | |
| Vanguard S-T Infl-Prot Sec Idx Adm Mutual Fund | — | — | — | $17K | 0.3% | |
| Vanguard Real Estate Index Adm Mutual Fund | — | — | — | $10K | 0.2% | |
| Various Rates and Maturities Participant's Loan Account 0 | — | — | — | $9K | 0.2% | |
| Notes receivable from participants Bearing interest at 5.50%-8.50% - | — | — | — | $9K | 0.2% | |
| Vanguard Mid Cap Index Adm Mutual Fund | — | — | — | $8K | 0.2% | |
| Vanguard Small-Cap Index Adm Mutual Fund | — | — | — | $7K | 0.1% | |
| (1) X This form is filed for a CCT, PSA, or MTIA. | — | — | — | $3K | <0.1% | |
| (1) X DOL Regulation 2520.103-8 (2) X DOL Regulation 2520.103-12(d) (3) X neither DOL Regulation 2520.103-8 nor DOL Regulation 2520.103-12(d). | — | — | $3K | $3K | <0.1% | |
| Yes No Amount a | — | — | — | $3K | <0.1% |