Back to filter
Original filing (PDF)20251014133822NAL0001472195001
INNOVATIVE DATA PROCESSING SOLUTIONS, LLC.
Form 5500
FILING_RECEIVED
INNOVATIVE DATA PROCESSING SOLUTIONS, LLC. 401(K) PLAN AND TRUST
401(k) retirement plan
Active participants
98
Accounts w/ balance
158
Plan assets (EOY)
$12.2M
Net assets (EOY)
$12.2M
How this plan invests
This plan
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 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
65
Vendor stack
100
Participation health
100
Knocking points off
- 45 bps in Schedule C fees — 56% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for INNOVATIVE DATA PROCESSING SOLUTIONS, LLC..
Plan sponsor
Name
INNOVATIVE DATA PROCESSING SOLUTIONS, LLC.
EIN
87-4703972
Address
4545 E RIVER ROAD · SUITE 100 · W. HENRIETTA, NY · 14586
Phone
(585) 292-5070
Industry
Data Processing, Hosting· Information / Tech / Mediasee 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
2025-10-14
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2A · Age/service weighted or new comparability
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
MENGEL/METZGER/BARR & CO
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $28K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BOYD CAPITAL MANAGEMENT LLC | 85-3370634 | — | ADVISOR | $27K | — |
Investments
26 direct securities· $12.2M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| FID 500 INDEX Mutual Fund | — | — | — | $1.8M | 15.0% | |
| AB LG CAP GRTH Z Mutual Fund | — | — | — | $1.6M | 12.9% | |
| AF TRGT DATE 2055 R6 Mutual Fund | — | — | — | $1.5M | 12.1% | |
| AF TRGT DATE 2050 R6 Mutual Fund | — | — | — | $958K | 7.8% | |
| VANG SMCPVL IDX ADM Mutual Fund | — | — | — | $852K | 7.0% | |
| AS SPL MID CP VAL R6 Mutual Fund | — | — | — | $834K | 6.8% | |
| INVS GLOBAL OPP R6 Mutual Fund | — | — | — | $740K | 6.0% | |
| AF TRGT DATE 2045 R6 Mutual Fund | — | — | — | $693K | 5.7% | |
| AF TRGT DATE 2035 R6 Mutual Fund | — | — | — | $598K | 4.9% | |
| AF TRGT DATE 2060 R6 Mutual Fund | — | — | — | $482K | 3.9% | |
| AF TRGT DATE 2040 R6 Mutual Fund | — | — | — | $382K | 3.1% | |
| LINCOLN FIXED ACCT Insurance General Account | — | — | — | $354K | 2.9% | |
| J H ENTERPRISE N Mutual Fund | — | — | — | $284K | 2.3% | |
| JHANCOCK BOND R6 Mutual Fund | — | — | — | $250K | 2.0% | |
| J H TRITON N Mutual Fund | — | — | — | $211K | 1.7% | |
| AF TRGT DATE 2030 R6 Mutual Fund | — | — | — | $200K | 1.6% | |
| AF TRGT DATE 2020 R6 Mutual Fund | — | — | — | $116K | 1.0% | |
| C&S REAL ESTATE Z Mutual Fund | — | — | — | $108K | 0.9% | |
| DFA EMRG MKT SMCAP I Mutual Fund | — | — | — | $82K | 0.7% | |
| LD ABT SH DTN INC R6 Mutual Fund | — | — | — | $62K | 0.5% | |
| AF TRGT DATE 2025 R6 Mutual Fund | — | — | — | $39K | 0.3% | |
| FID GOVT MMKT Interest Bearing Cash | — | — | — | $37K | 0.3% | |
| OUTSTANDING LOAN BALANCE Participant Loans*** | — | — | — | $26K | 0.2% | |
| DFA INF PRT SEC PORT Mutual Fund | — | — | — | $15K | 0.1% | |
| LD ABT HIGH YIELD R6 Mutual Fund | — | — | — | $8K | <0.1% | |
| AF TRGT DATE 2015 R6 Mutual Fund | — | — | — | $2K | <0.1% |