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INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 401k Plan overview

Plan NameINNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN
Plan identification number 001

INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

INNOVATIVE CAPITAL ADVISORS, LLC has sponsored the creation of one or more 401k plans.

Company Name:INNOVATIVE CAPITAL ADVISORS, LLC
Employer identification number (EIN):134205519
NAIC Classification:525990
NAIC Description:Other Financial Vehicles

Additional information about INNOVATIVE CAPITAL ADVISORS, LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 4107809

More information about INNOVATIVE CAPITAL ADVISORS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01TRACY MCLEOD
0012015-01-01TRACY MCLEOD
0012014-01-01TRACY MCLEOD
0012013-01-01TRACY MCLEOD
0012012-01-01TRACY MCLEOD TRACY MCLEOD2013-10-10
0012011-01-01TRACY MCLEOD
0012009-01-01TRACY MCLEOD

Plan Statistics for INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN

401k plan membership statisitcs for INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN

Measure Date Value
2016: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-017
Total number of active participants reported on line 7a of the Form 55002016-01-018
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-018
Number of participants with account balances2016-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-017
Total number of active participants reported on line 7a of the Form 55002015-01-017
Total of all active and inactive participants2015-01-017
Total participants2015-01-017
Number of participants with account balances2015-01-013
2014: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-018
Total number of active participants reported on line 7a of the Form 55002014-01-017
Total of all active and inactive participants2014-01-017
Total participants2014-01-017
Number of participants with account balances2014-01-013
2013: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-018
Total number of active participants reported on line 7a of the Form 55002013-01-018
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-018
Number of participants with account balances2013-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-017
Total number of active participants reported on line 7a of the Form 55002012-01-018
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-018
Number of participants with account balances2012-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-017
Total number of active participants reported on line 7a of the Form 55002011-01-017
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-017
Number of participants with account balances2011-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-017
Total number of active participants reported on line 7a of the Form 55002009-01-017
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-017
Number of participants with account balances2009-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN

Measure Date Value
2016 : INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$52,131
Expenses. Total of all expenses incurred2016-12-31$4,090
Benefits paid (including direct rollovers)2016-12-31$4,000
Total plan assets at end of year2016-12-31$342,303
Total plan assets at beginning of year2016-12-31$294,262
Value of fidelity bond covering the plan2016-12-31$20,000
Total contributions received or receivable from participants2016-12-31$27,878
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$24,253
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$48,041
Net plan assets at end of year (total assets less liabilities)2016-12-31$342,303
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$294,262
Assets. Value of participant loans2016-12-31$10,174
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$90
2015 : INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$31,077
Expenses. Total of all expenses incurred2015-12-31$6,032
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$294,262
Total plan assets at beginning of year2015-12-31$269,217
Value of fidelity bond covering the plan2015-12-31$20,000
Total contributions received or receivable from participants2015-12-31$28,707
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$2,370
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$25,045
Net plan assets at end of year (total assets less liabilities)2015-12-31$294,262
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$269,217
Assets. Value of participant loans2015-12-31$12,740
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$5,867
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$165
2014 : INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$42,289
Expenses. Total of all expenses incurred2014-12-31$46
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$269,217
Total plan assets at beginning of year2014-12-31$226,974
Value of fidelity bond covering the plan2014-12-31$20,000
Total contributions received or receivable from participants2014-12-31$25,868
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$16,421
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$42,243
Net plan assets at end of year (total assets less liabilities)2014-12-31$269,217
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$226,974
Assets. Value of participant loans2014-12-31$6,000
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$-144
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$190
2013 : INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$65,311
Expenses. Total of all expenses incurred2013-12-31$225
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$226,974
Total plan assets at beginning of year2013-12-31$161,888
Value of fidelity bond covering the plan2013-12-31$20,000
Total contributions received or receivable from participants2013-12-31$29,025
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$36,286
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$65,086
Net plan assets at end of year (total assets less liabilities)2013-12-31$226,974
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$161,888
Assets. Value of participant loans2013-12-31$0
Total contributions received or receivable from employer(s)2013-12-31$0
Value of certain deemed distributions of participant loans2013-12-31$135
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$90
2012 : INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$45,819
Expenses. Total of all expenses incurred2012-12-31$90
Total plan assets at end of year2012-12-31$161,888
Total plan assets at beginning of year2012-12-31$116,159
Value of fidelity bond covering the plan2012-12-31$20,000
Total contributions received or receivable from participants2012-12-31$28,491
Other income received2012-12-31$17,328
Net income (gross income less expenses)2012-12-31$45,729
Net plan assets at end of year (total assets less liabilities)2012-12-31$161,888
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$116,159
Assets. Value of participant loans2012-12-31$131
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$90
2011 : INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$21,027
Expenses. Total of all expenses incurred2011-12-31$165
Total plan assets at end of year2011-12-31$116,159
Total plan assets at beginning of year2011-12-31$95,297
Value of fidelity bond covering the plan2011-12-31$20,000
Total contributions received or receivable from participants2011-12-31$23,607
Other income received2011-12-31$-2,580
Net income (gross income less expenses)2011-12-31$20,862
Net plan assets at end of year (total assets less liabilities)2011-12-31$116,159
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$95,297
Assets. Value of participant loans2011-12-31$2,618
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$165
2010 : INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$38,457
Expenses. Total of all expenses incurred2010-12-31$90
Total plan assets at end of year2010-12-31$95,297
Total plan assets at beginning of year2010-12-31$56,930
Value of fidelity bond covering the plan2010-12-31$20,000
Total contributions received or receivable from participants2010-12-31$26,814
Other income received2010-12-31$11,643
Net income (gross income less expenses)2010-12-31$38,367
Net plan assets at end of year (total assets less liabilities)2010-12-31$95,297
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$56,930
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$90

Form 5500 Responses for INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN

2016: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: INNOVATIVE CAPITAL ADVISORS, LLC 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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