401k Plan data: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN plan

INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	002

INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
The employer maintaining this ESOP is an S Corporation
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

INNOVATIVE ONE GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name: INNOVATIVE ONE GROUP, INC.

Employer identification number (EIN): 861647143

NAIC Classification: 518210
NAIC Description: Data Processing, Hosting, and Related Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 JOHN GOTTWALD 2024-08-28
002 2022-01-01 JOHN GOTTWALD 2023-09-28
002 2021-01-01 JOHN GOTTWALD 2022-12-13

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-01-01	JOHN GOTTWALD	2024-08-28
002	2022-01-01	JOHN GOTTWALD	2023-09-28
002	2021-01-01	JOHN GOTTWALD	2022-12-13

Plan Statistics for INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 59
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 60
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 6
Total of all active and inactive participants 2023-01-01 66
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 66
Number of participants with account balances 2023-01-01 66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 4
2022: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 54
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 45
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 2
Total of all active and inactive participants 2022-01-01 47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 47
Number of participants with account balances 2022-01-01 47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 9
2021: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 35
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 55
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 55
Number of participants with account balances 2021-01-01 55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1

Measure	Date	Value
2023: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	59
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	60
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	6
Total of all active and inactive participants	2023-01-01	66
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	66
Number of participants with account balances	2023-01-01	66
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	4
2022: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	54
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	45
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	2
Total of all active and inactive participants	2022-01-01	47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	47
Number of participants with account balances	2022-01-01	47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	9
2021: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	35
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	55
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	55
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	55
Number of participants with account balances	2021-01-01	55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1

Financial Data on INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2023 : INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Total plan liabilities at end of year	2023-12-31	$7,610,987
Total plan liabilities at beginning of year	2023-12-31	$9,499,335
Total income from all sources	2023-12-31	$2,106,347
Expenses. Total of all expenses incurred	2023-12-31	$209,111
Total plan assets at end of year	2023-12-31	$13,393,414
Total plan assets at beginning of year	2023-12-31	$13,384,526
Value of fidelity bond covering the plan	2023-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2023-12-31	$160,197
Other income received	2023-12-31	$1,206,727
Net income (gross income less expenses)	2023-12-31	$1,897,236
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$5,782,427
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$3,885,191
Assets. Value of employer securities	2023-12-31	$13,104,000
Total contributions received or receivable from employer(s)	2023-12-31	$899,620
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$48,914
2022 : INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$9,499,335
Total plan liabilities at beginning of year	2022-12-31	$12,516,028
Total income from all sources	2022-12-31	$3,932,660
Expenses. Total of all expenses incurred	2022-12-31	$227,441
Total plan assets at end of year	2022-12-31	$13,384,526
Total plan assets at beginning of year	2022-12-31	$12,696,000
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Total contributions received or receivable from participants	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$201,947
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$2,732,660
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$3,705,219
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$3,885,191
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$179,972
Assets. Value of employer securities	2022-12-31	$13,305,600
Total contributions received or receivable from employer(s)	2022-12-31	$1,200,000
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$25,494
2021 : INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$12,516,028
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$236,000
Expenses. Total of all expenses incurred	2021-12-31	$56,028
Total plan assets at end of year	2021-12-31	$12,696,000
Total plan assets at beginning of year	2021-12-31	$0
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$56,028
Other income received	2021-12-31	$-364,000
Net income (gross income less expenses)	2021-12-31	$179,972
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$179,972
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$12,096,000
Total contributions received or receivable from employer(s)	2021-12-31	$600,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0

Form 5500 Responses for INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2023: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: INNOVATIVE ONE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	First time form 5500 has been submitted	Yes
2021-01-01	Submission has been amended	Yes
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	INNOVATIVE ONE GROUP, INC.
Employer identification number (EIN):	861647143
NAIC Classification:	518210
NAIC Description:	Data Processing, Hosting, and Related Services