Innovative Software Solutions, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $29.8 million was transferred out of the plan. Assets moved to the BRIDGEWAY BENEFIT TECHNOLOGIES, LLC 401(K) RETIREMENT SAVINGS PLAN (sponsored by BRIDGEWAY BENEFIT TECHNOLOGIES, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the BRIDGEWAY BENEFIT TECHNOLOGIES, LLC 401(K) RETIREMENT SAVINGS PLAN →

Innovative Software Solutions, Inc. 401(k) Plan Facts (plan year 2022)

Plan name
INNOVATIVE SOFTWARE SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
INNOVATIVE SOFTWARE SOLUTIONS, INC.
Participants
212
Former employees with a balance
0
Employer contributions
$734,493 in plan year 2022 (32% of all contributions)
Recordkeeper
Voya Retierment Ins. And Annuity Co
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
May 1, 1994
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 14, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $2.31 million went into the plan in contributions, $734,493 of it from the employer (32%).
  • $5.41 million was paid out to participants.

How the Innovative Software Solutions, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017174$21.5 million$539,010$569,255
2018181$20.5 million$603,732$1.51 million
2019208$26.8 million$654,184$411,873
2020223$32.9 million$726,174$643,408
2021220$40.4 million$790,002$165,061
2022 (final)212$0$734,493$5.41 million

Innovative Software Solutions, Inc. 401(k) Contact Information

Phone
856-910-9190
Mailing address
3000 S. LENOLA ROAD, MAPLE SHADEL NJ 08052
Plan sponsor
INNOVATIVE SOFTWARE SOLUTIONS, INC.
Employer identification number (EIN)
23-2182079
Plan number
001

Questions about the Innovative Software Solutions, Inc. 401(k)

Is the Innovative Software Solutions, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the BRIDGEWAY BENEFIT TECHNOLOGIES, LLC 401(K) RETIREMENT SAVINGS PLAN.

Does Innovative Software Solutions, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $734,493, 32% of all contributions.

Does the Innovative Software Solutions, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Innovative Software Solutions, Inc 401(k) plan?

212 participants at the start of plan year 2022.

Who manages the Innovative Software Solutions, Inc 401(k) accounts?

Voya Financial (listed on the filing as VOYA RETIERMENT INS. AND ANNUITY CO) is the plan's recordkeeper, which is where participants log in to see their balance.

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