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WEST VIRGINIA UNIVERSITY INNOV 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameWEST VIRGINIA UNIVERSITY INNOV 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

WEST VIRGINIA UNIVERSITY INNOV 401 K PROFIT SHARING PLAN TRUST Benefits

401k Plan TypeDefined 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).
  • Profit-sharing
  • 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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

WEST VIRGINIA UNIVERSITY INNOV has sponsored the creation of one or more 401k plans.

Company Name:WEST VIRGINIA UNIVERSITY INNOV
Employer identification number (EIN):611764272
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEST VIRGINIA UNIVERSITY INNOV 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DAVID KOSSLOW2024-06-27
0012022-01-01DAVID KOSSLOW2023-07-10
0012021-01-01ANJALI B HALABE2022-05-13
0012020-01-01ANJALI B HALABE2021-04-02
0012019-01-01ANJALI HALABE2020-06-08
0012018-01-01ANJALI HALABE2019-07-26
0012017-01-01FELICIA SMITH2018-07-20
0012016-01-01ANJALI HALABE2017-07-26
0012016-01-01FELICIA SMITH2017-07-17

Financial Data on WEST VIRGINIA UNIVERSITY INNOV 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2025 : WEST VIRGINIA UNIVERSITY INNOV 401 K PROFIT SHARING PLAN TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-04-110
Total liabilities as of the end of the plan year2025-04-110
Total liabilities as of the beginning of the plan year2025-04-110
Total expenses incurred by plan in this plan year2025-04-1150902
Net assets as of the end of the plan year2025-04-11365943
Total assets as of the beginning of the plan year2025-04-11373071
Value of plan covered by a fidelity bond2025-04-1160000
Participant contributions to plan in this plan year2025-04-110
Other expenses paid from plan in this plan year2025-04-110
Other contributions to plan in this plan year2025-04-110
Other income to plan in this plan year2025-04-1143755
Plan net income in this plan year2025-04-11-7128
Net assets as of the end of the plan year2025-04-11365943
Net assets as of the beginning of the plan year2025-04-11373071
Employer contributions to plan in this plan year2025-04-1119
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-113892
2024 : WEST VIRGINIA UNIVERSITY INNOV 401 K PROFIT SHARING PLAN TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-270
Total liabilities as of the end of the plan year2024-06-270
Total liabilities as of the beginning of the plan year2024-06-270
Total expenses incurred by plan in this plan year2024-06-27235736
Net assets as of the end of the plan year2024-06-27373071
Total assets as of the beginning of the plan year2024-06-27533154
Value of plan covered by a fidelity bond2024-06-2760000
Participant contributions to plan in this plan year2024-06-270
Other expenses paid from plan in this plan year2024-06-270
Other contributions to plan in this plan year2024-06-270
Other income to plan in this plan year2024-06-2775653
Plan net income in this plan year2024-06-27-160083
Net assets as of the end of the plan year2024-06-27373071
Net assets as of the beginning of the plan year2024-06-27533154
Employer contributions to plan in this plan year2024-06-270
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-273868

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