401(k) · DOL Form 5500 · 2022

Innovative Process Solutions, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
12
Participants Small participant base
47th
Percentile by assets National rank
$349,773
Avg per participant High balance/head
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Official DOL plan name: Innovative Process Solutions, Inc. 401(k) Plan · Sponsored by Innovative Process Solutions, Inc. · Massachusetts · Professional & Technical Services

$4M in assets, 12 participants

Innovative Process Solutions, Inc.'s Innovative Process Solutions, Inc. 401(k) Plan reported $4M in total assets and 12 participants in its 2022 DOL Form 5500 filing, ranking in the 47th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,615 in Professional & Technical Services (21,562 peers)

Innovative Process Solutions, Inc. multi-year trail

Innovative Process Solutions, Inc.'s plans moved +73.9% in assets from 2022 to 2024; this filing shows Innovative Process Solutions, Inc. 401(k) Plan at $4M / 12 participants.

#9,615
in Professional & Technical Services (21,562 peers)
-17.9%
assets change YoY

The plan reported a net loss of $914K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Innovative Process Solutions, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Innovative Process Solutions, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,197,277 47th percentile higher than 47% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Innovative Process Solutions, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Innovative Process Solutions, Inc. 401(k) Plan is a small filing (12 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 043390305 · Innovative Process Solutions, Inc. PY 2022 · 401(k)

Innovative Process Solutions, Inc. 401(k) Plan · $4M · 12 · 47th

  • IND $4M
  • IND 12
  • IND 47th
  • IND 401(k)
  • IND near Wireless Experience Group, Inc. 401(k)/Profit Sharing Plan
  • IND ind #9615

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Massachusetts →

Innovative Process Solutions, Inc. 401(k) Plan in the asset neighbourhood

Innovative Process Solutions, Inc. 401(k) PlanInnovative Process Solutions…$4MWireless Experience Group, Inc. 401(k)/Profit Sharing PlanWireless Experience Group, I…$4MRetail Technology Group, Inc. 401(k) Profit Sharing Plan TrustRetail Technology Group, Inc…$4MSage Hospice Holdings LLC 401(k) PlanSage Hospice Holdings LLC 40…$4MHearts for Hearing Foundation 401(k)Hearts for Hearing Foundatio…$4M
End-of-year total assets ($M) among Innovative Process Solutions, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Innovative Process Solutions, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Innovative Process Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 73.9425108230884% vs 2022
2024 filing year
$3M$4M$5M$6M$7M$8M 202220232024 $4.2M $7.3M ▲ +73.8%
Year Plans Participants Total Assets
2022 1 12 $4M
2023 1 14 $6M
2024 1 13 $7M

Innovative Process Solutions, Inc. filing trail (2022)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$914K
Employer EIN043390305
Plan Effective Date2001-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Innovative Process Solutions, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Innovative Process Solutions, Inc. 401(k) Plan, Total assets ($B): 0.004197277 · Participants: 12Innovative Process Solutions, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Innovative Process Solutions, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Innovative Process Solutions, Inc. 401(k) Plan side-by-side with 3 peers →

Innovative Process Solutions, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Wireless Experience Group, Inc. 401(k)/Profit Sharing Plan in NJ ($4M); by covered participants it is Snt Food and Beverage Retirement Plan in VA (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Innovative Process Solutions, Inc. 401(k) Plan assets move in 2022? ▼
Innovative Process Solutions, Inc. 401(k) Plan declined sharply - down 17.9% during 2022, from $5M to $4M. Reported net income was -$914K.
How have Innovative Process Solutions, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovative Process Solutions, Inc.'s sponsor-wide assets grew 73.9%, from $4M to $7M.
Which 401(k) plans are similar in size to Innovative Process Solutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wireless Experience Group, Inc. 401(k)/Profit Sharing Plan in NJ ($4M, 248 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Process Solutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Snt Food and Beverage Retirement Plan in VA (12 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043390305.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.