401(k) · DOL Form 5500 · 2022

Innovative Machine Corporation 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
20
Participants Small participant base
39th
Percentile by assets National rank
$142,074
Avg per participant Near avg balance/head
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Official DOL plan name: Innovative Machine Corporation 401(k) Plan · Sponsored by Innovative Machine Corporation · Alabama · Manufacturing

$3M in assets, 20 participants

Innovative Machine Corporation's Innovative Machine Corporation 401(k) Plan reported $3M in total assets and 20 participants in its 2022 DOL Form 5500 filing, ranking in the 39th 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.

  • #4,707 in Manufacturing (20,602 peers)

Innovative Machine Corporation multi-year trail

Innovative Machine Corporation's plans moved +26.3% in assets from 2022 to 2024; this filing shows Innovative Machine Corporation 401(k) Plan at $3M / 20 participants.

#4,707
in Manufacturing (20,602 peers)
-16.6%
assets change YoY

The plan reported a net loss of $566K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Innovative Machine Corporation 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Innovative Machine Corporation 401(k) Plan vs every filed plan by assets

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

$2,841,488 39th percentile higher than 39% 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 Machine Corporation 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 Machine Corporation 401(k) Plan is a small filing (20 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 631195878 · Innovative Machine Corporation PY 2022 · 401(k)

Innovative Machine Corporation 401(k) Plan · $3M · 20 · 39th

  • BOOK $3M
  • VS-ST 20
  • BOY 39th
  • SCH 401(k)
  • EBSA near Ralph Thayer Chev 401(k) Plan
  • PART ind #4707

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 Manufacturing retirement plans → · Plans in Alabama →

Innovative Machine Corporation 401(k) Plan in the asset neighbourhood

Innovative Machine Corporation 401(k) PlanInnovative Machine Corporati…$3MRalph Thayer Chev 401(k) Plan$3MCommunity Action Marin 403(b) PlanCommunity Action Marin 403(b…$3MThermo Bond Buildings LLC 401(k) PlanThermo Bond Buildings LLC 40…$3MDentoni Welding Works, Inc. Employee Savings TrustDentoni Welding Works, Inc. …$3M
End-of-year total assets ($M) among Innovative Machine Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Innovative Machine Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Innovative Machine Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4M 26.264372751178257% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.84M $3.59M ▲ +26.4%
Year Plans Participants Total Assets
2022 1 20 $3M
2023 1 17 $4M
2024 1 18 $4M

Innovative Machine Corporation filing trail (2022)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$566K
Employer EIN631195878
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

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

Innovative Machine Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Innovative Machine Corporation 401(k) Plan, Total assets ($B): 0.002841488 · Participants: 20Innovative Machine Corporation 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Innovative Machine Corporation 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Innovative Machine Corporation 401(k) Plan side-by-side with 3 peers →

Innovative Machine Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Ralph Thayer Chev 401(k) Plan in OH ($3M); by covered participants it is Hale & Company, Cpa, P.C. Employee Retirement Plan in OK (20 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (20 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 Machine Corporation 401(k) Plan assets move in 2022? ▼
Innovative Machine Corporation 401(k) Plan declined sharply - down 16.6% during 2022, from $3M to $3M. Reported net income was -$566K.
How have Innovative Machine Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovative Machine Corporation's sponsor-wide assets grew 26.3%, from $3M to $4M.
Which 401(k) plans are similar in size to Innovative Machine Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ralph Thayer Chev 401(k) Plan in OH ($3M, 114 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Machine Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hale & Company, Cpa, P.C. Employee Retirement Plan in OK (20 participants, $2M 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 631195878.

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.