401(k) · DOL Form 5500 · 2022

Innovative Systems, LLC 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
190
Participants Below avg headcount
85th
Percentile by assets National rank
$185,467
Avg per participant Above avg balance/head
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Official DOL plan name: Innovative Systems, LLC 401(k) Plan · Sponsored by Innovative Systems, LLC · South Dakota · Professional & Technical Services

$35M in assets, 190 participants

Innovative Systems, LLC's Innovative Systems, LLC 401(k) Plan reported $35M in total assets and 190 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #18,427 in Professional & Technical Services (21,562 peers)

Where Innovative Systems, LLC 401(k) Plan sits by assets

Innovative Systems, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $35M for 190 participants (~$185,467/participant), down 15.6% in 2022.

#18,427
in Professional & Technical Services (21,562 peers)
-15.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Innovative Systems, LLC 401(k) Plan's outsized position by total assets

Innovative Systems, LLC 401(k) Plan vs every filed plan by assets

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

$35,238,757 Top 15% higher than 85% 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 Systems, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Innovative Systems, LLC 401(k) Plan sits mid-pack in the medium band (190 participants).

EBSA filing schedule strip

Filing strip 411920375 · Innovative Systems, LLC PY 2022 · 401(k)

Innovative Systems, LLC 401(k) Plan · $35M · 190 · 85th

  • PART $35M
  • TYPE 190
  • NET 85th
  • BOOK 401(k)
  • VS-ST near Prestige Management Employee Plan
  • BOY ind #18427

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 South Dakota →

Innovative Systems, LLC 401(k) Plan in the asset neighbourhood

Hotstart, Inc. 401(k) and Profit Sharing PlanHotstart, Inc. 401(k) and Pr…$35MInnovative Systems, LLC 401(k) PlanInnovative Systems, LLC 401(…$35MPrestige Management Employee PlanPrestige Management Employee…$35MPctel, Inc. 401(k) Plan$35MMeridian Bank 401(k) Profit Sharing PlanMeridian Bank 401(k) Profit …$35M
End-of-year total assets ($M) among Innovative Systems, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$35M
Net Income-$7M
Employer EIN411920375
Plan Effective Date1998-10-10
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovative Systems, LLC)

Sponsor-wide plan assets over time

All Innovative Systems, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$47M 32.0003199885853% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $35.2M $46.5M ▲ +32.0%
Year Plans Participants Total Assets
2022 1 190 $35M
2023 1 194 $41M
2024 1 199 $47M

Nearby 401(k) Plans in South Dakota

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

Innovative Systems, LLC 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0200400600800 Total assets ($M) Participants Innovative Systems, LLC 401(k) Plan, Total assets ($M): 35.238757 · Participants: 190Innovative Systems, LLC 401(k) PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 615.260397 · Participants: 2873Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 212.264423 · Participants: 13988Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 189.289255 · Participants: 2033Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 183.910332 · Participants: 1883Premier 401(k) PlanPoet Biorefining 401(k) Plan, Total assets ($M): 171.826935 · Participants: 2022Poet Biorefining 401(k) Plan
Innovative Systems, LLC 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare Innovative Systems, LLC 401(k) Plan side-by-side with 3 peers →

Innovative Systems, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Prestige Management Employee Plan in KY ($35M); by covered participants it is Pubco Corporation and Subsidiaries 401(k) Plan in OH (190 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($35M here).

Similar participant headcount

Nearest other-state filings by covered participants (190 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 Systems, LLC 401(k) Plan assets move in 2022? ▼
Innovative Systems, LLC 401(k) Plan declined sharply - down 15.6% during 2022, from $42M to $35M. Reported net income was -$7M.
How have Innovative Systems, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovative Systems, LLC's sponsor-wide assets grew 32.0%, from $35M to $47M.
Where does Innovative Systems, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Innovative Systems, LLC 401(k) Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Innovative Systems, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Prestige Management Employee Plan in KY ($35M, 4,139 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Systems, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pubco Corporation and Subsidiaries 401(k) Plan in OH (190 participants, $18M 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 411920375.

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.