401(k) · DOL Form 5500 · 2022

Innovative Refrigeration Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
201
Participants Below avg headcount
80th
Percentile by assets National rank
$124,794
Avg per participant Near avg balance/head
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Official DOL plan name: Innovative Refrigeration Systems, Inc. 401(k) Plan · Sponsored by Innovative Refrigeration Systems, Inc. · Virginia · Construction

$25M in assets, 201 participants

Innovative Refrigeration Systems, Inc.'s Innovative Refrigeration Systems, Inc. 401(k) Plan reported $25M in total assets and 201 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,911 in Construction (9,927 peers)

Coverage in Virginia

Innovative Refrigeration Systems, Inc. 401(k) Plan covers 201 participants in Virginia, about 26% of the average Virginia filer (state average ~782 per filing). Assets: $25M.

#7,911
in Construction (9,927 peers)
-8.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Innovative Refrigeration Systems, Inc. 401(k) Plan's outsized position by total assets

Innovative Refrigeration Systems, Inc. 401(k) Plan vs every filed plan by assets

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

$25,083,686 Top 20% higher than 80% 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 Refrigeration Systems, Inc. 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 Refrigeration Systems, Inc. 401(k) Plan sits mid-pack in the medium band (201 participants).

Form 5500 schedule snapshot

Filing strip 232725173 · Innovative Refrigeration Systems, Inc. PY 2022 · 401(k)

Innovative Refrigeration Systems, Inc. 401(k) Plan · $25M · 201 · 80th

  • ASSETS $25M
  • PCT 201
  • EIN 80th
  • RANK 401(k)
  • PHOTO near Kuriyama of America Employees Retirement Plan
  • IND ind #7911

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 Construction retirement plans → · Plans in Virginia →

Innovative Refrigeration Systems, Inc. 401(k) Plan in the asset neighbourhood

Gonzaba Medical Group 401(k) PlanGonzaba Medical Group 401(k)…$25MInnovative Refrigeration Systems, Inc. 401(k) PlanInnovative Refrigeration Sys…$25MKuriyama of America Employees Retirement PlanKuriyama of America Employee…$25MHusch Blackwell LLP Associate 401(k) PlanHusch Blackwell LLP Associat…$25MHa International, LLC Retirement Savings PlanHa International, LLC Retire…$25M
End-of-year total assets ($M) among Innovative Refrigeration Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$25M
Net Income-$2M
Employer EIN232725173
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovative Refrigeration Systems, Inc.)

Sponsor-wide plan assets over time

All Innovative Refrigeration Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$37M 47.91714024804807% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $25.1M $37.1M ▲ +47.9%
Year Plans Participants Total Assets
2022 1 201 $25M
2023 1 235 $31M
2024 1 283 $37M

Nearby 401(k) Plans in Virginia

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

Innovative Refrigeration Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Innovative Refrigeration Systems, Inc. 401(k) Plan, Total assets ($B): 0.025083686 · Participants: 201Innovative Refrigeration Systems, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Innovative Refrigeration Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is Kuriyama of America Employees Retirement Plan in IL ($25M); by covered participants it is Gill Studios, Inc. Hourly Paid Employees' Profit Sharing and 401(k) Plan and Trust in KS (201 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (201 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 Refrigeration Systems, Inc. 401(k) Plan assets move in 2022?
Innovative Refrigeration Systems, Inc. 401(k) Plan pulled back noticeably - down 8.0% during 2022, from $27M to $25M. Reported net income was -$2M.
How have Innovative Refrigeration Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Innovative Refrigeration Systems, Inc.'s sponsor-wide assets grew 47.9%, from $25M to $37M.
Where does Innovative Refrigeration Systems, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Innovative Refrigeration Systems, Inc. 401(k) Plan ranks in the 80th 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 Refrigeration Systems, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Kuriyama of America Employees Retirement Plan in IL ($25M, 337 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Refrigeration Systems, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Gill Studios, Inc. Hourly Paid Employees' Profit Sharing and 401(k) Plan and Trust in KS (201 participants, N/A in assets).