Profit Sharing · DOL Form 5500 · 2023

Innovaflex Corporation Profit Sharing Plan

Data updated 2026-08-25

$840K
Total assets Small plan by assets
2
Participants Small participant base
22nd
Percentile by assets National rank
$419,760
Avg per participant High balance/head
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Official DOL plan name: Innovaflex Corporation Retirement Plan · Sponsored by Innovaflex Corporation · Virginia · Arts, Entertainment & Recreation

$840K in assets, 2 participants

Innovaflex Corporation's Innovaflex Corporation Retirement Plan reported $840K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • #1,395 in Arts, Entertainment & Recreation (2,945 peers)

Arts, Entertainment & Recreation sector rank

Within Arts, Entertainment & Recreation, Innovaflex Corporation Retirement Plan ranks #1,395 of 2,945 2023 filers by assets (3308% of the sector average)-$840K for 2 participants.

#1,395
in Arts, Entertainment & Recreation (2,945 peers)
-1.1%
assets change YoY

The plan reported a net loss of $9K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Innovaflex Corporation Retirement Plan among the smaller filed plans by assets

Innovaflex Corporation Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$839,520 22nd percentile higher than 22% of 127,068 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 2023

Innovaflex Corporation Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Innovaflex Corporation Retirement Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Innovaflex Corporation Retirement Plan reported net income fell from $849K in the plan year 2022 filing to -$9K in the plan year 2023 filing.
  • Innovaflex Corporation Retirement Plan end-of-year assets fell from $849K in the plan year 2022 filing to $840K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 880946274 · Innovaflex Corporation PY 2023 · Profit Sharing

Innovaflex Corporation Retirement Plan · $840K · 2 · 22nd

  • EBSA $840K
  • EBSA 2
  • EBSA 22nd
  • EBSA Profit Sharing
  • EBSA near Second Time Around Watch Company Profit Sharing Plan
  • EBSA ind #1395

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 Arts, Entertainment & Recreation retirement plans → · Plans in Virginia →

Innovaflex Corporation Retirement Plan in the asset neighbourhood

Innovaflex Corporation Retirement PlanInnovaflex Corporation Retir…$840KSecond Time Around Watch Company Profit Sharing PlanSecond Time Around Watch Com…$839KLaporte Holdings, Inc. Retirement PlanLaporte Holdings, Inc. Retir…$839KSws Associates Inc Profit Sharing Plan & TrustSws Associates Inc Profit Sh…$840KRoyale Blue Hospitality, LLC. Retirement PlanRoyale Blue Hospitality, LLC…$840K
End-of-year total assets ($M) among Innovaflex Corporation Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Arts, Entertainment & Recreation filing particulars

Total Assets (Beginning of Year)$849K
Net Assets (End of Year)$840K
Net Income-$9K
Employer EIN880946274
Plan Effective Date2022-03-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovaflex Corporation)

Sponsor-wide plan assets over time

All Innovaflex Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$295K 65.25344373708046% vs 2022
2024 filing year
$0.2M$0.4M$0.6M$0.8M$1M 202220232024 $0.85M $0.3M ▼ -64.7%
Year Plans Participants Total Assets
2022 1 2 $849K
2023 1 2 $840K
2024 1 3 $295K

Nearby Profit Sharing Plans in Virginia

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Innovaflex Corporation Retirement Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Innovaflex Corporation Retirement Plan, Total assets ($B): 0.00083952 · Participants: 2Innovaflex Corporation Retirement PlanSection 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia, Total assets ($B): 1.065508171 · Participants: 5192Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in VirginiaCarpenter Co. Profit-Sharing Plan, Total assets ($B): 0.299252968 · Participants: 2085Carpenter Co. Profit-Sharing PlanAmerican Institutes for Research Tax Deferred Annuity Plan, Total assets ($B): 0.277296224 · Participants: 1521American Institutes for Research Tax Deferred Annuity PlanAnalytic Services Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.205110846 · Participants: 584Analytic Services Inc. Defined Contribution Retirement PlanAssociated Universities Inc. Retirement Plan, Total assets ($B): 0.193232355 · Participants: 541Associated Universities Inc. Retirement Plan
Innovaflex Corporation Retirement Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants
Compare Innovaflex Corporation Retirement Plan side-by-side with 3 peers →

Innovaflex Corporation Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Virginia, the nearest Profit Sharing by assets is Second Time Around Watch Company Profit Sharing Plan in CA ($839K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Innovaflex Corporation Retirement Plan assets move in 2023? ▼
Innovaflex Corporation Retirement Plan edged down modestly - down 1.1% during 2023, from $849K to $840K. Reported net income was -$9K.
How have Innovaflex Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovaflex Corporation's sponsor-wide assets declined 65.3%, from $849K to $295K.
Where does Innovaflex Corporation Retirement Plan rank by assets among Form 5500 filers? ▼
Innovaflex Corporation Retirement Plan ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Innovaflex Corporation Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Second Time Around Watch Company Profit Sharing Plan in CA ($839K, 4 participants).
Which Profit Sharing plans cover a similar participant headcount to Innovaflex Corporation Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 880946274.

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.