Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

ITS, INC. PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

ITS, INC.

This Defined Benefit (Pension) plan holds $68M in total assets and serves 240 participants as of 2022. It is sponsored by ITS, INC. in Iowa. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$68M
Participants
240
State
Industry
Professional & Technical Services

What the Filing Says About ITS, INC. PENSION PLAN

ITS, INC. PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by ITS, INC., headquartered in Iowa. As of the 2022 Form 5500 filing, the plan reports $68M in total end-of-year assets and covers 240 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 421171146, and the plan has been effective since 2009-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $72M at the beginning of 2022 to $68M at year-end — a decline of 5.4%. Net assets (after liabilities) closed the year at $68M, with reported net income of $-3,837,182 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$72M
Total Assets (End of Year)$68M
Net Assets (End of Year)$68M
Net Income$-3,837,182
Plan TypeDefined Benefit (Pension)
Employer EIN421171146
Plan Effective Date2009-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (ITS, INC.)

Year Plans Participants Total Assets
2022 2 777 $145M
2023 2 812 $157M
2024 1 613 $107M

Nearby Defined Benefit (Pension) Plans in Iowa

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the ITS, INC. PENSION PLAN?
As of the 2022 Form 5500 filing, ITS, INC. PENSION PLAN holds $68M in total assets with 240 participants. It is sponsored by ITS, INC..
What type of plan is ITS, INC. PENSION PLAN?
ITS, INC. PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 2009-09-01. The plan is filed with the U.S. Department of Labor under EIN 421171146.
Who sponsors the ITS, INC. PENSION PLAN?
ITS, INC. PENSION PLAN is sponsored by ITS, INC., located in Iowa. The sponsor's EIN is 421171146 and the plan operates in the Professional & Technical Services industry.
How did ITS, INC. PENSION PLAN perform in 2022?
ITS, INC. PENSION PLAN declined by 5.4% during 2022, moving from $72M to $68M in total assets. Net income was $-3,837,182.
Where can I find official filings for ITS, INC. PENSION PLAN?
Official Form 5500 filings for ITS, INC. PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 421171146 or plan name at efast.dol.gov.
How does ITS, INC. PENSION PLAN compare to other plans?
You can compare ITS, INC. PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Iowa on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 421171146.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.