401(k) · DOL Form 5500 · 2023

Innovative Boiler Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
8
Participants Small participant base
30th
Percentile by assets National rank
$237,781
Avg per participant Above avg balance/head
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Official DOL plan name: Innovative Boiler Systems, Inc. 401(k) Plan · Sponsored by Innovative Boiler Systems, Inc. · Illinois · Manufacturing

$2M in assets, 8 participants

Innovative Boiler Systems, Inc.'s Innovative Boiler Systems, Inc. 401(k) Plan reported $2M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #2,719 in Manufacturing (18,722 peers)

Innovative Boiler Systems, Inc. multi-year trail

Innovative Boiler Systems, Inc.'s plans moved -23.7% in assets from 2022 to 2023; this filing shows Innovative Boiler Systems, Inc. 401(k) Plan at $2M / 8 participants.

#2,719
in Manufacturing (18,722 peers)
+31.4%
assets growth YoY

Innovative Boiler Systems, Inc. 401(k) Plan among the smaller filed plans by assets

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

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

$1,902,248 30th percentile higher than 30% 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

Innovative Boiler Systems, Inc. 401(k) 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. Innovative Boiler Systems, Inc. 401(k) Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Innovative Boiler Systems, Inc. 401(k) Plan reported net income rose from -$106K in the plan year 2022 filing to $454K in the plan year 2023 filing.
  • Innovative Boiler Systems, Inc. 401(k) Plan end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Innovative Boiler Systems, Inc. 401(k) Plan reported participants fell from 9 in the plan year 2022 filing to 8 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 263868332 · Innovative Boiler Systems, Inc. PY 2023 · 401(k)

Innovative Boiler Systems, Inc. 401(k) Plan · $2M · 8 · 30th

  • ASSETS $2M
  • ASSETS 8
  • ASSETS 30th
  • ASSETS 401(k)
  • ASSETS near Coan Oil, Inc. 401(k) and Profit Sharing Plan
  • ASSETS ind #2719

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 Illinois →

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

Innovative Boiler Systems, Inc. 401(k) PlanInnovative Boiler Systems, I…$2MCoan Oil, Inc. 401(k) and Profit Sharing PlanCoan Oil, Inc. 401(k) and Pr…$2MP.D.C. & S 401(k) Profit Sharing PlanP.D.C. & S 401(k) Profit Sha…$2MCapstone Research Corporation 401(k) PlanCapstone Research Corporatio…$2MStaffing Alternatives Inc 401(k) Profit Sharing Plan and TrustStaffing Alternatives Inc 40…$2M
End-of-year total assets ($M) among Innovative Boiler Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Innovative Boiler Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$4M 23.72156578093893% vs 2022
2023 filing year
$4M$4.5M$5M$5.5M$6M 20222023 $5.7M $4.35M ▼ -23.7%
Year Plans Participants Total Assets
2022 4 29 $6M
2023 2 16 $4M

Innovative Boiler Systems, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$454K
Employer EIN263868332
Plan Effective Date2008-12-11
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Innovative Boiler Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Innovative Boiler Systems, Inc. 401(k) Plan, Total assets ($B): 0.001902248 · Participants: 8Innovative Boiler Systems, Inc. 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Innovative Boiler Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Innovative Boiler Systems, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Coan Oil, Inc. 401(k) and Profit Sharing Plan in MA ($2M); by covered participants it is Burke Optometry, Inc. 401(k) Plan in CA (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Innovative Boiler Systems, Inc. 401(k) Plan assets move in 2023? ▼
Innovative Boiler Systems, Inc. 401(k) Plan surged - up 31.4% during 2023, from $1M to $2M. Reported net income was $454K.
How have Innovative Boiler Systems, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Innovative Boiler Systems, Inc.'s sponsor-wide assets declined 23.7%, from $6M to $4M.
Which 401(k) plans are similar in size to Innovative Boiler Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Coan Oil, Inc. 401(k) and Profit Sharing Plan in MA ($2M, 17 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Boiler Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Burke Optometry, Inc. 401(k) Plan in CA (8 participants, $263K 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 263868332.

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.