401(k) · DOL Form 5500 · 2023

Innovative Plastics Corporation 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
73
Participants Small participant base
28th
Percentile by assets National rank
$21,846
Avg per participant Low balance/head
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Official DOL plan name: Innovative Plastics Corporation Union 401(k) Plan · Sponsored by Innovative Plastics Corporation · New York · Manufacturing

$2M in assets, 73 participants

Innovative Plastics Corporation's Innovative Plastics Corporation Union 401(k) Plan reported $2M in total assets and 73 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #2,460 in Manufacturing (18,722 peers)

Innovative Plastics Corporation multi-year trail

Innovative Plastics Corporation's plans moved +31.2% in assets from 2022 to 2024; this filing shows Innovative Plastics Corporation Union 401(k) Plan at $2M / 73 participants.

#2,460
in Manufacturing (18,722 peers)
+17.0%
assets growth YoY

Innovative Plastics Corporation Union 401(k) Plan among the smaller filed plans by assets

Innovative Plastics Corporation Union 401(k) Plan vs every filed plan by assets

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

$1,594,781 28th percentile higher than 28% 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 Plastics Corporation Union 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Innovative Plastics Corporation Union 401(k) Plan is a small filing (73 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Innovative Plastics Corporation Union 401(k) Plan reported net income rose from -$175K in the plan year 2022 filing to $232K in the plan year 2023 filing.
  • Innovative Plastics Corporation Union 401(k) Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Innovative Plastics Corporation Union 401(k) Plan reported participants rose from 64 in the plan year 2022 filing to 73 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 133386684 · Innovative Plastics Corporation PY 2023 · 401(k)

Innovative Plastics Corporation Union 401(k) Plan · $2M · 73 · 28th

  • 5500 $2M
  • ASSETS 73
  • PCT 28th
  • EIN 401(k)
  • RANK near Apple Electric Integrated Solutions, Inc. Retirement Plan
  • PHOTO ind #2460

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 New York →

Innovative Plastics Corporation Union 401(k) Plan in the asset neighbourhood

Phylndave, Inc. 401(k) Plan$2MInnovative Plastics Corporation Union 401(k) PlanInnovative Plastics Corporat…$2MApple Electric Integrated Solutions, Inc. Retirement PlanApple Electric Integrated So…$2MLaundry Solutions Company 401(k) Profit Sharing PlanLaundry Solutions Company 40…$2MHub City P.B.E., Inc. Employee Benefit PlanHub City P.B.E., Inc. Employ…$2M
End-of-year total assets ($M) among Innovative Plastics Corporation Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Innovative Plastics Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Innovative Plastics Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$17M 31.1922183980067% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $13.3M $17.4M ▲ +31.2%
Year Plans Participants Total Assets
2022 2 153 $13M
2023 2 162 $16M
2024 2 166 $17M

Innovative Plastics Corporation filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$232K
Employer EIN133386684
Plan Effective Date2014-09-15
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Innovative Plastics Corporation Union 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Innovative Plastics Corporation Union 401(k) Plan, Total assets ($B): 0.001594781 · Participants: 73Innovative Plastics Corporation Union 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Innovative Plastics Corporation Union 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Innovative Plastics Corporation Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Apple Electric Integrated Solutions, Inc. Retirement Plan in KS ($2M); by covered participants it is A Haven for Kids, Inc. Retirement Plan in OH (73 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (73 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 Plastics Corporation Union 401(k) Plan assets move in 2023?
Innovative Plastics Corporation Union 401(k) Plan grew sharply - up 17.0% during 2023, from $1M to $2M. Reported net income was $232K.
How have Innovative Plastics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Innovative Plastics Corporation's sponsor-wide assets grew 31.2%, from $13M to $17M.
Which 401(k) plans are similar in size to Innovative Plastics Corporation Union 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Apple Electric Integrated Solutions, Inc. Retirement Plan in KS ($2M, 19 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Plastics Corporation Union 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is A Haven for Kids, Inc. Retirement Plan in OH (73 participants, N/A in assets).