401(k) · DOL Form 5500 · 2023

New Innovations, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
77
Participants Small participant base
48th
Percentile by assets National rank
$76,859
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: New Innovations, Inc. 401(k) Plan · Sponsored by New Innovations, Inc. · Ohio · Professional & Technical Services

$6M in assets, 77 participants

New Innovations, Inc.'s New Innovations, Inc. 401(k) Plan reported $6M in total assets and 77 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #9,295 in Professional & Technical Services (20,321 peers)

New Innovations, Inc. multi-year trail

New Innovations, Inc.'s plans moved +69.3% in assets from 2022 to 2024; this filing shows New Innovations, Inc. 401(k) Plan at $6M / 77 participants.

#9,295
in Professional & Technical Services (20,321 peers)
+41.0%
assets growth YoY

New Innovations, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

New Innovations, Inc. 401(k) Plan vs every filed plan by assets

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

$5,918,164 48th percentile higher than 48% 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

New Innovations, Inc. 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. New Innovations, Inc. 401(k) Plan is a small filing (77 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Innovations, Inc. 401(k) Plan reported net income rose from -$437K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • New Innovations, Inc. 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • New Innovations, Inc. 401(k) Plan reported participants rose from 71 in the plan year 2022 filing to 77 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 061667025 · New Innovations, Inc. PY 2023 · 401(k)

New Innovations, Inc. 401(k) Plan · $6M · 77 · 48th

  • NET $6M
  • NET 77
  • NET 48th
  • NET 401(k)
  • NET near Great Lakes Forest Products, Inc. 401(k) Plan
  • NET ind #9295

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 Professional & Technical Services retirement plans → · Plans in Ohio →

New Innovations, Inc. 401(k) Plan in the asset neighbourhood

New Innovations, Inc. 401(k) PlanNew Innovations, Inc. 401(k)…$6MGreat Lakes Forest Products, Inc. 401(k) PlanGreat Lakes Forest Products,…$6MFairmont Federal Credit Union 401(k) Plan and TrustFairmont Federal Credit Unio…$6MHint, Inc. 401(k) Plan$6MStillwater Milling Company 401(k) Retirement PlanStillwater Milling Company 4…$6M
End-of-year total assets ($M) among New Innovations, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Innovations, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All New Innovations, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 69.29420815778072% vs 2022
2024 filing year
$3M$4M$5M$6M$7M$8M 202220232024 $4.2M $7.1M ▲ +69.0%
Year Plans Participants Total Assets
2022 1 71 $4M
2023 1 77 $6M
2024 1 82 $7M

New Innovations, Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN061667025
Plan Effective Date2006-04-21
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

New Innovations, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants New Innovations, Inc. 401(k) Plan, Total assets ($B): 0.005918164 · Participants: 77New Innovations, Inc. 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
New Innovations, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

New Innovations, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Great Lakes Forest Products, Inc. 401(k) Plan in IN ($6M); by covered participants it is Sme Inc of Seattle 401(k) Plan & Trust in WA (77 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (77 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 New Innovations, Inc. 401(k) Plan assets move in 2023?
New Innovations, Inc. 401(k) Plan surged - up 41.0% during 2023, from $4M to $6M. Reported net income was $2M.
How have New Innovations, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), New Innovations, Inc.'s sponsor-wide assets grew 69.3%, from $4M to $7M.
Which 401(k) plans are similar in size to New Innovations, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Great Lakes Forest Products, Inc. 401(k) Plan in IN ($6M, 200 participants).
Which 401(k) plans cover a similar participant headcount to New Innovations, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Sme Inc of Seattle 401(k) Plan & Trust in WA (77 participants, $9M in assets).