401(k) · DOL Form 5500 · 2023
Init Innovations in Transportation, Inc. 401(k) Plan
Data updated 2026-08-25
- $13M
- Total assets Small plan by assets
- 124
- Participants Small participant base
- 64th
- Percentile by assets National rank
- $105,989
- Avg per participant Below avg balance/head
Official DOL plan name: Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan · Sponsored by Init Innovations in Transportation, Inc. · Virginia · Professional & Technical Services
$13M in assets, 124 participants
Init Innovations in Transportation, Inc.'s Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan reported $13M in total assets and 124 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.
- #12,949 in Professional & Technical Services (20,321 peers)
Coverage in Virginia
Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan covers 124 participants in Virginia, about 16% of the average Virginia filer (state average ~782 per filing). Assets: $13M.
- #12,949
- in Professional & Technical Services (20,321 peers)
- +32.1%
- assets growth YoY
Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers
Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$13,142,623 Top 36% higher than 64% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (124 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan reported participants rose from 120 in the plan year 2022 filing to 124 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 541930353 · Init Innovations in Transportation, Inc. PY 2023 · 401(k)
Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan · $13M · 124 · 64th
- EOY $13M
- 5500 124
- ASSETS 64th
- PCT 401(k)
- EIN near Parallel Environmental Services Corporation 401(k) Savings Plan
- RANK ind #12949
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 Virginia →
Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | $3M |
| Employer EIN | 541930353 |
| Plan Effective Date | 2002-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Init Innovations in Transportation, Inc.)
Sponsor-wide plan assets over time
All Init Innovations in Transportation, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $16M 64.08741071630459% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 120 | $10M |
| 2023 | 1 | 124 | $13M |
| 2024 | 1 | 130 | $16M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681
Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Parallel Environmental Services Corporation 401(k) Savings Plan in KY ($13M); by covered participants it is F.L. Chamberlain School Retirement Plan in MA (124 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($13M here).
Similar participant headcount
Nearest other-state filings by covered participants (124 participants); asset peers above are excluded.
- F.L. Chamberlain School Retirement Plan (MA) 124 · 0 off
- Zymeworks Biopharmaceuticals 401(k) Plan () 124 · 0 off
- The Childrens Home of Pittsburgh 401(k) Plan (PA) 124 · 0 off
- Jazzercise, Inc. 401(k) Profit Sharing Plan (CA) 124 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.