401(k) · DOL Form 5500 · 2023

Innovative Office Solutions 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
295
Participants Below avg headcount
70th
Percentile by assets National rank
$57,963
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Innovative Office Solutions 401(k) Plan · Sponsored by Innovative Office Solutions · Minnesota · Retail Trade

$17M in assets, 295 participants

Innovative Office Solutions's Innovative Office Solutions 401(k) Plan reported $17M in total assets and 295 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #6,761 in Retail Trade (8,414 peers)

Coverage in Minnesota

Innovative Office Solutions 401(k) Plan covers 295 participants in Minnesota, about 26% of the average Minnesota filer (state average ~1,126 per filing). Assets: $17M.

#6,761
in Retail Trade (8,414 peers)
+10.2%
assets growth YoY

Innovative Office Solutions 401(k) Plan's outsized position by total assets

Innovative Office Solutions 401(k) Plan vs every filed plan by assets

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

$17,099,080 Top 30% higher than 70% 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 Office Solutions 401(k) 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. Innovative Office Solutions 401(k) Plan sits mid-pack in the medium band (295 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Innovative Office Solutions 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Innovative Office Solutions 401(k) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Innovative Office Solutions 401(k) Plan reported participants fell from 313 in the plan year 2022 filing to 295 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 364550688 · Innovative Office Solutions PY 2023 · 401(k)

Innovative Office Solutions 401(k) Plan · $17M · 295 · 70th

  • BOY $17M
  • SCH 295
  • EBSA 70th
  • PART 401(k)
  • TYPE near Lockhart Trust 401(k) Plan
  • NET ind #6761

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 Retail Trade retirement plans → · Plans in Minnesota →

Innovative Office Solutions 401(k) Plan in the asset neighbourhood

Innovative Office Solutions 401(k) PlanInnovative Office Solutions …$17MLockhart Trust 401(k) Plan$17MSequoyah Electric 401(k) Plan$17MPathways, Incorporated Employees' Retirement PlanPathways, Incorporated Emplo…$17MFinley Resources Inc 401(k) PlanFinley Resources Inc 401(k) …$17M
End-of-year total assets ($M) among Innovative Office Solutions 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN364550688
Plan Effective Date2006-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovative Office Solutions)

Sponsor-wide plan assets over time

All Innovative Office Solutions plans reported in each filing year

Latest sponsor-wide plan assets
$19M 20.799139996363365% vs 2022
2024 filing year
$15M$16M$17M$18M$19M$20M 202220232024 $15.5M $18.7M ▲ +20.8%
Year Plans Participants Total Assets
2022 1 313 $16M
2023 1 295 $17M
2024 1 300 $19M

Nearby 401(k) Plans in Minnesota

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

Innovative Office Solutions 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Innovative Office Solutions 401(k) Plan, Total assets ($B): 0.01709908 · Participants: 295Innovative Office Solutions 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Innovative Office Solutions 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Innovative Office Solutions 401(k) Plan side-by-side with 3 peers →

Innovative Office Solutions 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Lockhart Trust 401(k) Plan in OH ($17M); by covered participants it is Temporary Housing, Inc. 401(k) Profit Sharing Plan in AZ (295 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (295 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 Office Solutions 401(k) Plan assets move in 2023? ▼
Innovative Office Solutions 401(k) Plan grew at a solid clip - up 10.2% during 2023, from $16M to $17M. Reported net income was $2M.
How have Innovative Office Solutions plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovative Office Solutions's sponsor-wide assets grew 20.8%, from $16M to $19M.
Which 401(k) plans are similar in size to Innovative Office Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lockhart Trust 401(k) Plan in OH ($17M, 164 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Office Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Temporary Housing, Inc. 401(k) Profit Sharing Plan in AZ (295 participants, $6M 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 364550688.

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.