401(k) · DOL Form 5500 · 2023

Innovative Discovery Employment Services Company, Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
747
Participants Near avg headcount
80th
Percentile by assets National rank
$42,458
Avg per participant Low balance/head
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Official DOL plan name: Innovative Driven 401(k) Plan · Sponsored by Innovative Discovery Employment Services Company, Inc. · Virginia · Professional & Technical Services

$32M in assets, 747 participants

Innovative Discovery Employment Services Company, Inc.'s Innovative Driven 401(k) Plan reported $32M in total assets and 747 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #16,373 in Professional & Technical Services (20,321 peers)

Where Innovative Driven 401(k) Plan sits by assets

Innovative Driven 401(k) Plan sits in the top quartile of all filed plans by assets, $32M for 747 participants (~$42,458/participant), up 16.3% in 2023.

#16,373
in Professional & Technical Services (20,321 peers)
+16.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$31,715,958 Top 20% higher than 80% 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 Driven 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 Driven 401(k) Plan sits mid-pack in the medium band (747 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Innovative Driven 401(k) Plan reported net income rose from -$715K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Innovative Driven 401(k) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Innovative Driven 401(k) Plan reported participants fell from 759 in the plan year 2022 filing to 747 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 821582174 · Innovative Discovery Employment Services Company, Inc. PY 2023 · 401(k)

Innovative Driven 401(k) Plan · $32M · 747 · 80th

  • PART $32M
  • PART 747
  • PART 80th
  • PART 401(k)
  • PART near Naugatuck Valley Radiological Associates, P.C. 401(k) Profit Sharing Plan
  • PART ind #16373

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 →

Innovative Driven 401(k) Plan in the asset neighbourhood

Innovative Driven 401(k) Plan$32MNaugatuck Valley Radiological Associates, P.C. 401(k) Profit Sharing PlanNaugatuck Valley Radiologica…$32MProspect Capital Management, LP Profit Sharing Plan and TrustProspect Capital Management,…$32MFeatherlite Exiss Sooner 401(k) Retirement PlanFeatherlite Exiss Sooner 401…$32MIewc Corp. 401(k) Plan$32M
End-of-year total assets ($M) among Innovative Driven 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$32M
Net Income$4M
Employer EIN821582174
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovative Discovery Employment Services Company, Inc.)

Sponsor-wide plan assets over time

All Innovative Discovery Employment Services Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$36M 30.323755597199657% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.3M $35.5M ▲ +30.3%
Year Plans Participants Total Assets
2022 1 759 $27M
2023 1 747 $32M
2024 1 918 $36M

Nearby 401(k) Plans in Virginia

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

Innovative Driven 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Innovative Driven 401(k) Plan, Total assets ($B): 0.031715958 · Participants: 747Innovative Driven 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Innovative Driven 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is Naugatuck Valley Radiological Associates, P.C. 401(k) Profit Sharing Plan in CT ($32M); by covered participants it is Ses Americom Retirement and Savings Plan in NJ (747 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (747 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 Driven 401(k) Plan assets move in 2023?
Innovative Driven 401(k) Plan grew sharply - up 16.3% during 2023, from $27M to $32M. Reported net income was $4M.
How have Innovative Discovery Employment Services Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Innovative Discovery Employment Services Company, Inc.'s sponsor-wide assets grew 30.3%, from $27M to $36M.
Where does Innovative Driven 401(k) Plan rank by assets among Form 5500 filers?
Innovative Driven 401(k) Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Innovative Driven 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Naugatuck Valley Radiological Associates, P.C. 401(k) Profit Sharing Plan in CT ($32M, 94 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Driven 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ses Americom Retirement and Savings Plan in NJ (747 participants, $246M in assets).