401(k) · DOL Form 5500 · 2023

Innovation Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
575
Participants Below avg headcount
74th
Percentile by assets National rank
$36,518
Avg per participant Low balance/head
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Official DOL plan name: Innovation Associates 401(k) · Sponsored by Innovation Associates, Inc. · New York · Manufacturing

$21M in assets, 575 participants

Innovation Associates, Inc.'s Innovation Associates 401(k) reported $21M in total assets and 575 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,909 in Manufacturing (18,722 peers)

Innovation Associates, Inc. multi-year trail

Innovation Associates, Inc.'s plans moved +97.4% in assets from 2022 to 2024; this filing shows Innovation Associates 401(k) at $21M / 575 participants.

#11,909
in Manufacturing (18,722 peers)
+51.8%
assets growth YoY

Innovation Associates 401(k)'s outsized position by total assets

Innovation Associates 401(k) vs every filed plan by assets

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

$20,997,794 Top 26% higher than 74% 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

Innovation Associates 401(k) 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. Innovation Associates 401(k) sits mid-pack in the medium band (575 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Innovation Associates 401(k) reported net income rose from $668K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Innovation Associates 401(k) end-of-year assets rose from $14M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Innovation Associates 401(k) reported participants rose from 536 in the plan year 2022 filing to 575 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 161240697 · Innovation Associates, Inc. PY 2023 · 401(k)

Innovation Associates 401(k) · $21M · 575 · 74th

  • PCT $21M
  • EIN 575
  • RANK 74th
  • PHOTO 401(k)
  • IND near Alinabal Retirement 401(k) Savings Plan
  • EOY ind #11909

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 →

Innovation Associates 401(k) in the asset neighbourhood

Innovation Associates 401(k)$21MAlinabal Retirement 401(k) Savings PlanAlinabal Retirement 401(k) S…$21MFirstkey Homes 401(k) Plan$21MRich Land Bancorp, Inc. ESOP with 401(k) ProvisionsRich Land Bancorp, Inc. ESOP…$21MOmega Acquisition Corp Retirement PlanOmega Acquisition Corp Retir…$21M
End-of-year total assets ($M) among Innovation Associates 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Innovation Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Innovation Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 97.43924330120767% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $13.8M $27.3M ▲ +97.4%
Year Plans Participants Total Assets
2022 1 536 $14M
2023 1 575 $21M
2024 1 602 $27M

Innovation Associates, Inc. filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$21M
Net Income$7M
Employer EIN161240697
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

Innovation Associates 401(k) vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Innovation Associates 401(k), Total assets ($B): 0.020997794 · Participants: 575Innovation Associates 401(k)IBM 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
Innovation Associates 401(k) vs. nearby 401(k) plans in New York, assets vs. participants
Compare Innovation Associates 401(k) side-by-side with 3 peers →

Innovation Associates 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Alinabal Retirement 401(k) Savings Plan in CT ($21M); by covered participants it is Air Canada U.S. Tax Incentive Savings Plan in (575 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (575 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 Innovation Associates 401(k) assets move in 2023? ▼
Innovation Associates 401(k) surged - up 51.8% during 2023, from $14M to $21M. Reported net income was $7M.
How have Innovation Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovation Associates, Inc.'s sponsor-wide assets grew 97.4%, from $14M to $27M.
Which 401(k) plans are similar in size to Innovation Associates 401(k)? ▼
Among 401(k) plans in other states, the closest by assets is Alinabal Retirement 401(k) Savings Plan in CT ($21M, 171 participants).
Which 401(k) plans cover a similar participant headcount to Innovation Associates 401(k)? ▼
Among 401(k) plans in other states, the closest by covered participants is Air Canada U.S. Tax Incentive Savings Plan in (575 participants, $47M 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 161240697.

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.