401(k) · DOL Form 5500 · 2023

Innovative Mechanical, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
17
Participants Small participant base
42nd
Percentile by assets National rank
$265,884
Avg per participant High balance/head
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Official DOL plan name: Innovative Mechanical, Inc. 401(k) Profit Sharing Plan · Sponsored by Innovative Mechanical, Inc. · California · Construction

$5M in assets, 17 participants

Innovative Mechanical, Inc.'s Innovative Mechanical, Inc. 401(k) Profit Sharing Plan reported $5M in total assets and 17 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #3,622 in Construction (9,030 peers)

Innovative Mechanical, Inc. multi-year trail

Innovative Mechanical, Inc.'s plans moved +50.2% in assets from 2022 to 2024; this filing shows Innovative Mechanical, Inc. 401(k) Profit Sharing Plan at $5M / 17 participants.

#3,622
in Construction (9,030 peers)
+25.6%
assets growth YoY

Innovative Mechanical, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Innovative Mechanical, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$4,520,025 42nd percentile higher than 42% 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 Mechanical, Inc. 401(k) Profit Sharing 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. Innovative Mechanical, Inc. 401(k) Profit Sharing Plan is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Innovative Mechanical, Inc. 401(k) Profit Sharing Plan reported net income rose from -$395K in the plan year 2022 filing to $922K in the plan year 2023 filing.
  • Innovative Mechanical, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 942945116 · Innovative Mechanical, Inc. PY 2023 · 401(k)

Innovative Mechanical, Inc. 401(k) Profit Sharing Plan · $5M · 17 · 42nd

  • SCH $5M
  • SCH 17
  • SCH 42nd
  • SCH 401(k)
  • SCH near Delta Management Assoc. 401(k) P/S Plan
  • SCH ind #3622

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 Construction retirement plans → · Plans in California →

Innovative Mechanical, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Innovative Mechanical, Inc. 401(k) Profit Sharing PlanInnovative Mechanical, Inc. …$5MDelta Management Assoc. 401(k) P/S PlanDelta Management Assoc. 401(…$5MTherma-Stor Union 401(k) Plan$5MDermatology Medical Partners LLC 401(k) Profit Sharing Plan & TrustDermatology Medical Partners…$5MClub 59, Inc. 401(k) Profit Sharing Plan & TrustClub 59, Inc. 401(k) Profit …$5M
End-of-year total assets ($M) among Innovative Mechanical, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Innovative Mechanical, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Innovative Mechanical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 50.17428343119202% vs 2022
2024 filing year
$3M$4M$5M$6M 202220232024 $3.6M $5.4M ▲ +50.0%
Year Plans Participants Total Assets
2022 1 17 $4M
2023 1 17 $5M
2024 1 19 $5M

Innovative Mechanical, Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$922K
Employer EIN942945116
Plan Effective Date1995-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Innovative Mechanical, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Innovative Mechanical, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.004520025 · Participants: 17Innovative Mechanical, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Innovative Mechanical, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Innovative Mechanical, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Innovative Mechanical, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Delta Management Assoc. 401(k) P/S Plan in MA ($5M); by covered participants it is Cjp Encore, Inc. 401(k) Profit Sharing Plan in TX (17 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17 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 Mechanical, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Innovative Mechanical, Inc. 401(k) Profit Sharing Plan grew sharply - up 25.6% during 2023, from $4M to $5M. Reported net income was $922K.
How have Innovative Mechanical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovative Mechanical, Inc.'s sponsor-wide assets grew 50.2%, from $4M to $5M.
Which 401(k) plans are similar in size to Innovative Mechanical, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Delta Management Assoc. 401(k) P/S Plan in MA ($5M, 25 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Mechanical, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cjp Encore, Inc. 401(k) Profit Sharing Plan in TX (17 participants, $48K 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 942945116.

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.