Defined Benefit (Pension) · DOL Form 5500 · 2023

Innovative Water Care LLC Pension Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
11
Participants Small participant base
65th
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Clearon Corporation Employees' Pension Plan · Sponsored by Innovative Water Care LLC · West Virginia · Manufacturing

$14M in assets, 11 participants

Innovative Water Care LLC's Clearon Corporation Employees' Pension Plan reported $14M in total assets and 11 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #9,904 in Manufacturing (18,722 peers)

2023 asset change

Clearon Corporation Employees' Pension Plan declined sharply 22.0% in 2023 ($17M → $14M) for 11 participants.

#9,904
in Manufacturing (18,722 peers)
-22.0%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Clearon Corporation Employees' Pension Plan's mid-pack asset rank among Manufacturing and all filers

Clearon Corporation Employees' Pension Plan vs every filed plan by assets

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

$13,515,112 Top 35% higher than 65% 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

Clearon Corporation Employees' Pension 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. Clearon Corporation Employees' Pension Plan is a small filing (11 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 831712074 · Innovative Water Care LLC PY 2023 · Defined Benefit (Pension)

Clearon Corporation Employees' Pension Plan · $14M · 11 · 65th

  • PHOTO $14M
  • IND 11
  • EOY 65th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Vernay Laboratories Retirement Income Plan
  • PCT ind #9904

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 West Virginia →

Clearon Corporation Employees' Pension Plan in the asset neighbourhood

U.S. Silver-Idaho, Inc. Hourly-Rated Retirement PlanU.S. Silver-Idaho, Inc. Hour…$14MThe Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$14MClearon Corporation Employees' Pension PlanClearon Corporation Employee…$14MVernay Laboratories Retirement Income PlanVernay Laboratories Retireme…$14MCommunity Hospitals of Indiana Replacement PlanCommunity Hospitals of India…$13M
End-of-year total assets ($M) among Clearon Corporation Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Innovative Water Care LLC years around the 2023 move

Sponsor-wide plan assets over time

All Innovative Water Care LLC plans reported in each filing year

Latest sponsor-wide plan assets
$14M 5.793906850346486% vs 2023
2024 filing year
$13M$13.5M$14M$14.5M 20232024 $13.5M $14.3M ▲ +5.8%
Year Plans Participants Total Assets
2023 1 11 $14M
2024 1 11 $14M

2023 asset-move particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$4M
Employer EIN831712074
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in West Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Clearon Corporation Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -2000200400600 Total assets ($M) Participants Clearon Corporation Employees' Pension Plan, Total assets ($M): 13.515112 · Participants: 11Clearon Corporation Employees' Pension PlanWest Virginia Laborers Pension Trust Fund, Total assets ($M): 555.630528 · Participants: 1965West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 548.257437 · Participants: 1559I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 447.078317 · Participants: 234United Mine Workers of America 1985 Construction Workers Pension PlanEmployer - Teamsters Local Nos 175 & 505 Pension Trust Fund, Total assets ($M): 419.92467 · Participants: 1453Employer - Teamsters Local Nos 175 & 505 Pension Trust FundMaryland Electrical Industry Pension Plan, Total assets ($M): 267.765025 · Participants: 1667Maryland Electrical Industry Pension Plan
Clearon Corporation Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants

Clearon Corporation Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Vernay Laboratories Retirement Income Plan in GA ($14M); by covered participants it is Boca General and Family Medicine Defined Benefit Plan in FL (11 participants). Same-state nearby plans are listed separately above.

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 Clearon Corporation Employees' Pension Plan assets move in 2023?
Clearon Corporation Employees' Pension Plan declined sharply - down 22.0% during 2023, from $17M to $14M. Reported net income was -$4M.
How have Innovative Water Care LLC plan assets changed over time?
Across 2 plan years on file (2023-2024), Innovative Water Care LLC's sponsor-wide assets grew 5.8%, from $14M to $14M.
Which Defined Benefit (Pension) plans are similar in size to Clearon Corporation Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Vernay Laboratories Retirement Income Plan in GA ($14M, 2 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Clearon Corporation Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Boca General and Family Medicine Defined Benefit Plan in FL (11 participants, $3M in assets).