401(k) · DOL Form 5500 · 2024

Innovative Plastics Corporation 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
93
Participants Small participant base
65th
Percentile by assets National rank
$167,205
Avg per participant Above avg balance/head
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Official DOL plan name: The Innovative Plastics Retirement Savings Plan · Sponsored by Innovative Plastics Corporation · New York · Manufacturing

$16M in assets, 93 participants

Innovative Plastics Corporation's The Innovative Plastics Retirement Savings Plan reported $16M in total assets and 93 participants in its 2024 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.

  • #9,490 in Manufacturing (17,777 peers)

Innovative Plastics Corporation multi-year trail

Innovative Plastics Corporation's plans moved +31.2% in assets from 2022 to 2024; this filing shows The Innovative Plastics Retirement Savings Plan at $16M / 93 participants.

#9,490
in Manufacturing (17,777 peers)
+5.6%
assets growth YoY

The Innovative Plastics Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers

The Innovative Plastics Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$15,550,069 Top 35% higher than 65% of 123,620 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 2024

The Innovative Plastics Retirement Savings Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Innovative Plastics Retirement Savings Plan is a small filing (93 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Innovative Plastics Retirement Savings Plan reported net income fell from $3M in the plan year 2023 filing to $824K in the plan year 2024 filing.
  • The Innovative Plastics Retirement Savings Plan end-of-year assets rose from $15M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • The Innovative Plastics Retirement Savings Plan reported participants rose from 89 in the plan year 2023 filing to 93 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 133386684 · Innovative Plastics Corporation PY 2024 · 401(k)

The Innovative Plastics Retirement Savings Plan · $16M · 93 · 65th

  • PHOTO $16M
  • PHOTO 93
  • PHOTO 65th
  • PHOTO 401(k)
  • PHOTO near Spectrum Industries, Inc. 401(k) Profit Sharing Plan
  • PHOTO ind #9490

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 →

The Innovative Plastics Retirement Savings Plan in the asset neighbourhood

The Innovative Plastics Retirement Savings PlanThe Innovative Plastics Reti…$16MSpectrum Industries, Inc. 401(k) Profit Sharing PlanSpectrum Industries, Inc. 40…$16MRheumatic Disease Center, LLP Safe Harbor Profit Sharing 401(k) Plan and TrustRheumatic Disease Center, LL…$16MTony's Finer Foods Enterprises, LLC 401(k) PlanTony's Finer Foods Enterpris…$16MSalem Electric Co. Retirement Savings PlanSalem Electric Co. Retiremen…$16M
End-of-year total assets ($M) among The Innovative Plastics Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Innovative Plastics Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Innovative Plastics Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$17M 31.1922183980067% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $13.3M $17.4M ▲ +31.2%
Year Plans Participants Total Assets
2022 2 153 $13M
2023 2 162 $16M
2024 2 166 $17M

Innovative Plastics Corporation filing trail (2024)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$824K
Employer EIN133386684
Plan Effective Date1987-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

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

The Innovative Plastics Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants The Innovative Plastics Retirement Savings Plan, Total assets ($B): 0.015550069 · Participants: 93The Innovative Plastics Retirement Savings PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
The Innovative Plastics Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

The Innovative Plastics Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Spectrum Industries, Inc. 401(k) Profit Sharing Plan in WI ($16M); by covered participants it is Burns Pest Elimination, Inc. 401(k) Plan in AZ (93 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (93 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Innovative Plastics Retirement Savings Plan assets move in 2024?
The Innovative Plastics Retirement Savings Plan grew at a solid clip - up 5.6% during 2024, from $15M to $16M. Reported net income was $824K.
How have Innovative Plastics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Innovative Plastics Corporation's sponsor-wide assets grew 31.2%, from $13M to $17M.
Which 401(k) plans are similar in size to The Innovative Plastics Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Spectrum Industries, Inc. 401(k) Profit Sharing Plan in WI ($16M, 177 participants).
Which 401(k) plans cover a similar participant headcount to The Innovative Plastics Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Burns Pest Elimination, Inc. 401(k) Plan in AZ (93 participants, $2M in assets).