401(k) · DOL Form 5500 · 2024

Innovative Process Solutions, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
13
Participants Small participant base
49th
Percentile by assets National rank
$561,604
Avg per participant High balance/head
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Official DOL plan name: Innovative Process Solutions, Inc. 401(k) Plan · Sponsored by Innovative Process Solutions, Inc. · Massachusetts · Professional & Technical Services

$7M in assets, 13 participants

Innovative Process Solutions, Inc.'s Innovative Process Solutions, Inc. 401(k) Plan reported $7M in total assets and 13 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #9,533 in Professional & Technical Services (20,173 peers)

Innovative Process Solutions, Inc. multi-year trail

Innovative Process Solutions, Inc.'s plans moved +73.9% in assets from 2022 to 2024; this filing shows Innovative Process Solutions, Inc. 401(k) Plan at $7M / 13 participants.

#9,533
in Professional & Technical Services (20,173 peers)
+23.5%
assets growth YoY

Innovative Process Solutions, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Innovative Process Solutions, Inc. 401(k) Plan vs every filed plan by assets

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

$7,300,849 49th percentile higher than 49% 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

Innovative Process Solutions, Inc. 401(k) 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. Innovative Process Solutions, Inc. 401(k) Plan is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Innovative Process Solutions, Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Innovative Process Solutions, Inc. 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Innovative Process Solutions, Inc. 401(k) Plan reported participants fell from 14 in the plan year 2023 filing to 13 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 043390305 · Innovative Process Solutions, Inc. PY 2024 · 401(k)

Innovative Process Solutions, Inc. 401(k) Plan · $7M · 13 · 49th

  • SCH $7M
  • SCH 13
  • SCH 49th
  • SCH 401(k)
  • SCH near Reed City Group, LLC 401(k) Plan
  • SCH ind #9533

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 Massachusetts →

Innovative Process Solutions, Inc. 401(k) Plan in the asset neighbourhood

Innovative Process Solutions, Inc. 401(k) PlanInnovative Process Solutions…$7MReed City Group, LLC 401(k) PlanReed City Group, LLC 401(k) …$7MTarget Media Partners 401(k) Profit Sharing PlanTarget Media Partners 401(k)…$7MBeartooth Billings Clinic 401(k) PlanBeartooth Billings Clinic 40…$7MTraffix USA 401(k) Plan$7M
End-of-year total assets ($M) among Innovative Process Solutions, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Innovative Process Solutions, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Innovative Process Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 73.9425108230884% vs 2022
2024 filing year
$3M$4M$5M$6M$7M$8M 202220232024 $4.2M $7.3M ▲ +73.8%
Year Plans Participants Total Assets
2022 1 12 $4M
2023 1 14 $6M
2024 1 13 $7M

Innovative Process Solutions, Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN043390305
Plan Effective Date2001-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Innovative Process Solutions, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Innovative Process Solutions, Inc. 401(k) Plan, Total assets ($B): 0.007300849 · Participants: 13Innovative Process Solutions, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Innovative Process Solutions, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Innovative Process Solutions, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Reed City Group, LLC 401(k) Plan in MI ($7M); by covered participants it is Kaspien Inc. 401(k) Plan in WA (13 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (13 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 Innovative Process Solutions, Inc. 401(k) Plan assets move in 2024? ▼
Innovative Process Solutions, Inc. 401(k) Plan grew sharply - up 23.5% during 2024, from $6M to $7M. Reported net income was $1M.
How have Innovative Process Solutions, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovative Process Solutions, Inc.'s sponsor-wide assets grew 73.9%, from $4M to $7M.
Which 401(k) plans are similar in size to Innovative Process Solutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Reed City Group, LLC 401(k) Plan in MI ($7M, 168 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Process Solutions, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kaspien Inc. 401(k) Plan in WA (13 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043390305.

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.