401(k) · DOL Form 5500 · 2024

Innovative Minds, Inc. 401(k) Plan

Data updated 2026-08-25

$51K
Total assets Small plan by assets
1
Participants Small participant base
4th
Percentile by assets National rank
$51,210
Avg per participant Low balance/head
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Official DOL plan name: Innovative Minds, Inc. 401(k) Plan · Sponsored by Innovative Minds, Inc. · Virginia · Educational Services

$51K in assets, 1 participants

Innovative Minds, Inc.'s Innovative Minds, Inc. 401(k) Plan reported $51K in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 4th 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.

  • #122 in Educational Services (3,638 peers)

Innovative Minds, Inc. multi-year trail

Innovative Minds, Inc.'s plans moved +486.2% in assets from 2022 to 2024; this filing shows Innovative Minds, Inc. 401(k) Plan at $51K / 1 participant.

#122
in Educational Services (3,638 peers)
+9.8%
assets growth YoY

Innovative Minds, Inc. 401(k) Plan among the smaller filed plans by assets

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

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

$51,210 4th percentile higher than 4% 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 Minds, Inc. 401(k) Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Innovative Minds, Inc. 401(k) Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Innovative Minds, Inc. 401(k) Plan reported net income fell from $10K in the plan year 2023 filing to $5K in the plan year 2024 filing.
  • Innovative Minds, Inc. 401(k) Plan end-of-year assets rose from $47K in the plan year 2023 filing to $51K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 830974820 · Innovative Minds, Inc. PY 2024 · 401(k)

Innovative Minds, Inc. 401(k) Plan · $51K · 1 · 4th

  • IND $51K
  • EOY 1
  • 5500 4th
  • ASSETS 401(k)
  • PCT near Dceh 401(k)
  • EIN ind #122

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 Educational Services retirement plans → · Plans in Virginia →

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

Innovative Minds, Inc. 401(k) PlanInnovative Minds, Inc. 401(k…$51KDceh 401(k)$51KRiverfront Diversified Inc 40i(K) Profit Sharing & TrustRiverfront Diversified Inc 4…$51KRoyalty Home Care Services 401(k) Profit Sharing Plan & TrustRoyalty Home Care Services 4…$51KKnee Deep Coffee, Inc. 401(k) PlanKnee Deep Coffee, Inc. 401(k…$51K
End-of-year total assets ($M) among Innovative Minds, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Innovative Minds, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$216K 486.211581836463% vs 2022
2024 filing year
$0M$0.1M$0.2M$0.3M 202220232024 $0.04M $0.22M ▲ +450.0%
Year Plans Participants Total Assets
2022 1 1 $37K
2023 1 1 $47K
2024 2 1 $216K

Innovative Minds, Inc. filing trail (2024)

Total Assets (Beginning of Year)$47K
Net Assets (End of Year)$51K
Net Income$5K
Employer EIN830974820
Plan Effective Date2018-06-14
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Innovative Minds, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Innovative Minds, Inc. 401(k) Plan, Total assets ($B): 0.00005121 · Participants: 1Innovative Minds, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Innovative Minds, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Innovative Minds, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Dceh 401(k) in FL ($51K); by covered participants it is Concorde Support & Development, Inc. 401(k) Profit Sharing Plan in TX (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Minds, Inc. 401(k) Plan assets move in 2024? ▼
Innovative Minds, Inc. 401(k) Plan grew at a solid clip - up 9.8% during 2024, from $47K to $51K. Reported net income was $5K.
How have Innovative Minds, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovative Minds, Inc.'s sponsor-wide assets grew 486.2%, from $37K to $216K.
Where does Innovative Minds, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Innovative Minds, Inc. 401(k) Plan ranks in the 4th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Innovative Minds, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dceh 401(k) in FL ($51K, 1 participant).
Which 401(k) plans cover a similar participant headcount to Innovative Minds, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Concorde Support & Development, Inc. 401(k) Profit Sharing Plan in TX (1 participant, $415K 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 830974820.

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.