401(k) · DOL Form 5500 · 2024

Init Innovations in Transportation, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
130
Participants Small participant base
66th
Percentile by assets National rank
$125,599
Avg per participant Near avg balance/head
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Official DOL plan name: Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan · Sponsored by Init Innovations in Transportation, Inc. · Virginia · Professional & Technical Services

$16M in assets, 130 participants

Init Innovations in Transportation, Inc.'s Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan reported $16M in total assets and 130 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #13,169 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan covers 130 participants in Virginia, about 17% of the average Virginia filer (state average ~782 per filing). Assets: $16M.

#13,169
in Professional & Technical Services (20,173 peers)
+24.2%
assets growth YoY

Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$16,327,887 Top 34% higher than 66% 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

Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (130 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan reported participants rose from 124 in the plan year 2023 filing to 130 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 541930353 · Init Innovations in Transportation, Inc. PY 2024 · 401(k)

Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan · $16M · 130 · 66th

  • ASSETS $16M
  • ASSETS 130
  • ASSETS 66th
  • ASSETS 401(k)
  • ASSETS near Horner & Shifrin 401(k) Plan
  • ASSETS ind #13169

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 Virginia →

Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Init Innovations in Transportation, Inc. 401(k) Profit Sharing PlanInit Innovations in Transpor…$16MHorner & Shifrin 401(k) Plan$16MFoundation for Louisiana Students 403(b) PlanFoundation for Louisiana Stu…$16MRegent Bank 401(k) Plan$16MAlisal Employees Retirement Savings PlanAlisal Employees Retirement …$16M
End-of-year total assets ($M) among Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN541930353
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Init Innovations in Transportation, Inc.)

Sponsor-wide plan assets over time

All Init Innovations in Transportation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 64.08741071630459% vs 2022
2024 filing year
$8M$10M$12M$14M$16M$18M 202220232024 $9.95M $16.3M ▲ +64.1%
Year Plans Participants Total Assets
2022 1 120 $10M
2023 1 124 $13M
2024 1 130 $16M

Nearby 401(k) Plans in Virginia

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

Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.016327887 · Participants: 130Init Innovations in Transportation, Inc. 401(k) Profit Sharing 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
Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Horner & Shifrin 401(k) Plan in MO ($16M); by covered participants it is Ameristar Home Care Services L 401(k) Profit Sharing Plan & Trust in NY (130 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (130 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 Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan grew sharply - up 24.2% during 2024, from $13M to $16M. Reported net income was $3M.
How have Init Innovations in Transportation, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Init Innovations in Transportation, Inc.'s sponsor-wide assets grew 64.1%, from $10M to $16M.
Which 401(k) plans are similar in size to Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Horner & Shifrin 401(k) Plan in MO ($16M, 160 participants).
Which 401(k) plans cover a similar participant headcount to Init Innovations in Transportation, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Ameristar Home Care Services L 401(k) Profit Sharing Plan & Trust in NY (130 participants, $21K in assets).