Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Iem 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by The New Iem, LLC ยท California ยท Manufacturing

What the 2023 filing shows

Iem 401(k) Plan holds $43M for 1,071 participants - about $40,564 per participant, up 27.2% over the 2024 plan year.

$43M
total plan assets (2024 EOY)
1,071
covered participants
$40,564
avg assets per participant
+27.2%
assets growth YoY
Total Assets (2023)
$43M
Participants
1,071
State
Industry
Manufacturing

What the Filing Says About Iem 401(k) Plan

Iem 401(k) Plan is a Profit Sharing retirement plan sponsored by The New Iem, LLC, headquartered in California. As of the 2024 Form 5500 filing, the plan reports $43M in total end-of-year assets and covers 1,071 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 651212631, and the plan has been effective since 2005-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $34M at the beginning of 2024 to $43M at year-end โ€” a gain of 27.2%. Net assets (after liabilities) closed the year at $43M, with reported net income of $9M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$34M
Total Assets (End of Year)$43M
Net Assets (End of Year)$43M
Net Income$9M
Plan TypeProfit Sharing
Employer EIN651212631
Plan Effective Date2005-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The New Iem, LLC)

Year Plans Participants Total Assets
2022 1 442 $25M
2023 1 580 $34M
2024 1 1,071 $43M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Iem 401(k) Plan?
As of the 2024 Form 5500 filing, Iem 401(k) Plan holds $43M in total assets with 1,071 participants. It is sponsored by The New Iem, LLC.
What type of plan is Iem 401(k) Plan?
Iem 401(k) Plan is a Profit Sharing plan. It has been effective since 2005-08-01. The plan is filed with the U.S. Department of Labor under EIN 651212631.
Who sponsors the Iem 401(k) Plan?
Iem 401(k) Plan is sponsored by The New Iem, LLC, located in California. The sponsor's EIN is 651212631 and the plan operates in the Manufacturing industry.
How did Iem 401(k) Plan perform in 2024?
Iem 401(k) Plan grew by 27.2% during 2024, moving from $34M to $43M in total assets. Net income was $9M.
Where can I find official filings for Iem 401(k) Plan?
Official Form 5500 filings for Iem 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 651212631 or plan name at efast.dol.gov.
How does Iem 401(k) Plan compare to other plans?
You can compare Iem 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 651212631.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.