401(k) · DOL Form 5500 · 2024

Innovative Management Concepts, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
231
Participants Below avg headcount
72nd
Percentile by assets National rank
$93,897
Avg per participant Below avg balance/head
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Official DOL plan name: Innovative Management Concepts, Inc. 401(k) Plan · Sponsored by Innovative Management Concepts, Inc. · Georgia · Professional & Technical Services

$22M in assets, 231 participants

Innovative Management Concepts, Inc.'s Innovative Management Concepts, Inc. 401(k) Plan reported $22M in total assets and 231 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #14,370 in Professional & Technical Services (20,173 peers)

Coverage in Georgia

Innovative Management Concepts, Inc. 401(k) Plan covers 231 participants in Georgia, about 21% of the average Georgia filer (state average ~1,096 per filing). Assets: $22M.

#14,370
in Professional & Technical Services (20,173 peers)
+40.1%
assets growth YoY

Innovative Management Concepts, Inc. 401(k) Plan's outsized position by total assets

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

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

$21,690,115 Top 28% higher than 72% 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 Management Concepts, Inc. 401(k) 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. Innovative Management Concepts, Inc. 401(k) Plan sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Innovative Management Concepts, Inc. 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Innovative Management Concepts, Inc. 401(k) Plan end-of-year assets rose from $15M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Innovative Management Concepts, Inc. 401(k) Plan reported participants rose from 181 in the plan year 2023 filing to 231 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 541516173 · Innovative Management Concepts, Inc. PY 2024 · 401(k)

Innovative Management Concepts, Inc. 401(k) Plan · $22M · 231 · 72nd

  • BOOK $22M
  • BOOK 231
  • BOOK 72nd
  • BOOK 401(k)
  • BOOK near Elgron, Inc. 401(k) Plan
  • BOOK ind #14370

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 Georgia →

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

Innovative Management Concepts, Inc. 401(k) PlanInnovative Management Concep…$22MElgron, Inc. 401(k) Plan$22MThe Massey Companies 401(k) Profit Sharing PlanThe Massey Companies 401(k) …$22MWright, Finlay & Zak, LLP 401(k) PlanWright, Finlay & Zak, LLP 40…$22MGravel & Shea PC Profit Sharing PlanGravel & Shea PC Profit Shar…$22M
End-of-year total assets ($M) among Innovative Management Concepts, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$22M
Net Income$6M
Employer EIN541516173
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovative Management Concepts, Inc.)

Sponsor-wide plan assets over time

All Innovative Management Concepts, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 84.4972362137319% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $11.8M $21.7M ▲ +84.4%
Year Plans Participants Total Assets
2022 1 163 $12M
2023 1 181 $15M
2024 1 231 $22M

Nearby 401(k) Plans in Georgia

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

Innovative Management Concepts, Inc. 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Innovative Management Concepts, Inc. 401(k) Plan, Total assets ($B): 0.021690115 · Participants: 231Innovative Management Concepts, Inc. 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
Innovative Management Concepts, Inc. 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Innovative Management Concepts, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Georgia, the nearest 401(k) by assets is Elgron, Inc. 401(k) Plan in IL ($22M); by covered participants it is Unitek College Utah, LLC 401(k) Plan in CA (231 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (231 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 Management Concepts, Inc. 401(k) Plan assets move in 2024? ▼
Innovative Management Concepts, Inc. 401(k) Plan surged - up 40.1% during 2024, from $15M to $22M. Reported net income was $6M.
How have Innovative Management Concepts, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovative Management Concepts, Inc.'s sponsor-wide assets grew 84.5%, from $12M to $22M.
Which 401(k) plans are similar in size to Innovative Management Concepts, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Elgron, Inc. 401(k) Plan in IL ($22M, 96 participants).
Which 401(k) plans cover a similar participant headcount to Innovative Management Concepts, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Unitek College Utah, LLC 401(k) Plan in CA (231 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 541516173.

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.