Defined Benefit (Pension) · DOL Form 5500 · 2024

Innovative Water Care LLC Pension Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets: 11
Participants Small participant base: 63rd
Percentile by assets National rank: $1.3M
Avg per participant High balance/head

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Official DOL plan name: Clearon Corporation Employees' Pension Plan · Sponsored by Innovative Water Care LLC · West Virginia · Manufacturing

$14M in assets, 11 participants

Innovative Water Care LLC's Clearon Corporation Employees' Pension Plan reported $14M in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

#9,089 in Manufacturing (17,777 peers)

What the 2024 filing shows

Clearon Corporation Employees' Pension Plan holds $14M for 11 participants - about $1.3M per participant, above the median plan by assets.

#9,089
in Manufacturing (17,777 peers): +5.8%
assets growth YoY

Clearon Corporation Employees' Pension Plan's mid-pack asset rank among Manufacturing and all filers

Clearon Corporation Employees' Pension Plan vs every filed plan by assets

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

$14,298,165 Top 37% higher than 63% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Clearon Corporation Employees' Pension 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. Clearon Corporation Employees' Pension Plan is a small filing (11 participants) on this national headcount ladder.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Clearon Corporation Employees' Pension Plan reported net income rose from -$4M in the plan year 2023 filing to $783K in the plan year 2024 filing.
Clearon Corporation Employees' Pension Plan end-of-year assets rose from $14M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 831712074 · Innovative Water Care LLC PY 2024 · Defined Benefit (Pension)

Clearon Corporation Employees' Pension Plan · $14M · 11 · 63rd

SCH $14M
SCH 11
SCH 63rd
SCH Defined Benefit (Pension)
SCH near Nippon Dynawave Packaging Company Pension Plan for Hourly Employees
SCH ind #9089

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 Manufacturing retirement plans → · Plans in West Virginia →

End-of-year total assets ($M) among Clearon Corporation Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)	$14M
Net Assets (End of Year)	$14M
Net Income	$783K
Employer EIN	831712074
Plan Effective Date	1996-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Innovative Water Care LLC)

Latest sponsor-wide plan assets: $14M 5.793906850346486% vs 2023; 2024 filing year

Year	Plans	Participants	Total Assets
2023	1	11	$14M
2024	1	11	$14M

Nearby Defined Benefit (Pension) Plans in West Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Clearon Corporation Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants

West Virginia Laborers Pension Trust Fund $570M · 2,390
I.U.O.E. Local 132 Pension Fund $559M · 1,858
United Mine Workers of America 1985 Construction Workers Pension Plan $470M · 197
Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund $453M · 1,685
Maryland Electrical Industry Pension Plan $289M · 1,784

Compare Clearon Corporation Employees' Pension Plan side-by-side with 3 peers →

Clearon Corporation Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Nippon Dynawave Packaging Company Pension Plan for Hourly Employees in WA ($14M); by covered participants it is Dougherty Dental Corporation Defined Benefit Pension Plan in CA (11 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Nippon Dynawave Packaging Company Pension Plan for Hourly Employees (WA) $14M · 222
The Timken Belts Pension Plan (OH) $14M · 98
Oncology Associates of Oregon, P. C. Cash Balance Plan (OR) $14M · 148
Summit School at Nyack Retirement Plan (NY) $14M · 149

Similar participant headcount

Nearest other-state filings by covered participants (11 participants); asset peers above are excluded.

Dougherty Dental Corporation Defined Benefit Pension Plan (CA) 11 · 0 off
Jalpan Shah Dds Mds, Inc. Defined Benefit Pension Plan (CA) 11 · 0 off
The Shoulder Clinic of Idaho, PLLC Cash Balance Plan (ID) 11 · 0 off
Altura Communication Solutions Pension Plan for Certain Union Represented Employees (OK) 11 · 0 off

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 Clearon Corporation Employees' Pension Plan assets move in 2024? ▼

Clearon Corporation Employees' Pension Plan grew at a solid clip - up 5.8% during 2024, from $14M to $14M. Reported net income was $783K.

How have Innovative Water Care LLC plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Innovative Water Care LLC's sponsor-wide assets grew 5.8%, from $14M to $14M.

Which Defined Benefit (Pension) plans are similar in size to Clearon Corporation Employees' Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Nippon Dynawave Packaging Company Pension Plan for Hourly Employees in WA ($14M, 222 participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Clearon Corporation Employees' Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Dougherty Dental Corporation Defined Benefit Pension Plan in CA (11 participants, $599K 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 831712074.