401(k) · DOL Form 5500 · 2024
Industrial Turnaround Corporation 401(k) Plan
Data updated 2026-08-25
- $55M
- Total assets Below avg plan size
- 479
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $115,005
- Avg per participant Below avg balance/head
Official DOL plan name: Industrial Turnaround Corporation 401(k)Plan · Sponsored by Industrial Turnaround Corporation · Virginia · Professional & Technical Services
$55M in assets, 479 participants
Industrial Turnaround Corporation's Industrial Turnaround Corporation 401(k)Plan reported $55M in total assets and 479 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- #17,347 in Professional & Technical Services (20,173 peers)
Where Industrial Turnaround Corporation 401(k)Plan sits by assets
Industrial Turnaround Corporation 401(k)Plan sits in the top quartile of all filed plans by assets, $55M for 479 participants (~$115,005/participant), up 10.0% in 2024.
- #17,347
- in Professional & Technical Services (20,173 peers)
- +10.0%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Industrial Turnaround Corporation 401(k)Plan's outsized position by total assets
Industrial Turnaround Corporation 401(k)Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$55,087,458 Top 15% higher than 85% 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
Industrial Turnaround Corporation 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. Industrial Turnaround Corporation 401(k)Plan sits mid-pack in the medium band (479 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Industrial Turnaround Corporation 401(k)Plan reported net income fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Industrial Turnaround Corporation 401(k)Plan end-of-year assets rose from $50M in the plan year 2023 filing to $55M in the plan year 2024 filing.
- Industrial Turnaround Corporation 401(k)Plan reported participants rose from 452 in the plan year 2023 filing to 479 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 541453225 · Industrial Turnaround Corporation PY 2024 · 401(k)
Industrial Turnaround Corporation 401(k)Plan · $55M · 479 · 85th
- PART $55M
- PART 479
- PART 85th
- PART 401(k)
- PART near Arnold Machinery Company Profit Sharing and Retirement Savings Plan
- PART ind #17347
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 →
Industrial Turnaround Corporation 401(k)Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $50M |
|---|---|
| Net Assets (End of Year) | $55M |
| Net Income | $5M |
| Employer EIN | 541453225 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Industrial Turnaround Corporation)
Sponsor-wide plan assets over time
All Industrial Turnaround Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $68M 37.72616670942499% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 912 | $50M |
| 2023 | 2 | 905 | $59M |
| 2024 | 2 | 956 | $68M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $39.5B · 104,719
- 401(k) Pension Plan $16.8B · 62,869
- General Dynamics Corporation 401(k) Plan 6.0 $12.4B · 49,414
- Capital One Financial Corporation Associate Savings Plan $12.0B · 44,933
- Leidos, Inc. Retirement Plan $11.8B · 29,734
Industrial Turnaround Corporation 401(k)Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Arnold Machinery Company Profit Sharing and Retirement Savings Plan in UT ($55M); by covered participants it is Sonnenalp Properties Profit Sharing Plan in CO (479 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($55M here).
- Arnold Machinery Company Profit Sharing and Retirement Savings Plan (UT) $55M · 707
- Drt Holdings, LLC Retirement Plan (OH) $55M · 548
- Sai360 401(k) Savings Plan (IL) $55M · 196
- Metagenics LLC 401(k) Retirement Plan (CA) $55M · 461
Similar participant headcount
Nearest other-state filings by covered participants (479 participants); asset peers above are excluded.
- Sonnenalp Properties Profit Sharing Plan (CO) 479 · 0 off
- Pinnergy, Ltd. 401(k) Plan (TX) 479 · 0 off
- Infrastructure Consulting & Engineering, PLLC 401(k) Plan (SC) 479 · 0 off
- Boeing Intelligence & Analytics 401(k) Profit Sharing Plan (MD) 479 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.