401(k) · DOL Form 5500 · 2024

54innovations, Inc. 401(k) Plan

Data updated 2026-08-25

$313K
Total assets Small plan by assets
3
Participants Small participant base
14th
Percentile by assets National rank
$104,182
Avg per participant Below avg balance/head
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Official DOL plan name: 54innovations, Inc. 401(k) Profit Sharing Plan · Sponsored by 54innovations, Inc. · Indiana · Real Estate

$313K in assets, 3 participants

54innovations, Inc.'s 54innovations, Inc. 401(k) Profit Sharing Plan reported $313K in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 14th 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.

  • #1,043 in Real Estate (4,605 peers)

54innovations, Inc. multi-year trail

54innovations, Inc.'s plans moved -27.1% in assets from 2022 to 2024; this filing shows 54innovations, Inc. 401(k) Profit Sharing Plan at $313K / 3 participants.

#1,043
in Real Estate (4,605 peers)
-26.1%
assets change YoY

The plan reported a net loss of $110K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

54innovations, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

54innovations, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$312,545 14th percentile higher than 14% 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

54innovations, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 54innovations, Inc. 401(k) Profit Sharing Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 54innovations, Inc. 401(k) Profit Sharing Plan reported net income fell from -$6K in the plan year 2023 filing to -$110K in the plan year 2024 filing.
  • 54innovations, Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $423K in the plan year 2023 filing to $313K in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 832314998 · 54innovations, Inc. PY 2024 · 401(k)

54innovations, Inc. 401(k) Profit Sharing Plan · $313K · 3 · 14th

  • EOY $313K
  • 5500 3
  • ASSETS 14th
  • PCT 401(k)
  • EIN near Davson Management, Inc. 401(k) Profit Sharing Plan
  • RANK ind #1043

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 Real Estate retirement plans → · Plans in Indiana →

54innovations, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

54innovations, Inc. 401(k) Profit Sharing Plan54innovations, Inc. 401(k) P…$313KDavson Management, Inc. 401(k) Profit Sharing PlanDavson Management, Inc. 401(…$313KVcare Corporation 401(k) Profit Sharing PlanVcare Corporation 401(k) Pro…$313KKuhr Trucking, LLC 401(k) Profit Sharing Plan and TrustKuhr Trucking, LLC 401(k) Pr…$313KPcbe Fulfillment Services, Inc. 401(k) PlanPcbe Fulfillment Services, I…$313K
End-of-year total assets ($M) among 54innovations, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

54innovations, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All 54innovations, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$313K 27.08109747561943% vs 2022
2024 filing year
$0.25M$0.3M$0.35M$0.4M$0.45M 202220232024 $0.43M $0.31M ▼ -27.9%
Year Plans Participants Total Assets
2022 1 3 $429K
2023 1 3 $423K
2024 1 3 $313K

54innovations, Inc. filing trail (2024)

Total Assets (Beginning of Year)$423K
Net Assets (End of Year)$313K
Net Income-$110K
Employer EIN832314998
Plan Effective Date2018-10-24
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

54innovations, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants 54innovations, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.000312545 · Participants: 354innovations, Inc. 401(k) Profit Sharing PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
54innovations, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare 54innovations, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

54innovations, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Davson Management, Inc. 401(k) Profit Sharing Plan in MS ($313K); by covered participants it is Herman Smith & Co Ltd 401(k) Profit Sharing Plan & Trust in TX (3 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3 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 54innovations, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
54innovations, Inc. 401(k) Profit Sharing Plan declined sharply - down 26.1% during 2024, from $423K to $313K. Reported net income was -$110K.
How have 54innovations, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), 54innovations, Inc.'s sponsor-wide assets declined 27.1%, from $429K to $313K.
Where does 54innovations, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
54innovations, Inc. 401(k) Profit Sharing Plan ranks in the 14th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to 54innovations, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Davson Management, Inc. 401(k) Profit Sharing Plan in MS ($313K, 5 participants).
Which 401(k) plans cover a similar participant headcount to 54innovations, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Herman Smith & Co Ltd 401(k) Profit Sharing Plan & Trust in TX (3 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 832314998.

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.