401(k) · DOL Form 5500 · 2024

Innovation Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
602
Participants Below avg headcount
76th
Percentile by assets National rank
$45,357
Avg per participant Low balance/head
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Official DOL plan name: Innovation Associates 401(k) · Sponsored by Innovation Associates, Inc. · New York · Manufacturing

$27M in assets, 602 participants

Innovation Associates, Inc.'s Innovation Associates 401(k) reported $27M in total assets and 602 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #11,871 in Manufacturing (17,777 peers)

Where Innovation Associates 401(k) sits by assets

Innovation Associates 401(k) sits in the top quartile of all filed plans by assets, $27M for 602 participants (~$45,357/participant), up 30.0% in 2024.

#11,871
in Manufacturing (17,777 peers)
+30.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Innovation Associates 401(k)'s outsized position by total assets

Innovation Associates 401(k) vs every filed plan by assets

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

$27,304,949 Top 24% higher than 76% 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

Innovation Associates 401(k) 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. Innovation Associates 401(k) sits mid-pack in the medium band (602 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Innovation Associates 401(k) end-of-year assets rose from $21M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Innovation Associates 401(k) reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Innovation Associates 401(k) reported participants rose from 575 in the plan year 2023 filing to 602 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 161240697 · Innovation Associates, Inc. PY 2024 · 401(k)

Innovation Associates 401(k) · $27M · 602 · 76th

  • 5500 $27M
  • ASSETS 602
  • PCT 76th
  • EIN 401(k)
  • RANK near Cory Watson, P.C. 401(k) Profit Sharing Plan
  • PHOTO ind #11871

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 New York →

Innovation Associates 401(k) in the asset neighbourhood

Cory Watson, P.C. 401(k) Profit Sharing PlanCory Watson, P.C. 401(k) Pro…$27MGiffels-Webster Engineers, Inc. Employees' 401(k) Plan and TrustGiffels-Webster Engineers, I…$27MInnovation Associates 401(k)$27MRigidply Rafters, Inc. Employee Savings & Retirement PlanRigidply Rafters, Inc. Emplo…$27MBha/Wes 401(k) Plan$27M
End-of-year total assets ($M) among Innovation Associates 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$27M
Net Income$6M
Employer EIN161240697
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovation Associates, Inc.)

Sponsor-wide plan assets over time

All Innovation Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 97.43924330120767% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $13.8M $27.3M ▲ +97.4%
Year Plans Participants Total Assets
2022 1 536 $14M
2023 1 575 $21M
2024 1 602 $27M

Nearby 401(k) Plans in New York

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

Innovation Associates 401(k) vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Innovation Associates 401(k), Total assets ($B): 0.027304949 · Participants: 602Innovation Associates 401(k)IBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Innovation Associates 401(k) vs. nearby 401(k) plans in New York, assets vs. participants
Compare Innovation Associates 401(k) side-by-side with 3 peers →

Innovation Associates 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Cory Watson, P.C. 401(k) Profit Sharing Plan in AL ($27M); by covered participants it is Smugglers' Notch Resort 401(k) Profit Sharing Plan in VT (602 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (602 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 Innovation Associates 401(k) assets move in 2024? ▼
Innovation Associates 401(k) surged - up 30.0% during 2024, from $21M to $27M. Reported net income was $6M.
How have Innovation Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovation Associates, Inc.'s sponsor-wide assets grew 97.4%, from $14M to $27M.
Where does Innovation Associates 401(k) rank by assets among Form 5500 filers? ▼
Innovation Associates 401(k) ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Innovation Associates 401(k)? ▼
Among 401(k) plans in other states, the closest by assets is Cory Watson, P.C. 401(k) Profit Sharing Plan in AL ($27M, 94 participants).
Which 401(k) plans cover a similar participant headcount to Innovation Associates 401(k)? ▼
Among 401(k) plans in other states, the closest by covered participants is Smugglers' Notch Resort 401(k) Profit Sharing Plan in VT (602 participants, $9M 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 161240697.

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.