Profit Sharing · DOL Form 5500 · 2024

Innovative Offerings, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
4
Participants Small participant base
29th
Percentile by assets National rank
$468,252
Avg per participant High balance/head
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Official DOL plan name: Innovative Offerings, Inc. Profit Sharing Plan & Trust · Sponsored by Innovative Offerings, Inc. · New York · Administrative & Support Services

$2M in assets, 4 participants

Innovative Offerings, Inc.'s Innovative Offerings, Inc. Profit Sharing Plan & Trust reported $2M in total assets and 4 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #2,310 in Administrative & Support Services (4,368 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Innovative Offerings, Inc. Profit Sharing Plan & Trust ranks #2,310 of 4,368 2024 filers by assets (1540% of the sector average)-$2M for 4 participants.

#2,310
in Administrative & Support Services (4,368 peers)
-17.8%
assets change YoY

The plan reported a net loss of $406K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Innovative Offerings, Inc. Profit Sharing Plan & Trust among the smaller filed plans by assets

Innovative Offerings, Inc. Profit Sharing Plan & Trust vs every filed plan by assets

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

$1,873,007 29th percentile higher than 29% 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 Offerings, Inc. Profit Sharing Plan & Trust among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Innovative Offerings, Inc. Profit Sharing Plan & Trust is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Innovative Offerings, Inc. Profit Sharing Plan & Trust reported net income fell from $150K in the plan year 2023 filing to -$406K in the plan year 2024 filing.
  • Innovative Offerings, Inc. Profit Sharing Plan & Trust reported participants fell from 5 in the plan year 2023 filing to 4 in the plan year 2024 filing.
  • Innovative Offerings, Inc. Profit Sharing Plan & Trust end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 261332693 · Innovative Offerings, Inc. PY 2024 · Profit Sharing

Innovative Offerings, Inc. Profit Sharing Plan & Trust · $2M · 4 · 29th

  • PCT $2M
  • PCT 4
  • PCT 29th
  • PCT Profit Sharing
  • PCT near Hanna and Morton, LLP Profit Sharing Plan for Selected Employees
  • PCT ind #2310

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 Administrative & Support Services retirement plans → · Plans in New York →

Innovative Offerings, Inc. Profit Sharing Plan & Trust in the asset neighbourhood

Elizabeth Merkler, D.M.D. Profit Sharing PlanElizabeth Merkler, D.M.D. Pr…$2MInnovative Offerings, Inc. Profit Sharing Plan & TrustInnovative Offerings, Inc. P…$2MHanna and Morton, LLP Profit Sharing Plan for Selected EmployeesHanna and Morton, LLP Profit…$2MGoldenberg Meyerkova Prof Corp Profit Sharing PlanGoldenberg Meyerkova Prof Co…$2MMarkiewich & Monastra LLC Profit Sharing PlanMarkiewich & Monastra LLC Pr…$2M
End-of-year total assets ($M) among Innovative Offerings, Inc. Profit Sharing Plan & Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$406K
Employer EIN261332693
Plan Effective Date2007-10-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovative Offerings, Inc.)

Sponsor-wide plan assets over time

All Innovative Offerings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 12.013350620554883% vs 2022
2024 filing year
$1.8M$2M$2.2M$2.4M 202220232024 $2.13M $1.87M ▼ -12.2%
Year Plans Participants Total Assets
2022 1 2 $2M
2023 1 5 $2M
2024 1 4 $2M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Innovative Offerings, Inc. Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -10123 Total assets ($B) Participants Innovative Offerings, Inc. Profit Sharing Plan & Trust, Total assets ($B): 0.001873007 · Participants: 4Innovative Offerings, Inc. Profit Sharing Plan & TrustAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Innovative Offerings, Inc. Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in New York, assets vs. participants

Innovative Offerings, Inc. Profit Sharing Plan & Trust's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Hanna and Morton, LLP Profit Sharing Plan for Selected Employees in CA ($2M); by covered participants it is Thrive Holdings Inc. Retirement Plan in OH (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 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 Offerings, Inc. Profit Sharing Plan & Trust assets move in 2024?
Innovative Offerings, Inc. Profit Sharing Plan & Trust declined sharply - down 17.8% during 2024, from $2M to $2M. Reported net income was -$406K.
How have Innovative Offerings, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Innovative Offerings, Inc.'s sponsor-wide assets declined 12.0%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Innovative Offerings, Inc. Profit Sharing Plan & Trust?
Among Profit Sharing plans in other states, the closest by assets is Hanna and Morton, LLP Profit Sharing Plan for Selected Employees in CA ($2M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Innovative Offerings, Inc. Profit Sharing Plan & Trust?
Among Profit Sharing plans in other states, the closest by covered participants is Thrive Holdings Inc. Retirement Plan in OH (4 participants, $533K in assets).