Plan5500

Init Innovations In Transportation Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Init Innovations In Transportation Inc. (EIN 54-1930353) is a plan sponsor located in Chesapeake, VA with 1 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
54-1930353
Location
Chesapeake, VA
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Init Innovations In Transportation Inc.

  • 2 loaded plans hold $13.1M in reported assets.
  • The largest, Init Innovations In Transportation, Inc. 401(K) Profit Sharing Plan, holds 100% of this company's reported plan assets.
  • Plans cover 271 reported participants.
  • 1 of 2 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$13.1MSummed across loaded plans$13,142,623
Total reported assets$13.1M$13,142,623
Total reported participants271
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$13.1M total assets
Net assets$13.1MLiabilities$0
Contributions & income
Employer contributions$442.4K
Participant contributions$1M
Total income / additions$3.5M
Expenses & distributions
Benefits paid / distributions$274.2K
Total expenses$309K
Net increase / (decrease)$3.2M

Data coverage

Plans with financial statements1 / 2 (50%)
Plans with provider compensation1 / 2 (50%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Init Innovations In Transportation, Inc. 401(K) Profit Sharing Plan
Participants per plan136Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Init Innovations In Transportation, Inc. 401(K) Profit Sharing Plan$13.1M
    Plan #001 · 155 participants · 2023
  2. 2
    Init Health And Welfare Plannot reported in the loaded dataset
    Plan #501 · 116 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Init Innovations In Transportation Inc.. Open one for its full reported snapshot.

  1. 2023
    Init Health And Welfare Plan116 participants · 2No schedules
    View filing →
  2. 2023
    Init Innovations In Transportation, Inc. 401(K) Profit Sharing Plan155 participants · 2Sch HSch C
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Init Innovations In Transportation Inc. report on Form 5500?
Init Innovations In Transportation Inc. (EIN 54-1930353) reports 1 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Init Innovations In Transportation Inc.?
The Employer Identification Number (EIN) reported for Init Innovations In Transportation Inc. is 54-1930353.
What is the latest Form 5500 filing year for Init Innovations In Transportation Inc.?
The latest loaded Form 5500 filing year for Init Innovations In Transportation Inc. is 2023.

Related Form 5500 pages