Plan Snapshot
- Plan Sponsor: Innovative Process Solutions, INC.
- Sponsor EIN: 043390305
- Sponsor Address: 307 WAVERLEY OAKS RD, WALTHAM, MA, 02452
- Plan Type: 401(k)
- Total Participants: 13
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 13 | $7.3M | $61,373 | $258,385 |
| 2023 | 13 | $5.9M | $57,714 | $220,112 |
| 2022 | 14 | $4.2M | $56,417 | $203,841 |