# Innovative Process Solutions, INC. 401(k) Plan
Source: https://planprovider.pro/companies/innovative-process-solutions-inc-plan

> Innovative Process Solutions, INC.'s 401(k) plan: 13 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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