Init Innovations In Transportation, Inc. 401(k) Plan: Login, Facts & Contact Information
Init Innovations In Transportation, Inc. 401(k) Login
39 former Init Innovations In Transportation, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Init Innovations In Transportation, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 30, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $1.74 million went into the plan in contributions, $513,402 of it from the employer (30%).
- $376,358 was paid out to participants.
- Investment and other income added $1.86 million.
- Administrative expenses were $44,162, about $245 per account.
How the Init Innovations In Transportation, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 139 | $6.15 million | $304,348 | $1.55 million |
| 2020 | 149 | $9.03 million | $336,194 | $229,911 |
| 2021 | 161 | $11.0 million | $363,287 | $560,674 |
| 2022 | 156 | $9.95 million | $407,690 | $199,140 |
| 2023 | 155 | $13.1 million | $442,431 | $274,173 |
| 2024 | 160 | $16.3 million | $513,402 | $376,358 |
Init Innovations In Transportation, Inc. 401(k) Contact Information
Questions about the Init Innovations In Transportation, Inc. 401(k)
Does Init Innovations In Transportation, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $513,402, 30% of all contributions.
Does the Init Innovations In Transportation, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Init Innovations In Transportation, Inc 401(k) plan?
160 participants at the start of plan year 2024, 150 of them active employees, and 39 former employees who still had money in the plan.
What is the average 401(k) balance at Init Innovations In Transportation, Inc?
About $90,710 per account: $16.3 million in plan assets across 180 accounts with a balance at the end of plan year 2024.
Who manages the Init Innovations In Transportation, Inc 401(k) accounts?
Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Init Innovations In Transportation, Inc. How do I access my 401(k)?
Your account stays with Ascensus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.