Innovative Water Care retirement plan: assets, participants and fees
What Innovative Water Care's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock | Schedule C ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 2,344 pension plans in manufacturing with fewer than 100 participants.
| Innovative Water Care: employer contribution per participant | $2,273 | |
| Peer median | $7,068 |
| Innovative Water Care: average balance | $162,479 | |
| Peer median | $89,319 |
| Innovative Water Care: admin expenses ÷ assets | 0.25% | |
| Peer median | 0.59% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $13.5M at the end of plan year 2023 to $14.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 88 | $14.3M | $200K | $2,273 | 0.25% | Not published | Form 5500 ↗ |
| 2023 | 88 | $13.5M | $400K | $4,545 | 0.54% | Not published | Form 5500 ↗ |
Other Innovative Water Care plans (3)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Innovative Water Care, LLC 401(k) Savings Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Warren Averett (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Clearon Corp. 401(k) Plan for Specified Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Clearon Corporation 401(k) Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Innovative Water Care match 401(k) contributions?
The match terms for the Clearon Corporation Employees' Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $200K in employer contributions, about $2,273 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Innovative Water Care 401(k) match vested?
The vesting schedule for the Clearon Corporation Employees' Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Innovative Water Care 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock. The plan administrator is Innovative Water Care LLC.
I left Innovative Water Care. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Innovative Water Care LLC, (304) 746-3000) or the recordkeeper, John Hancock. The Innovative Water Care old 401(k) page lists the contacts from every plan filing. Find an old Innovative Water Care 401(k)
Data from the public Form 5500 annual reports Innovative Water Care filed with the U.S. Department of Labor (plan years 2021 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Innovative Water Care. Not financial advice. Report a correction · Methodology