Civic Intelligence

Innovative Transport Systems Inc.

Plan context: Innovative Transport Systems Inc. Profit-Sharing Plan and Trust

EIN 41-1572438 • New Hope, MN • 28 filings • 3 plans

8401 54th Ave NNew Hope, MN 55408
Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$5,341,387

2024 Contributions

$83,043

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$5,341,387$2,670,694$0200020132024YearValue
$5,341,387Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

420200020132024YearValue
4Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202414$5,341,387$83,043$20,761iApproximate average salary by contribution assumption: employee only about $519,019 at 4% or $346,013 at 6%; with 50% employer match about $346,013 at 4% or $230,675 at 6%; with 100% employer match about $259,509 at 4% or $173,006 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-4$5,341,387$83,043$20,761iApproximate average salary by contribution assumption: employee only about $519,019 at 4% or $346,013 at 6%; with 50% employer match about $346,013 at 4% or $230,675 at 6%; with 100% employer match about $259,509 at 4% or $173,006 at 6%.
202313$4,788,613$57,725$19,242iApproximate average salary by contribution assumption: employee only about $481,042 at 4% or $320,694 at 6%; with 50% employer match about $320,694 at 4% or $213,796 at 6%; with 100% employer match about $240,521 at 4% or $160,347 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$4,788,613$57,725$19,242iApproximate average salary by contribution assumption: employee only about $481,042 at 4% or $320,694 at 6%; with 50% employer match about $320,694 at 4% or $213,796 at 6%; with 100% employer match about $240,521 at 4% or $160,347 at 6%.
202213$4,188,988$51,875$17,292iApproximate average salary by contribution assumption: employee only about $432,292 at 4% or $288,194 at 6%; with 50% employer match about $288,194 at 4% or $192,130 at 6%; with 100% employer match about $216,146 at 4% or $144,097 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$4,188,988$51,875$17,292iApproximate average salary by contribution assumption: employee only about $432,292 at 4% or $288,194 at 6%; with 50% employer match about $288,194 at 4% or $192,130 at 6%; with 100% employer match about $216,146 at 4% or $144,097 at 6%.
202113$4,864,234$47,461$15,820iApproximate average salary by contribution assumption: employee only about $395,508 at 4% or $263,672 at 6%; with 50% employer match about $263,672 at 4% or $175,781 at 6%; with 100% employer match about $197,754 at 4% or $131,836 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$4,864,234$47,461$15,820iApproximate average salary by contribution assumption: employee only about $395,508 at 4% or $263,672 at 6%; with 50% employer match about $263,672 at 4% or $175,781 at 6%; with 100% employer match about $197,754 at 4% or $131,836 at 6%.
202013$4,026,963$45,405$15,135iApproximate average salary by contribution assumption: employee only about $378,375 at 4% or $252,250 at 6%; with 50% employer match about $252,250 at 4% or $168,167 at 6%; with 100% employer match about $189,188 at 4% or $126,125 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$4,026,963$45,405$15,135iApproximate average salary by contribution assumption: employee only about $378,375 at 4% or $252,250 at 6%; with 50% employer match about $252,250 at 4% or $168,167 at 6%; with 100% employer match about $189,188 at 4% or $126,125 at 6%.
201913$3,433,329$54,651$18,217iApproximate average salary by contribution assumption: employee only about $455,425 at 4% or $303,617 at 6%; with 50% employer match about $303,617 at 4% or $202,411 at 6%; with 100% employer match about $227,713 at 4% or $151,808 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$3,433,329$54,651$18,217iApproximate average salary by contribution assumption: employee only about $455,425 at 4% or $303,617 at 6%; with 50% employer match about $303,617 at 4% or $202,411 at 6%; with 100% employer match about $227,713 at 4% or $151,808 at 6%.
201813$2,733,543$51,890$17,297iApproximate average salary by contribution assumption: employee only about $432,417 at 4% or $288,278 at 6%; with 50% employer match about $288,278 at 4% or $192,185 at 6%; with 100% employer match about $216,208 at 4% or $144,139 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$2,733,543$51,890$17,297iApproximate average salary by contribution assumption: employee only about $432,417 at 4% or $288,278 at 6%; with 50% employer match about $288,278 at 4% or $192,185 at 6%; with 100% employer match about $216,208 at 4% or $144,139 at 6%.
201713$2,785,009$42,254$14,085iApproximate average salary by contribution assumption: employee only about $352,117 at 4% or $234,744 at 6%; with 50% employer match about $234,744 at 4% or $156,496 at 6%; with 100% employer match about $176,058 at 4% or $117,372 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$2,785,009$42,254$14,085iApproximate average salary by contribution assumption: employee only about $352,117 at 4% or $234,744 at 6%; with 50% employer match about $234,744 at 4% or $156,496 at 6%; with 100% employer match about $176,058 at 4% or $117,372 at 6%.
201613$2,342,811$5,033$1,678iApproximate average salary by contribution assumption: employee only about $41,942 at 4% or $27,961 at 6%; with 50% employer match about $27,961 at 4% or $18,641 at 6%; with 100% employer match about $20,971 at 4% or $13,981 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$2,342,811$5,033$1,678iApproximate average salary by contribution assumption: employee only about $41,942 at 4% or $27,961 at 6%; with 50% employer match about $27,961 at 4% or $18,641 at 6%; with 100% employer match about $20,971 at 4% or $13,981 at 6%.
201513$2,172,982$46,706$15,569iApproximate average salary by contribution assumption: employee only about $389,217 at 4% or $259,478 at 6%; with 50% employer match about $259,478 at 4% or $172,985 at 6%; with 100% employer match about $194,608 at 4% or $129,739 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$2,172,982$46,706$15,569iApproximate average salary by contribution assumption: employee only about $389,217 at 4% or $259,478 at 6%; with 50% employer match about $259,478 at 4% or $172,985 at 6%; with 100% employer match about $194,608 at 4% or $129,739 at 6%.
201412$2,092,846$43,842$21,921iApproximate average salary by contribution assumption: employee only about $548,025 at 4% or $365,350 at 6%; with 50% employer match about $365,350 at 4% or $243,567 at 6%; with 100% employer match about $274,013 at 4% or $182,675 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2$2,092,846$43,842$21,921iApproximate average salary by contribution assumption: employee only about $548,025 at 4% or $365,350 at 6%; with 50% employer match about $365,350 at 4% or $243,567 at 6%; with 100% employer match about $274,013 at 4% or $182,675 at 6%.
201312$1,906,077$45,250$22,625iApproximate average salary by contribution assumption: employee only about $565,625 at 4% or $377,083 at 6%; with 50% employer match about $377,083 at 4% or $251,389 at 6%; with 100% employer match about $282,813 at 4% or $188,542 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2$1,906,077$45,250$22,625iApproximate average salary by contribution assumption: employee only about $565,625 at 4% or $377,083 at 6%; with 50% employer match about $377,083 at 4% or $251,389 at 6%; with 100% employer match about $282,813 at 4% or $188,542 at 6%.
201212$1,548,371$55,063$27,532iApproximate average salary by contribution assumption: employee only about $688,288 at 4% or $458,858 at 6%; with 50% employer match about $458,858 at 4% or $305,906 at 6%; with 100% employer match about $344,144 at 4% or $229,429 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2$1,548,371$55,063$27,532iApproximate average salary by contribution assumption: employee only about $688,288 at 4% or $458,858 at 6%; with 50% employer match about $458,858 at 4% or $305,906 at 6%; with 100% employer match about $344,144 at 4% or $229,429 at 6%.
201112$1,346,801$50,660$25,330iApproximate average salary by contribution assumption: employee only about $633,250 at 4% or $422,167 at 6%; with 50% employer match about $422,167 at 4% or $281,444 at 6%; with 100% employer match about $316,625 at 4% or $211,083 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2$1,346,801$50,660$25,330iApproximate average salary by contribution assumption: employee only about $633,250 at 4% or $422,167 at 6%; with 50% employer match about $422,167 at 4% or $281,444 at 6%; with 100% employer match about $316,625 at 4% or $211,083 at 6%.
201012$1,289,419$50,560$25,280iApproximate average salary by contribution assumption: employee only about $632,000 at 4% or $421,333 at 6%; with 50% employer match about $421,333 at 4% or $280,889 at 6%; with 100% employer match about $316,000 at 4% or $210,667 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2$1,289,419$50,560$25,280iApproximate average salary by contribution assumption: employee only about $632,000 at 4% or $421,333 at 6%; with 50% employer match about $421,333 at 4% or $280,889 at 6%; with 100% employer match about $316,000 at 4% or $210,667 at 6%.
200912$1,106,000$34,500$17,250iApproximate average salary by contribution assumption: employee only about $431,250 at 4% or $287,500 at 6%; with 50% employer match about $287,500 at 4% or $191,667 at 6%; with 100% employer match about $215,625 at 4% or $143,750 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2$1,106,000$34,500$17,250iApproximate average salary by contribution assumption: employee only about $431,250 at 4% or $287,500 at 6%; with 50% employer match about $287,500 at 4% or $191,667 at 6%; with 100% employer match about $215,625 at 4% or $143,750 at 6%.
200810$902,636$60,450-
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-0$902,636$60,450-
200712$0$0-
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2---
200612$935,477$48,050$24,025iApproximate average salary by contribution assumption: employee only about $600,625 at 4% or $400,417 at 6%; with 50% employer match about $400,417 at 4% or $266,944 at 6%; with 100% employer match about $300,313 at 4% or $200,208 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2$935,477$48,050$24,025iApproximate average salary by contribution assumption: employee only about $600,625 at 4% or $400,417 at 6%; with 50% employer match about $400,417 at 4% or $266,944 at 6%; with 100% employer match about $300,313 at 4% or $200,208 at 6%.
200512$773,798$50,028$25,014iApproximate average salary by contribution assumption: employee only about $625,350 at 4% or $416,900 at 6%; with 50% employer match about $416,900 at 4% or $277,933 at 6%; with 100% employer match about $312,675 at 4% or $208,450 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2$773,798$50,028$25,014iApproximate average salary by contribution assumption: employee only about $625,350 at 4% or $416,900 at 6%; with 50% employer match about $416,900 at 4% or $277,933 at 6%; with 100% employer match about $312,675 at 4% or $208,450 at 6%.
200414$688,687$41,670$10,418iApproximate average salary by contribution assumption: employee only about $260,438 at 4% or $173,625 at 6%; with 50% employer match about $173,625 at 4% or $115,750 at 6%; with 100% employer match about $130,219 at 4% or $86,813 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-4$688,687$41,670$10,418iApproximate average salary by contribution assumption: employee only about $260,438 at 4% or $173,625 at 6%; with 50% employer match about $173,625 at 4% or $115,750 at 6%; with 100% employer match about $130,219 at 4% or $86,813 at 6%.
200314$572,951$49,614$12,404iApproximate average salary by contribution assumption: employee only about $310,088 at 4% or $206,725 at 6%; with 50% employer match about $206,725 at 4% or $137,817 at 6%; with 100% employer match about $155,044 at 4% or $103,363 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-4$572,951$49,614$12,404iApproximate average salary by contribution assumption: employee only about $310,088 at 4% or $206,725 at 6%; with 50% employer match about $206,725 at 4% or $137,817 at 6%; with 100% employer match about $155,044 at 4% or $103,363 at 6%.
200223$408,819$46,183$15,394iApproximate average salary by contribution assumption: employee only about $384,858 at 4% or $256,572 at 6%; with 50% employer match about $256,572 at 4% or $171,048 at 6%; with 100% employer match about $192,429 at 4% or $128,286 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-3$408,819$46,183$15,394iApproximate average salary by contribution assumption: employee only about $384,858 at 4% or $256,572 at 6%; with 50% employer match about $256,572 at 4% or $171,048 at 6%; with 100% employer match about $192,429 at 4% or $128,286 at 6%.
INNOVATIVE TRANSPORT SYSTEMS, INC. PENSION PLAN AN-0---
200122$0$0-
INNOVATIVE TRANSPORT SYSTEMS, INC. PENSION PLAN AN-2---
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2---
200022$480,909$45,967$22,984iApproximate average salary by contribution assumption: employee only about $574,588 at 4% or $383,058 at 6%; with 50% employer match about $383,058 at 4% or $255,372 at 6%; with 100% employer match about $287,294 at 4% or $191,529 at 6%.
Innovative Transport Systems Inc. Profit-Sharing Plan and Trust-2$256,159$27,580$13,790iApproximate average salary by contribution assumption: employee only about $344,750 at 4% or $229,833 at 6%; with 50% employer match about $229,833 at 4% or $153,222 at 6%; with 100% employer match about $172,375 at 4% or $114,917 at 6%.
INNOVATIVE TRANSPORT SYSTEMS, INC. PENSION PLAN AN-2$224,750$18,387$9,194iApproximate average salary by contribution assumption: employee only about $229,838 at 4% or $153,225 at 6%; with 50% employer match about $153,225 at 4% or $102,150 at 6%; with 100% employer match about $114,919 at 4% or $76,613 at 6%.