Civic Intelligence

Init Innovations in Transportation Inc.

Plan context: Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan

EIN 54-1930353 • Chesapeake, VA • 28 filings • 8 plans

424 Network StationChesapeake, VA 23320
Current Snapshot

Latest Year

2024

2024 Participants

150

2024 Assets

$16,327,887

2024 Contributions

$1,741,481

Historical Graphs

Total Assets Over Time

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

$16,327,887$8,163,944$0200220132024YearValue
$16,327,887Latest year 2024

Participants Over Time

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

150750200220132024YearValue
150Latest 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
20242150$16,327,887$1,741,481$11,610iApproximate average salary by contribution assumption: employee only about $290,247 at 4% or $193,498 at 6%; with 50% employer match about $193,498 at 4% or $128,999 at 6%; with 100% employer match about $145,123 at 4% or $96,749 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-150$16,327,887$1,741,481$11,610iApproximate average salary by contribution assumption: employee only about $290,247 at 4% or $193,498 at 6%; with 50% employer match about $193,498 at 4% or $128,999 at 6%; with 100% employer match about $145,123 at 4% or $96,749 at 6%.
Init Health and Welfare Plan-143---
20232129$13,142,623$1,478,659$11,462iApproximate average salary by contribution assumption: employee only about $286,562 at 4% or $191,041 at 6%; with 50% employer match about $191,041 at 4% or $127,361 at 6%; with 100% employer match about $143,281 at 4% or $95,521 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-129$13,142,623$1,478,659$11,462iApproximate average salary by contribution assumption: employee only about $286,562 at 4% or $191,041 at 6%; with 50% employer match about $191,041 at 4% or $127,361 at 6%; with 100% employer match about $143,281 at 4% or $95,521 at 6%.
Init Health and Welfare Plan-120---
20222121$9,950,725$1,380,159$11,406iApproximate average salary by contribution assumption: employee only about $285,157 at 4% or $190,105 at 6%; with 50% employer match about $190,105 at 4% or $126,736 at 6%; with 100% employer match about $142,578 at 4% or $95,052 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-121$9,950,725$1,380,159$11,406iApproximate average salary by contribution assumption: employee only about $285,157 at 4% or $190,105 at 6%; with 50% employer match about $190,105 at 4% or $126,736 at 6%; with 100% employer match about $142,578 at 4% or $95,052 at 6%.
Init Health and Welfare Plan-116---
20212120$11,010,399$1,213,827$10,115iApproximate average salary by contribution assumption: employee only about $252,881 at 4% or $168,587 at 6%; with 50% employer match about $168,587 at 4% or $112,391 at 6%; with 100% employer match about $126,440 at 4% or $84,294 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-120$11,010,399$1,213,827$10,115iApproximate average salary by contribution assumption: employee only about $252,881 at 4% or $168,587 at 6%; with 50% employer match about $168,587 at 4% or $112,391 at 6%; with 100% employer match about $126,440 at 4% or $84,294 at 6%.
Init Health and Welfare Plan-114---
20202136$9,029,681$1,593,513$11,717iApproximate average salary by contribution assumption: employee only about $292,925 at 4% or $195,283 at 6%; with 50% employer match about $195,283 at 4% or $130,189 at 6%; with 100% employer match about $146,463 at 4% or $97,642 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-136$9,029,681$1,593,513$11,717iApproximate average salary by contribution assumption: employee only about $292,925 at 4% or $195,283 at 6%; with 50% employer match about $195,283 at 4% or $130,189 at 6%; with 100% employer match about $146,463 at 4% or $97,642 at 6%.
Init Life Welfare Plan-0---
20191125$6,151,303$978,545$7,828iApproximate average salary by contribution assumption: employee only about $195,709 at 4% or $130,473 at 6%; with 50% employer match about $130,473 at 4% or $86,982 at 6%; with 100% employer match about $97,855 at 4% or $65,236 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-125$6,151,303$978,545$7,828iApproximate average salary by contribution assumption: employee only about $195,709 at 4% or $130,473 at 6%; with 50% employer match about $130,473 at 4% or $86,982 at 6%; with 100% employer match about $97,855 at 4% or $65,236 at 6%.
20181102$5,587,184$1,113,049$10,912iApproximate average salary by contribution assumption: employee only about $272,806 at 4% or $181,871 at 6%; with 50% employer match about $181,871 at 4% or $121,247 at 6%; with 100% employer match about $136,403 at 4% or $90,935 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-102$5,587,184$1,113,049$10,912iApproximate average salary by contribution assumption: employee only about $272,806 at 4% or $181,871 at 6%; with 50% employer match about $181,871 at 4% or $121,247 at 6%; with 100% employer match about $136,403 at 4% or $90,935 at 6%.
2017196$5,198,476$559,468$5,828iApproximate average salary by contribution assumption: employee only about $145,695 at 4% or $97,130 at 6%; with 50% employer match about $97,130 at 4% or $64,753 at 6%; with 100% employer match about $72,847 at 4% or $48,565 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-96$5,198,476$559,468$5,828iApproximate average salary by contribution assumption: employee only about $145,695 at 4% or $97,130 at 6%; with 50% employer match about $97,130 at 4% or $64,753 at 6%; with 100% employer match about $72,847 at 4% or $48,565 at 6%.
2016190$3,938,306$1,274,314$14,159iApproximate average salary by contribution assumption: employee only about $353,976 at 4% or $235,984 at 6%; with 50% employer match about $235,984 at 4% or $157,323 at 6%; with 100% employer match about $176,988 at 4% or $117,992 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-90$3,938,306$1,274,314$14,159iApproximate average salary by contribution assumption: employee only about $353,976 at 4% or $235,984 at 6%; with 50% employer match about $235,984 at 4% or $157,323 at 6%; with 100% employer match about $176,988 at 4% or $117,992 at 6%.
2015180$2,527,398$432,952$5,412iApproximate average salary by contribution assumption: employee only about $135,298 at 4% or $90,198 at 6%; with 50% employer match about $90,198 at 4% or $60,132 at 6%; with 100% employer match about $67,649 at 4% or $45,099 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-80$2,527,398$432,952$5,412iApproximate average salary by contribution assumption: employee only about $135,298 at 4% or $90,198 at 6%; with 50% employer match about $90,198 at 4% or $60,132 at 6%; with 100% employer match about $67,649 at 4% or $45,099 at 6%.
2014170$2,234,782$299,495$4,279iApproximate average salary by contribution assumption: employee only about $106,963 at 4% or $71,308 at 6%; with 50% employer match about $71,308 at 4% or $47,539 at 6%; with 100% employer match about $53,481 at 4% or $35,654 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-70$2,234,782$299,495$4,279iApproximate average salary by contribution assumption: employee only about $106,963 at 4% or $71,308 at 6%; with 50% employer match about $71,308 at 4% or $47,539 at 6%; with 100% employer match about $53,481 at 4% or $35,654 at 6%.
2013169$1,867,171$289,383$4,194iApproximate average salary by contribution assumption: employee only about $104,849 at 4% or $69,899 at 6%; with 50% employer match about $69,899 at 4% or $46,600 at 6%; with 100% employer match about $52,424 at 4% or $34,950 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-69$1,867,171$289,383$4,194iApproximate average salary by contribution assumption: employee only about $104,849 at 4% or $69,899 at 6%; with 50% employer match about $69,899 at 4% or $46,600 at 6%; with 100% employer match about $52,424 at 4% or $34,950 at 6%.
2012162$1,417,433$271,082$4,372iApproximate average salary by contribution assumption: employee only about $109,307 at 4% or $72,872 at 6%; with 50% employer match about $72,872 at 4% or $48,581 at 6%; with 100% employer match about $54,654 at 4% or $36,436 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-62$1,417,433$271,082$4,372iApproximate average salary by contribution assumption: employee only about $109,307 at 4% or $72,872 at 6%; with 50% employer match about $72,872 at 4% or $48,581 at 6%; with 100% employer match about $54,654 at 4% or $36,436 at 6%.
2011155$1,086,590$220,507$4,009iApproximate average salary by contribution assumption: employee only about $100,230 at 4% or $66,820 at 6%; with 50% employer match about $66,820 at 4% or $44,547 at 6%; with 100% employer match about $50,115 at 4% or $33,410 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-55$1,086,590$220,507$4,009iApproximate average salary by contribution assumption: employee only about $100,230 at 4% or $66,820 at 6%; with 50% employer match about $66,820 at 4% or $44,547 at 6%; with 100% employer match about $50,115 at 4% or $33,410 at 6%.
2010141$960,366$177,024$4,318iApproximate average salary by contribution assumption: employee only about $107,941 at 4% or $71,961 at 6%; with 50% employer match about $71,961 at 4% or $47,974 at 6%; with 100% employer match about $53,971 at 4% or $35,980 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-41$960,366$177,024$4,318iApproximate average salary by contribution assumption: employee only about $107,941 at 4% or $71,961 at 6%; with 50% employer match about $71,961 at 4% or $47,974 at 6%; with 100% employer match about $53,971 at 4% or $35,980 at 6%.
2009136$749,000$172,090$4,780iApproximate average salary by contribution assumption: employee only about $119,507 at 4% or $79,671 at 6%; with 50% employer match about $79,671 at 4% or $53,114 at 6%; with 100% employer match about $59,753 at 4% or $39,836 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-36$749,000$172,090$4,780iApproximate average salary by contribution assumption: employee only about $119,507 at 4% or $79,671 at 6%; with 50% employer match about $79,671 at 4% or $53,114 at 6%; with 100% employer match about $59,753 at 4% or $39,836 at 6%.
2008146$534,018$162,069$3,523iApproximate average salary by contribution assumption: employee only about $88,081 at 4% or $58,721 at 6%; with 50% employer match about $58,721 at 4% or $39,147 at 6%; with 100% employer match about $44,040 at 4% or $29,360 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-46$534,018$162,069$3,523iApproximate average salary by contribution assumption: employee only about $88,081 at 4% or $58,721 at 6%; with 50% employer match about $58,721 at 4% or $39,147 at 6%; with 100% employer match about $44,040 at 4% or $29,360 at 6%.
2007138$602,753$134,444$3,538iApproximate average salary by contribution assumption: employee only about $88,450 at 4% or $58,967 at 6%; with 50% employer match about $58,967 at 4% or $39,311 at 6%; with 100% employer match about $44,225 at 4% or $29,483 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-38$602,753$134,444$3,538iApproximate average salary by contribution assumption: employee only about $88,450 at 4% or $58,967 at 6%; with 50% employer match about $58,967 at 4% or $39,311 at 6%; with 100% employer match about $44,225 at 4% or $29,483 at 6%.
2006134$442,847$109,305$3,215iApproximate average salary by contribution assumption: employee only about $80,371 at 4% or $53,581 at 6%; with 50% employer match about $53,581 at 4% or $35,721 at 6%; with 100% employer match about $40,186 at 4% or $26,790 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-34$442,847$109,305$3,215iApproximate average salary by contribution assumption: employee only about $80,371 at 4% or $53,581 at 6%; with 50% employer match about $53,581 at 4% or $35,721 at 6%; with 100% employer match about $40,186 at 4% or $26,790 at 6%.
2005129$342,859$103,301$3,562iApproximate average salary by contribution assumption: employee only about $89,053 at 4% or $59,368 at 6%; with 50% employer match about $59,368 at 4% or $39,579 at 6%; with 100% employer match about $44,526 at 4% or $29,684 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-29$342,859$103,301$3,562iApproximate average salary by contribution assumption: employee only about $89,053 at 4% or $59,368 at 6%; with 50% employer match about $59,368 at 4% or $39,579 at 6%; with 100% employer match about $44,526 at 4% or $29,684 at 6%.
2004129$271,570$113,231$3,905iApproximate average salary by contribution assumption: employee only about $97,613 at 4% or $65,075 at 6%; with 50% employer match about $65,075 at 4% or $43,384 at 6%; with 100% employer match about $48,806 at 4% or $32,538 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-29$271,570$113,231$3,905iApproximate average salary by contribution assumption: employee only about $97,613 at 4% or $65,075 at 6%; with 50% employer match about $65,075 at 4% or $43,384 at 6%; with 100% employer match about $48,806 at 4% or $32,538 at 6%.
2003128$155,282$90,433$3,230iApproximate average salary by contribution assumption: employee only about $80,744 at 4% or $53,829 at 6%; with 50% employer match about $53,829 at 4% or $35,886 at 6%; with 100% employer match about $40,372 at 4% or $26,915 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-28$155,282$90,433$3,230iApproximate average salary by contribution assumption: employee only about $80,744 at 4% or $53,829 at 6%; with 50% employer match about $53,829 at 4% or $35,886 at 6%; with 100% employer match about $40,372 at 4% or $26,915 at 6%.
2002119$51,221$51,837$2,728iApproximate average salary by contribution assumption: employee only about $68,207 at 4% or $45,471 at 6%; with 50% employer match about $45,471 at 4% or $30,314 at 6%; with 100% employer match about $34,103 at 4% or $22,736 at 6%.
Init Innovations in Transportation Inc. 401(K) Profit Sharing Plan-19$51,221$51,837$2,728iApproximate average salary by contribution assumption: employee only about $68,207 at 4% or $45,471 at 6%; with 50% employer match about $45,471 at 4% or $30,314 at 6%; with 100% employer match about $34,103 at 4% or $22,736 at 6%.