401(k) · DOL Form 5500 · 2022
Innovance, Inc. 401(k) Plan
Data updated 2026-08-25
- $28M
- Total assets Below avg plan size
- 398
- Participants Below avg headcount
- 82nd
- Percentile by assets National rank
- $70,656
- Avg per participant Below avg balance/head
Official DOL plan name: Innovance, Inc. 401(k) Plan · Sponsored by Innovance, Inc. · Minnesota · Manufacturing
$28M in assets, 398 participants
Innovance, Inc.'s Innovance, Inc. 401(k) Plan reported $28M in total assets and 398 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #15,338 in Manufacturing (20,602 peers)
Coverage in Minnesota
Innovance, Inc. 401(k) Plan covers 398 participants in Minnesota, about 35% of the average Minnesota filer (state average ~1,126 per filing). Assets: $28M.
- #15,338
- in Manufacturing (20,602 peers)
- -18.5%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Innovance, Inc. 401(k) Plan's outsized position by total assets
Innovance, Inc. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$28,120,943 Top 18% higher than 82% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Innovance, Inc. 401(k) Plan among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Innovance, Inc. 401(k) Plan sits mid-pack in the medium band (398 participants).
EBSA filing schedule strip
Filing strip 410980946 · Innovance, Inc. PY 2022 · 401(k)
Innovance, Inc. 401(k) Plan · $28M · 398 · 82nd
- PHOTO $28M
- IND 398
- EOY 82nd
- 5500 401(k)
- ASSETS near Ranch and Home Supply, LLC 401(k) Plan
- PCT ind #15338
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →
Innovance, Inc. 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $35M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | -$7M |
| Employer EIN | 410980946 |
| Plan Effective Date | 1976-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Innovance, Inc.)
Sponsor-wide plan assets over time
All Innovance, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $92M 11.714442288446552% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 772 | $82M |
| 2023 | 2 | 806 | $86M |
| 2024 | 2 | 780 | $92M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Innovance, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Ranch and Home Supply, LLC 401(k) Plan in MT ($28M); by covered participants it is Prime Ae Group, Inc. 401(k) Plan in OH (398 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($28M here).
Similar participant headcount
Nearest other-state filings by covered participants (398 participants); asset peers above are excluded.
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.