ESOP · DOL Form 5500 · 2022

Innotec Corporation ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
131
Participants Small participant base
63rd
Percentile by assets National rank
$68,640
Avg per participant Below avg balance/head
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Official DOL plan name: Innotec Employee Stock Ownership Plan · Sponsored by Innotec Corporation · Michigan · Manufacturing

$9M in assets, 131 participants

Innotec Corporation's Innotec Employee Stock Ownership Plan reported $9M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 63rd 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.

  • #10,172 in Manufacturing (20,602 peers)

Coverage in Michigan

Innotec Employee Stock Ownership Plan covers 131 participants in Michigan, about 21% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#10,172
in Manufacturing (20,602 peers)
-12.5%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Innotec Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Innotec Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$8,991,789 Top 37% higher than 63% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Innotec Employee Stock Ownership 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. Innotec Employee Stock Ownership Plan sits mid-pack in the medium band (131 participants).

Published 5500 schedule card

Filing strip 383076153 · Innotec Corporation PY 2022 · ESOP

Innotec Employee Stock Ownership Plan · $9M · 131 · 63rd

  • EBSA $9M
  • PART 131
  • TYPE 63rd
  • NET ESOP
  • BOOK near Kafl, Inc. Employee Stock Ownership Plan
  • VS-ST ind #10172

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 What is an ESOP? → · Plans in Michigan →

Innotec Employee Stock Ownership Plan in the asset neighbourhood

Sohnen Enterprises, Inc. Employee Stock Ownership PlanSohnen Enterprises, Inc. Emp…$9MInnotec Employee Stock Ownership PlanInnotec Employee Stock Owner…$9MKafl, Inc. Employee Stock Ownership PlanKafl, Inc. Employee Stock Ow…$9MDelta Airport Consultants, Inc. Employee Stock Ownership PlanDelta Airport Consultants, I…$9MRyco Inc. Employee Stock Ownership PlanRyco Inc. Employee Stock Own…$9M
End-of-year total assets ($M) among Innotec Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$1M
Employer EIN383076153
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innotec Corporation)

Sponsor-wide plan assets over time

All Innotec Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$30M 22.429020791785057% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $24.3M $29.7M ▲ +22.4%
Year Plans Participants Total Assets
2022 2 278 $24M
2023 2 347 $28M
2024 2 323 $30M

Nearby ESOP Plans in Michigan

Peer ESOP plans, same state, same plan type, ranked by total assets.

Innotec Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -0.500.511.5 Total assets ($B) Participants Innotec Employee Stock Ownership Plan, Total assets ($B): 0.008991789 · Participants: 131Innotec Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Innotec Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Innotec Employee Stock Ownership Plan side-by-side with 3 peers →

Innotec Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Kafl, Inc. Employee Stock Ownership Plan in NY ($9M); by covered participants it is Bluewater Constructors, Inc. Employee Stock Ownership Plan in TX (131 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (131 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.

Frequently Asked Questions

How did Innotec Employee Stock Ownership Plan assets move in 2022? ▼
Innotec Employee Stock Ownership Plan pulled back noticeably - down 12.5% during 2022, from $10M to $9M. Reported net income was -$1M.
How have Innotec Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innotec Corporation's sponsor-wide assets grew 22.4%, from $24M to $30M.
Which ESOP plans are similar in size to Innotec Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Kafl, Inc. Employee Stock Ownership Plan in NY ($9M, 27 participants).
Which ESOP plans cover a similar participant headcount to Innotec Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Bluewater Constructors, Inc. Employee Stock Ownership Plan in TX (131 participants, $29M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 383076153.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.