401(k) · DOL Form 5500 · 2022

Innovance, Inc. 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
374
Participants Below avg headcount
89th
Percentile by assets National rank
$144,492
Avg per participant Above avg balance/head
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Official DOL plan name: Innovance, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Innovance, Inc. · Minnesota · Manufacturing

$54M in assets, 374 participants

Innovance, Inc.'s Innovance, Inc. Employee Stock Ownership Plan and Trust reported $54M in total assets and 374 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #17,136 in Manufacturing (20,602 peers)

Coverage in Minnesota

Innovance, Inc. Employee Stock Ownership Plan and Trust covers 374 participants in Minnesota, about 33% of the average Minnesota filer (state average ~1,126 per filing). Assets: $54M.

#17,136
in Manufacturing (20,602 peers)
+9.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Innovance, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Innovance, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$54,040,032 Top 11% higher than 89% 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

Innovance, Inc. Employee Stock Ownership Plan and Trust 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. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (374 participants).

Form 5500 schedule snapshot

Filing strip 410980946 · Innovance, Inc. PY 2022 · 401(k)

Innovance, Inc. Employee Stock Ownership Plan and Trust · $54M · 374 · 89th

  • PART $54M
  • PART 374
  • PART 89th
  • PART 401(k)
  • PART near Tradestation Group, Inc. Employee Savings Retirement Plan
  • PART ind #17136

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. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Bbc Studios Americas, Inc. 401(k) Retirement PlanBbc Studios Americas, Inc. 4…$54MInnovance, Inc. Employee Stock Ownership Plan and TrustInnovance, Inc. Employee Sto…$54MTradestation Group, Inc. Employee Savings Retirement PlanTradestation Group, Inc. Emp…$54MPowersecure, Inc. 401(k) Retirment PlanPowersecure, Inc. 401(k) Ret…$54MMcm Cpas & Advisors LLP 401(k) PlanMcm Cpas & Advisors LLP 401(…$54M
End-of-year total assets ($M) among Innovance, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$50M
Net Income$1M
Employer EIN410980946
Plan Effective Date1976-12-01
Filing StatusFILING 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
$80M$85M$90M$95M 202220232024 $82.2M $91.8M ▲ +11.7%
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.

Innovance, Inc. Employee Stock Ownership Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Innovance, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.054040032 · Participants: 374Innovance, Inc. Employee Stock Ownership Plan and TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Innovance, Inc. Employee Stock Ownership Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Innovance, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Innovance, Inc. Employee Stock Ownership Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Tradestation Group, Inc. Employee Savings Retirement Plan in FL ($54M); by covered participants it is Universal Waste Systems, Inc. 401(k) Plan in CA (374 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (374 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 Innovance, Inc. Employee Stock Ownership Plan and Trust assets move in 2022? ▼
Innovance, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 9.0% during 2022, from $50M to $54M. Reported net income was $1M.
How have Innovance, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovance, Inc.'s sponsor-wide assets grew 11.7%, from $82M to $92M.
Where does Innovance, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Innovance, Inc. Employee Stock Ownership Plan and Trust ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Innovance, Inc. Employee Stock Ownership Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Tradestation Group, Inc. Employee Savings Retirement Plan in FL ($54M, 458 participants).
Which 401(k) plans cover a similar participant headcount to Innovance, Inc. Employee Stock Ownership Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Universal Waste Systems, Inc. 401(k) Plan in CA (374 participants, $7M 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 410980946.

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.