401(k) · DOL Form 5500 · 2023
Inovalon, Inc. 401(k) Plan
Data updated 2026-08-11
- $200M
- Total assets
- 1,694
- Participants
- 95th
- Percentile by assets
- $117,835
- Avg per participant
Official DOL plan name: Inovalon, Inc. 401(k) Retirement Savings Plan · Sponsored by Inovalon, Inc. · Maryland · Professional & Technical Services
$200M in assets, 1,694 participants
Inovalon, Inc.'s Inovalon, Inc. 401(k) Retirement Savings Plan reported $200M in total assets and 1,694 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 127,072 plans)
- #19,503 in Professional & Technical Services (20,321 peers)
Where Inovalon, Inc. 401(k) Retirement Savings Plan sits by assets
Inovalon, Inc. 401(k) Retirement Savings Plan sits in the top 5% of all filed plans by assets, $200M for 1,694 participants (~$117,835/participant), up 9.8% in 2023.
- $200M
- total plan assets (2023 EOY)
- 1,694
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $117,835
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Inovalon, Inc. 401(k) Retirement Savings Plan reported net income rose from -$17M in the plan year 2022 filing to $37M in the plan year 2023 filing.
- Inovalon, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $182M in the plan year 2022 filing to $200M in the plan year 2023 filing.
- Inovalon, Inc. 401(k) Retirement Savings Plan reported participants rose from 1,670 in the plan year 2022 filing to 1,694 in the plan year 2023 filing.
Inovalon, Inc. 401(k) Retirement Savings Plan vs the 2023 asset distribution
By assets, Inovalon, Inc. 401(k) Retirement Savings Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $182M |
|---|---|
| Net Assets (End of Year) | $200M |
| Net Income | $37M |
| Employer EIN | 711017974 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Inovalon, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,670 | $182M |
| 2023 | 1 | 1,694 | $200M |
| 2024 | 1 | 1,770 | $233M |
Nearby 401(k) Plans in Maryland
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Inovalon, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
- Lockheed Martin Corporation Salaried Savings Plan $47.3B · 91,511
- Marriott Retirement Savings Plan $10.2B · 96,415
- T. Rowe Price U.S. Retirement Program $4.4B · 6,292
- Nfl Player Second Career Savings Plan $4.0B · 2,767
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $2.2B · 80,121
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Inovalon, Inc. 401(k) Retirement Savings Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on Inovalon, Inc. 401(k) Retirement Savings Plan's numbers.
- By total assets, Inovalon, Inc. 401(k) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
- Inovalon, Inc.'s sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans