401(k) · DOL Form 5500 · 2023

Inova Payroll, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
276
Participants Below avg headcount
63rd
Percentile by assets National rank
$45,499
Avg per participant Low balance/head
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Official DOL plan name: Inova Payroll, Inc. 401(k) Plan · Sponsored by Inova Payroll, Inc. · Tennessee · Professional & Technical Services

$13M in assets, 276 participants

Inova Payroll, Inc.'s Inova Payroll, Inc. 401(k) Plan reported $13M in total assets and 276 participants in its 2023 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.

  • #12,726 in Professional & Technical Services (20,321 peers)

Coverage in Tennessee

Inova Payroll, Inc. 401(k) Plan covers 276 participants in Tennessee, about 25% of the average Tennessee filer (state average ~1,126 per filing). Assets: $13M.

#12,726
in Professional & Technical Services (20,321 peers)
+31.4%
assets growth YoY

Inova Payroll, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Inova Payroll, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$12,557,700 Top 37% higher than 63% of 127,068 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 2023

Inova Payroll, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Inova Payroll, Inc. 401(k) Plan sits mid-pack in the medium band (276 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Inova Payroll, Inc. 401(k) Plan reported net income rose from $325K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Inova Payroll, Inc. 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Inova Payroll, Inc. 401(k) Plan reported participants rose from 237 in the plan year 2022 filing to 276 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 275141646 · Inova Payroll, Inc. PY 2023 · 401(k)

Inova Payroll, Inc. 401(k) Plan · $13M · 276 · 63rd

  • EIN $13M
  • EIN 276
  • EIN 63rd
  • EIN 401(k)
  • EIN near Omeda 401(k) Savings Plan
  • EIN ind #12726

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 Professional & Technical Services retirement plans → · Plans in Tennessee →

Inova Payroll, Inc. 401(k) Plan in the asset neighbourhood

Inova Payroll, Inc. 401(k) PlanInova Payroll, Inc. 401(k) P…$13MOmeda 401(k) Savings Plan$13MThe Grand Healthcare System 401(k) PlanThe Grand Healthcare System …$13MSunvair Aerospace Group, Inc. 401(k) PlanSunvair Aerospace Group, Inc…$13MSchunk 401(k) Plan$13M
End-of-year total assets ($M) among Inova Payroll, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN275141646
Plan Effective Date2012-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inova Payroll, Inc.)

Sponsor-wide plan assets over time

All Inova Payroll, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 64.71541494821604% vs 2022
2024 filing year
$8M$10M$12M$14M$16M$18M 202220232024 $9.56M $15.7M ▲ +64.6%
Year Plans Participants Total Assets
2022 1 237 $10M
2023 1 276 $13M
2024 1 262 $16M

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Inova Payroll, Inc. 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Inova Payroll, Inc. 401(k) Plan, Total assets ($B): 0.0125577 · Participants: 276Inova Payroll, Inc. 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Inova Payroll, Inc. 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Inova Payroll, Inc. 401(k) Plan side-by-side with 3 peers →

Inova Payroll, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Omeda 401(k) Savings Plan in IL ($13M); by covered participants it is Deciphera 401(k) Plan in MA (276 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (276 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Inova Payroll, Inc. 401(k) Plan assets move in 2023? ▼
Inova Payroll, Inc. 401(k) Plan surged - up 31.4% during 2023, from $10M to $13M. Reported net income was $3M.
How have Inova Payroll, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Inova Payroll, Inc.'s sponsor-wide assets grew 64.7%, from $10M to $16M.
Which 401(k) plans are similar in size to Inova Payroll, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Omeda 401(k) Savings Plan in IL ($13M, 171 participants).
Which 401(k) plans cover a similar participant headcount to Inova Payroll, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Deciphera 401(k) Plan in MA (276 participants, $45M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 275141646.

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.