ESOP · DOL Form 5500 · 2023

Innotion Enterprises, Inc. ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
12
Participants Small participant base
58th
Percentile by assets National rank
$822,688
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Innotion Enterprises, Inc. Employee Stock Ownership Plan · Sponsored by Innotion Enterprises, Inc. · Virginia · Professional & Technical Services

$10M in assets, 12 participants

Innotion Enterprises, Inc.'s Innotion Enterprises, Inc. Employee Stock Ownership Plan reported $10M in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #11,554 in Professional & Technical Services (20,321 peers)

Innotion Enterprises, Inc. multi-year trail

Innotion Enterprises, Inc.'s plans moved -15.4% in assets from 2022 to 2024; this filing shows Innotion Enterprises, Inc. Employee Stock Ownership Plan at $10M / 12 participants.

#11,554
in Professional & Technical Services (20,321 peers)
-11.4%
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.

Innotion Enterprises, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Innotion Enterprises, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$9,872,252 Top 42% higher than 58% 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

Innotion Enterprises, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Innotion Enterprises, Inc. Employee Stock Ownership Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Innotion Enterprises, Inc. Employee Stock Ownership Plan reported net income fell from -$523K in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Innotion Enterprises, Inc. Employee Stock Ownership Plan end-of-year assets fell from $11M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Innotion Enterprises, Inc. Employee Stock Ownership Plan reported participants rose from 11 in the plan year 2022 filing to 12 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 522016043 · Innotion Enterprises, Inc. PY 2023 · ESOP

Innotion Enterprises, Inc. Employee Stock Ownership Plan · $10M · 12 · 58th

  • BOOK $10M
  • VS-ST 12
  • BOY 58th
  • SCH ESOP
  • EBSA near Page Southerland Page, Inc. Employee Stock Ownership Plan
  • PART ind #11554

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 Virginia →

Innotion Enterprises, Inc. Employee Stock Ownership Plan in the asset neighbourhood

American Asphalt Company, Inc. Employee Stock Ownership PlanAmerican Asphalt Company, In…$10MLake Elmo Bank Employee Stock Ownership PlanLake Elmo Bank Employee Stoc…$10MInnotion Enterprises, Inc. Employee Stock Ownership PlanInnotion Enterprises, Inc. E…$10MPage Southerland Page, Inc. Employee Stock Ownership PlanPage Southerland Page, Inc. …$10MW Bbq Holdings, Inc. Employee Stock Ownership PlanW Bbq Holdings, Inc. Employe…$10M
End-of-year total assets ($M) among Innotion Enterprises, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Innotion Enterprises, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Innotion Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 15.409603462332361% vs 2022
2024 filing year
$9M$10M$11M$12M 202220232024 $11.1M $9.42M ▼ -15.4%
Year Plans Participants Total Assets
2022 1 11 $11M
2023 1 12 $10M
2024 1 11 $9M

Innotion Enterprises, Inc. filing trail (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$1M
Employer EIN522016043
Plan Effective Date2013-11-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

Innotion Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Innotion Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.009872252 · Participants: 12Innotion Enterprises, Inc. Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
Innotion Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Innotion Enterprises, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Innotion Enterprises, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Page Southerland Page, Inc. Employee Stock Ownership Plan in TX ($10M); by covered participants it is Sonoran Crest Construction Employee Stock Ownership Plan in AZ (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Innotion Enterprises, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Innotion Enterprises, Inc. Employee Stock Ownership Plan pulled back noticeably - down 11.4% during 2023, from $11M to $10M. Reported net income was -$1M.
How have Innotion Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innotion Enterprises, Inc.'s sponsor-wide assets declined 15.4%, from $11M to $9M.
Which ESOP plans are similar in size to Innotion Enterprises, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Page Southerland Page, Inc. Employee Stock Ownership Plan in TX ($10M, 1,271 participants).
Which ESOP plans cover a similar participant headcount to Innotion Enterprises, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Sonoran Crest Construction Employee Stock Ownership Plan in AZ (12 participants, $940K 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 522016043.

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.