401(k) · DOL Form 5500 · 2023

Innovation Ventures, LLC 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
442
Participants Below avg headcount
78th
Percentile by assets National rank
$62,285
Avg per participant Low balance/head
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Official DOL plan name: Innovation Ventures, LLC 401(k) Plan · Sponsored by Innovation Ventures, LLC · Michigan · Wholesale Trade

$28M in assets, 442 participants

Innovation Ventures, LLC's Innovation Ventures, LLC 401(k) Plan reported $28M in total assets and 442 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #4,848 in Wholesale Trade (6,309 peers)

Where Innovation Ventures, LLC 401(k) Plan sits by assets

Innovation Ventures, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $28M for 442 participants (~$62,285/participant), up 26.1% in 2023.

#4,848
in Wholesale Trade (6,309 peers)
+26.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Innovation Ventures, LLC 401(k) Plan's outsized position by total assets

Innovation Ventures, LLC 401(k) Plan vs every filed plan by assets

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

$27,529,977 Top 22% higher than 78% 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

Innovation Ventures, LLC 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. Innovation Ventures, LLC 401(k) Plan sits mid-pack in the medium band (442 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Innovation Ventures, LLC 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Innovation Ventures, LLC 401(k) Plan end-of-year assets rose from $22M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Innovation Ventures, LLC 401(k) Plan reported participants rose from 401 in the plan year 2022 filing to 442 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 383543942 · Innovation Ventures, LLC PY 2023 · 401(k)

Innovation Ventures, LLC 401(k) Plan · $28M · 442 · 78th

  • EOY $28M
  • EOY 442
  • EOY 78th
  • EOY 401(k)
  • EOY near Backblaze, Inc. 401(k) Profit Sharing Plan and Trust
  • EOY ind #4848

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 Wholesale Trade retirement plans → · Plans in Michigan →

Innovation Ventures, LLC 401(k) Plan in the asset neighbourhood

Innovation Ventures, LLC 401(k) PlanInnovation Ventures, LLC 401…$28MBackblaze, Inc. 401(k) Profit Sharing Plan and TrustBackblaze, Inc. 401(k) Profi…$28MCnh Industrial Hourly Parts Depots Retirement Savings PlanCnh Industrial Hourly Parts …$28MParsons Company, Inc. Profit Sharing and 401(k) PlanParsons Company, Inc. Profit…$28MInw Manufacturing 401(k) Plan$28M
End-of-year total assets ($M) among Innovation Ventures, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$28M
Net Income$6M
Employer EIN383543942
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovation Ventures, LLC)

Sponsor-wide plan assets over time

All Innovation Ventures, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$32M 48.41603245790871% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $21.8M $32.4M ▲ +48.4%
Year Plans Participants Total Assets
2022 1 401 $22M
2023 1 442 $28M
2024 1 526 $32M

Nearby 401(k) Plans in Michigan

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

Innovation Ventures, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Innovation Ventures, LLC 401(k) Plan, Total assets ($B): 0.027529977 · Participants: 442Innovation Ventures, LLC 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Innovation Ventures, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Innovation Ventures, LLC 401(k) Plan side-by-side with 3 peers →

Innovation Ventures, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Backblaze, Inc. 401(k) Profit Sharing Plan and Trust in CA ($28M); by covered participants it is Westcor Companies 401(k) Plan in NV (442 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (442 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 Innovation Ventures, LLC 401(k) Plan assets move in 2023? ▼
Innovation Ventures, LLC 401(k) Plan grew sharply - up 26.1% during 2023, from $22M to $28M. Reported net income was $6M.
How have Innovation Ventures, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovation Ventures, LLC's sponsor-wide assets grew 48.4%, from $22M to $32M.
Where does Innovation Ventures, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Innovation Ventures, LLC 401(k) Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Innovation Ventures, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Backblaze, Inc. 401(k) Profit Sharing Plan and Trust in CA ($28M, 395 participants).
Which 401(k) plans cover a similar participant headcount to Innovation Ventures, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Westcor Companies 401(k) Plan in NV (442 participants, $687K 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 383543942.

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.