401(k) · DOL Form 5500 · 2024
Inovalon, Inc. 401(k) Plan
Data updated 2026-08-11
- $233M
- Total assets
- 1,770
- Participants
- 95th
- Percentile by assets
- $131,447
- Avg per participant
Official DOL plan name: Inovalon, Inc. 401(k) Retirement Savings Plan · Sponsored by Inovalon, Inc. · Maryland · Professional & Technical Services
$233M in assets, 1,770 participants
Inovalon, Inc.'s Inovalon, Inc. 401(k) Retirement Savings Plan reported $233M in total assets and 1,770 participants in its 2024 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 123,622 plans)
- #19,374 in Professional & Technical Services (20,173 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, $233M for 1,770 participants (~$131,447/participant), up 16.6% in 2024.
- $233M
- total plan assets (2024 EOY)
- 1,770
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $131,447
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Inovalon, Inc. 401(k) Retirement Savings Plan reported net income fell from $37M in the plan year 2023 filing to $30M in the plan year 2024 filing.
- Inovalon, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $200M in the plan year 2023 filing to $233M in the plan year 2024 filing.
- Inovalon, Inc. 401(k) Retirement Savings Plan reported participants rose from 1,694 in the plan year 2023 filing to 1,770 in the plan year 2024 filing.
Inovalon, Inc. 401(k) Retirement Savings Plan vs the 2024 asset distribution
By assets, Inovalon, Inc. 401(k) Retirement Savings Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $200M |
|---|---|
| Net Assets (End of Year) | $233M |
| Net Income | $30M |
| 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 $51.4B · 96,812
- Marriott Retirement Savings Plan $11.7B · 101,417
- T. Rowe Price U.S. Retirement Program $4.9B · 6,639
- Nfl Player Second Career Savings Plan $4.1B · 2,771
- Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees $3.0B · 18,370
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.
- Global Partners LP 401(k) Savings and Profit Sharing Plan (MA) $233M · 4,582
- World Wildlife Fund, Inc. Tax Deferred Pension Plan (DC) $233M · 734
- Ferring Pharmaceuticals Inc. 401(k) Savings Plan (NJ) $233M · 971
- British Airways Savings Plan (NY) $233M · 758
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