401(k) · DOL Form 5500 · 2024

Inovalon, Inc. 401(k) Plan

Data updated 2026-08-25

$233M
Total assets Near avg plan size
1,770
Participants Near avg headcount
95th
Percentile by assets National rank
$131,447
Avg per participant Near avg balance/head
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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.

  • #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.

#19,374
in Professional & Technical Services (20,173 peers)
+16.6%
assets growth YoY
2.3×
vs typical plan assets (national mean)

Inovalon, Inc. 401(k) Retirement Savings Plan's outsized position by total assets

Inovalon, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$232,660,531 Top 5% higher than 95% of 123,620 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 2024

Inovalon, Inc. 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Inovalon, Inc. 401(k) Retirement Savings Plan lands in the large band (1,770 participants).

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 711017974 · Inovalon, Inc. PY 2024 · 401(k)

Inovalon, Inc. 401(k) Retirement Savings Plan · $233M · 1,770 · 95th

  • 5500 $233M
  • ASSETS 1,770
  • PCT 95th
  • EIN 401(k)
  • RANK near Global Partners LP 401(k) Savings and Profit Sharing Plan
  • PHOTO ind #19374

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 Maryland →

Inovalon, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Ferring Pharmaceuticals Inc. 401(k) Savings PlanFerring Pharmaceuticals Inc.…$233MGlobal Partners LP 401(k) Savings and Profit Sharing PlanGlobal Partners LP 401(k) Sa…$233MInovalon, Inc. 401(k) Retirement Savings PlanInovalon, Inc. 401(k) Retire…$233MWorld Wildlife Fund, Inc. Tax Deferred Pension PlanWorld Wildlife Fund, Inc. Ta…$233MBritish Airways Savings Plan$233M
End-of-year total assets ($M) among Inovalon, Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$200M
Net Assets (End of Year)$233M
Net Income$30M
Employer EIN711017974
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inovalon, Inc.)

Sponsor-wide plan assets over time

All Inovalon, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$233M 28.031406550724675% vs 2022
2024 filing year
$160M$180M$200M$220M$240M 202220232024 $182M $233M ▲ +28.0%
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 Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Inovalon, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.232660531 · Participants: 1770Inovalon, Inc. 401(k) Retirement Savings PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Inovalon, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Inovalon, Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

Inovalon, Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Global Partners LP 401(k) Savings and Profit Sharing Plan in MA ($233M); by covered participants it is Eresearch Technology 401(k) Plan in PA (1,770 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,770 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Inovalon, Inc. 401(k) Retirement Savings Plan assets move in 2024? ▼
Inovalon, Inc. 401(k) Retirement Savings Plan grew sharply - up 16.6% during 2024, from $200M to $233M. Reported net income was $30M.
How have Inovalon, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Inovalon, Inc.'s sponsor-wide assets grew 28.0%, from $182M to $233M.
Where does Inovalon, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Inovalon, Inc. 401(k) Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Inovalon, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Global Partners LP 401(k) Savings and Profit Sharing Plan in MA ($233M, 4,582 participants).
Which 401(k) plans cover a similar participant headcount to Inovalon, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eresearch Technology 401(k) Plan in PA (1,770 participants, $309M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 711017974.

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.