401(k) · DOL Form 5500 · 2024

Inova Payroll, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
262
Participants Below avg headcount
65th
Percentile by assets National rank
$60,085
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

$16M in assets, 262 participants

Inova Payroll, Inc.'s Inova Payroll, Inc. 401(k) Plan reported $16M in total assets and 262 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #13,024 in Professional & Technical Services (20,173 peers)

Coverage in Tennessee

Inova Payroll, Inc. 401(k) Plan covers 262 participants in Tennessee, about 23% of the average Tennessee filer (state average ~1,126 per filing). Assets: $16M.

#13,024
in Professional & Technical Services (20,173 peers)
+25.4%
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 2024 · DOL Form 5500

$15,742,348 Top 35% higher than 65% 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

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

Plan-year 2024 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 (262 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Inova Payroll, Inc. 401(k) Plan end-of-year assets rose from $13M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Inova Payroll, Inc. 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Inova Payroll, Inc. 401(k) Plan reported participants fell from 276 in the plan year 2023 filing to 262 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 275141646 · Inova Payroll, Inc. PY 2024 · 401(k)

Inova Payroll, Inc. 401(k) Plan · $16M · 262 · 65th

  • PART $16M
  • TYPE 262
  • NET 65th
  • BOOK 401(k)
  • VS-ST near Delta Solutions & Strategies, LLC 401(k) Plan
  • BOY ind #13024

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…$16MDelta Solutions & Strategies, LLC 401(k) PlanDelta Solutions & Strategies…$16MMartinrea Heavy Stampings Inc. Shelbyville Retirement Savings PlanMartinrea Heavy Stampings In…$16MBi-Rite Management Services, LLC Retirement PlanBi-Rite Management Services,…$16MMidwest Refrigerated 401(k) PlanMidwest Refrigerated 401(k) …$16M
End-of-year total assets ($M) among Inova Payroll, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
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): 0.015742348 · Participants: 262Inova Payroll, Inc. 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/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 Delta Solutions & Strategies, LLC 401(k) Plan in CO ($16M); by covered participants it is Chesapeake Containment Systems 401(k) Plan in NC (262 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (262 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 Inova Payroll, Inc. 401(k) Plan assets move in 2024? ▼
Inova Payroll, Inc. 401(k) Plan grew sharply - up 25.4% during 2024, from $13M to $16M. 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 Delta Solutions & Strategies, LLC 401(k) Plan in CO ($16M, 338 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 Chesapeake Containment Systems 401(k) Plan in NC (262 participants, $6M 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 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.