401(k) · DOL Form 5500 · 2024

Innovance, Inc. 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
385
Participants Below avg headcount
86th
Percentile by assets National rank
$149,914
Avg per participant Above avg balance/head
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Official DOL plan name: Innovance, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Innovance, Inc. · Minnesota · Manufacturing

$58M in assets, 385 participants

Innovance, Inc.'s Innovance, Inc. Employee Stock Ownership Plan and Trust reported $58M in total assets and 385 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,152 in Manufacturing (17,777 peers)

Coverage in Minnesota

Innovance, Inc. Employee Stock Ownership Plan and Trust covers 385 participants in Minnesota, about 34% of the average Minnesota filer (state average ~1,126 per filing). Assets: $58M.

#14,152
in Manufacturing (17,777 peers)
+5.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Innovance, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Innovance, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$57,716,885 Top 14% higher than 86% 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

Innovance, Inc. Employee Stock Ownership Plan and Trust 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. Innovance, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (385 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Innovance, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $1M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Innovance, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $55M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • Innovance, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 389 in the plan year 2023 filing to 385 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410980946 · Innovance, Inc. PY 2024 · 401(k)

Innovance, Inc. Employee Stock Ownership Plan and Trust · $58M · 385 · 86th

  • EBSA $58M
  • EBSA 385
  • EBSA 86th
  • EBSA 401(k)
  • EBSA near Northwinds Technology Solutions Retirement Plan
  • EBSA ind #14152

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 Manufacturing retirement plans → · Plans in Minnesota →

Innovance, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Epcor USA Inc. 401(k) Savings PlanEpcor USA Inc. 401(k) Saving…$58MInnovance, Inc. Employee Stock Ownership Plan and TrustInnovance, Inc. Employee Sto…$58MNorthwinds Technology Solutions Retirement PlanNorthwinds Technology Soluti…$58MBernhardt Furniture Company Retirement PlanBernhardt Furniture Company …$58MCreare 401(k) Savings and Retirement Plan and TrustCreare 401(k) Savings and Re…$58M
End-of-year total assets ($M) among Innovance, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$55M
Net Income$3M
Employer EIN410980946
Plan Effective Date1976-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovance, Inc.)

Sponsor-wide plan assets over time

All Innovance, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$92M 11.714442288446552% vs 2022
2024 filing year
$80M$85M$90M$95M 202220232024 $82.2M $91.8M ▲ +11.7%
Year Plans Participants Total Assets
2022 2 772 $82M
2023 2 806 $86M
2024 2 780 $92M

Nearby 401(k) Plans in Minnesota

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

Innovance, Inc. Employee Stock Ownership Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Innovance, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.057716885 · Participants: 385Innovance, Inc. Employee Stock Ownership Plan and TrustWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Innovance, Inc. Employee Stock Ownership Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Innovance, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Innovance, Inc. Employee Stock Ownership Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Northwinds Technology Solutions Retirement Plan in WI ($58M); by covered participants it is Harmac Medical Products, Inc. Retirement Savings Plan in NY (385 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (385 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 Innovance, Inc. Employee Stock Ownership Plan and Trust assets move in 2024? ▼
Innovance, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 5.2% during 2024, from $55M to $58M. Reported net income was $3M.
How have Innovance, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Innovance, Inc.'s sponsor-wide assets grew 11.7%, from $82M to $92M.
Where does Innovance, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Innovance, Inc. Employee Stock Ownership Plan and Trust ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Innovance, Inc. Employee Stock Ownership Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Northwinds Technology Solutions Retirement Plan in WI ($58M, 224 participants).
Which 401(k) plans cover a similar participant headcount to Innovance, Inc. Employee Stock Ownership Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Harmac Medical Products, Inc. Retirement Savings Plan in NY (385 participants, $24M 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 410980946.

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.