Other
2024 plan-year Other DOL Form 5500

Innovance, Inc. Employee Stock Ownership Plan and Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Innovance, Inc. · Minnesota · Manufacturing

What the 2023 filing shows

Innovance, Inc. Employee Stock Ownership Plan and Trust holds $58M for 385 participants — about $149,914 per participant, up 5.2% over the 2024 plan year.

$58M
total plan assets (2024 EOY)
385
covered participants
$149,914
avg assets per participant
+5.2%
assets growth YoY
Total Assets (2023)
$58M
Participants
385
State
Industry
Manufacturing

What the Filing Says About Innovance, Inc. Employee Stock Ownership Plan and Trust

Innovance, Inc. Employee Stock Ownership Plan and Trust is a Other retirement plan sponsored by Innovance, Inc., headquartered in Minnesota. As of the 2024 Form 5500 filing, the plan reports $58M in total end-of-year assets and covers 385 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 410980946, and the plan has been effective since 1976-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $55M at the beginning of 2024 to $58M at year-end — a gain of 5.2%. Net assets (after liabilities) closed the year at $55M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$55M
Total Assets (End of Year)$58M
Net Assets (End of Year)$55M
Net Income$3M
Plan TypeOther
Employer EIN410980946
Plan Effective Date1976-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innovance, Inc.)

Year Plans Participants Total Assets
2022 2 772 $82M
2023 2 806 $86M
2024 2 780 $92M

Nearby Other Plans in Minnesota

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Innovance, Inc. Employee Stock Ownership Plan and Trust?
As of the 2024 Form 5500 filing, Innovance, Inc. Employee Stock Ownership Plan and Trust holds $58M in total assets with 385 participants. It is sponsored by Innovance, Inc..
What type of plan is Innovance, Inc. Employee Stock Ownership Plan and Trust?
Innovance, Inc. Employee Stock Ownership Plan and Trust is a Other plan. It has been effective since 1976-12-01. The plan is filed with the U.S. Department of Labor under EIN 410980946.
Who sponsors the Innovance, Inc. Employee Stock Ownership Plan and Trust?
Innovance, Inc. Employee Stock Ownership Plan and Trust is sponsored by Innovance, Inc., located in Minnesota. The sponsor's EIN is 410980946 and the plan operates in the Manufacturing industry.
How did Innovance, Inc. Employee Stock Ownership Plan and Trust perform in 2024?
Innovance, Inc. Employee Stock Ownership Plan and Trust grew by 5.2% during 2024, moving from $55M to $58M in total assets. Net income was $3M.
Where can I find official filings for Innovance, Inc. Employee Stock Ownership Plan and Trust?
Official Form 5500 filings for Innovance, Inc. Employee Stock Ownership Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410980946 or plan name at efast.dol.gov.
How does Innovance, Inc. Employee Stock Ownership Plan and Trust compare to other plans?
You can compare Innovance, Inc. Employee Stock Ownership Plan and Trust against other Other plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.