401(k) · DOL Form 5500 · 2024

Innotec Corp 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
169
Participants Small participant base
70th
Percentile by assets National rank
$117,816
Avg per participant Below avg balance/head
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Official DOL plan name: Innotec Employee 401(k) Profit Sharing Plan · Sponsored by Innotec Corp · Michigan · Manufacturing

$20M in assets, 169 participants

Innotec Corp's Innotec Employee 401(k) Profit Sharing Plan reported $20M in total assets and 169 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #10,612 in Manufacturing (17,777 peers)

Coverage in Michigan

Innotec Employee 401(k) Profit Sharing Plan covers 169 participants in Michigan, about 27% of the average Michigan filer (state average ~638 per filing). Assets: $20M.

#10,612
in Manufacturing (17,777 peers)
+10.0%
assets growth YoY

Innotec Employee 401(k) Profit Sharing Plan's outsized position by total assets

Innotec Employee 401(k) Profit Sharing Plan vs every filed plan by assets

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

$19,910,882 Top 30% higher than 70% 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

Innotec Employee 401(k) Profit Sharing 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. Innotec Employee 401(k) Profit Sharing Plan sits mid-pack in the medium band (169 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Innotec Employee 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Innotec Employee 401(k) Profit Sharing Plan reported participants fell from 192 in the plan year 2023 filing to 169 in the plan year 2024 filing.
  • Innotec Employee 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 383076153 · Innotec Corp PY 2024 · 401(k)

Innotec Employee 401(k) Profit Sharing Plan · $20M · 169 · 70th

  • TYPE $20M
  • NET 169
  • BOOK 70th
  • VS-ST 401(k)
  • BOY near Gray, Gray & Gray LLP Employees Savings & Security Plan
  • SCH ind #10612

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 Michigan →

Innotec Employee 401(k) Profit Sharing Plan in the asset neighbourhood

Innotec Employee 401(k) Profit Sharing PlanInnotec Employee 401(k) Prof…$20MGray, Gray & Gray LLP Employees Savings & Security PlanGray, Gray & Gray LLP Employ…$20MPivot Intermediary, Inc 401(k) Profit Sharing Plan and TrustPivot Intermediary, Inc 401(…$20MOhio Valley Gas Corporation Employees' 401(k) PlanOhio Valley Gas Corporation …$20MGreat West Engineering, Inc. 401(k) Profit Sharing Plan & TrustGreat West Engineering, Inc.…$20M
End-of-year total assets ($M) among Innotec Employee 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN383076153
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Innotec Corp)

Sponsor-wide plan assets over time

All Innotec Corp plans reported in each filing year

Latest sponsor-wide plan assets
$30M 22.429020791785057% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $24.3M $29.7M ▲ +22.4%
Year Plans Participants Total Assets
2022 2 278 $24M
2023 2 347 $28M
2024 2 323 $30M

Nearby 401(k) Plans in Michigan

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

Innotec Employee 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Innotec Employee 401(k) Profit Sharing Plan, Total assets ($B): 0.019910882 · Participants: 169Innotec Employee 401(k) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Innotec Employee 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Innotec Employee 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Gray, Gray & Gray LLP Employees Savings & Security Plan in MA ($20M); by covered participants it is Rxp Agency, LLC 401(k) Plan in OH (169 participants). Same-state nearby plans are listed separately above.

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 Innotec Employee 401(k) Profit Sharing Plan assets move in 2024?
Innotec Employee 401(k) Profit Sharing Plan grew at a solid clip - up 10.0% during 2024, from $18M to $20M. Reported net income was $2M.
How have Innotec Corp plan assets changed over time?
Across 3 plan years on file (2022-2024), Innotec Corp's sponsor-wide assets grew 22.4%, from $24M to $30M.
Which 401(k) plans are similar in size to Innotec Employee 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Gray, Gray & Gray LLP Employees Savings & Security Plan in MA ($20M, 133 participants).
Which 401(k) plans cover a similar participant headcount to Innotec Employee 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Rxp Agency, LLC 401(k) Plan in OH (169 participants, $2M in assets).