ESOP · DOL Form 5500 · 2024
Innotec Corporation ESOP
Data updated 2026-08-25
- $10M
- Total assets Small plan by assets
- 154
- Participants Small participant base
- 55th
- Percentile by assets National rank
- $63,721
- Avg per participant Low balance/head
Official DOL plan name: Innotec Employee Stock Ownership Plan · Sponsored by Innotec Corporation · Michigan · Manufacturing
$10M in assets, 154 participants
Innotec Corporation's Innotec Employee Stock Ownership Plan reported $10M in total assets and 154 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.
- #7,293 in Manufacturing (17,777 peers)
Coverage in Michigan
Innotec Employee Stock Ownership Plan covers 154 participants in Michigan, about 24% of the average Michigan filer (state average ~638 per filing). Assets: $10M.
- #7,293
- in Manufacturing (17,777 peers)
- +3.1%
- assets growth YoY
Innotec Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers
Innotec Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$9,813,027 Top 45% higher than 55% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Innotec Employee Stock Ownership 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 Stock Ownership Plan sits mid-pack in the medium band (154 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Innotec Employee Stock Ownership Plan reported net income rose from -$19K in the plan year 2023 filing to $882K in the plan year 2024 filing.
- Innotec Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 383076153 · Innotec Corporation PY 2024 · ESOP
Innotec Employee Stock Ownership Plan · $10M · 154 · 55th
- EOY $10M
- EOY 154
- EOY 55th
- EOY ESOP
- EOY near Construction Systems Employee Stock Ownership Plan
- EOY ind #7293
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 What is an ESOP? → · Plans in Michigan →
Innotec Employee Stock Ownership Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | $882K |
| Employer EIN | 383076153 |
| Plan Effective Date | 1995-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Innotec Corporation)
Sponsor-wide plan assets over time
All Innotec Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $30M 22.429020791785057% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 278 | $24M |
| 2023 | 2 | 347 | $28M |
| 2024 | 2 | 323 | $30M |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.6B · 1,780
- The Kendall Group Employee Stock Ownership Plan $900M · 1,936
- Project Worldwide, Inc. Employee Stock Ownership Plan $453M · 1,284
- Motor City Electric Co. Employee Stock Ownership Plan $410M · 218
- Lee Contracting, Inc. Employee Stock Ownership Plan $250M · 565
Innotec Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Michigan, the nearest ESOP by assets is Construction Systems Employee Stock Ownership Plan in OH ($10M); by covered participants it is Whitewood Industries, Inc. Employee Stock Ownership Plan in NC (154 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($10M here).
Similar participant headcount
Nearest other-state filings by covered participants (154 participants); asset peers above are excluded.
- Whitewood Industries, Inc. Employee Stock Ownership Plan (NC) 154 · 0 off
- I2c Synergy, Inc. Employee Stock Ownership Plan (PA) 154 · 0 off
- Mid South Building Supply, Inc. Employee Stock Ownership Plan (VA) 154 · 0 off
- Sprinklermatic Fire Protection Systems, Inc. Employee Stock Ownership Plan (FL) 154 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.