Innovance, Inc. Employee Stock Ownership Plan And Trust — Form 5500 plan (Innovance, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Innovance, Inc. Employee Stock Ownership Plan And Trust is a benefit plan reported by Innovance, Inc. under EIN 41-0980946 and plan number 001. The latest loaded filing year is 2023. The filing reports 435 participants and $54,820,265 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Innovance, Inc.
- EIN
- 41-0980946
- Plan number
- 001
- Plan type
- 2
- Location
- Albert Lea, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 435 | H | 20241009114453NAL0018241601001 |
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Full reported line items
Net assets
- Total assets (EOY)
- $54,820,265
- Total liabilities (EOY)
- $3,396,742
- Net assets (EOY)
- $51,423,523
- Net assets (BOY)
- $50,361,439
Income & contributions
- Employer contributions
- $591,356
- Total contributions
- $591,356
- Total income / additions
- $8,949,570
Expenses & distributions
- Benefits paid
- $7,638,000
- Administrative expenses
- $0
- Total expenses
- $7,800,584
- Net increase / (decrease)
- $1,148,986
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.