Invio Automation, Inc. 401(K) Plan — Form 5500 plan (Invio Automation, 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, Invio Automation, Inc. 401(K) Plan is a benefit plan reported by Invio Automation, Inc. under EIN 83-3107759 and plan number 001. The latest loaded filing year is 2023. The filing reports 538 participants and $25,659,663 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$25.7MPlan net assets, end of year$25,659,663
Participants538Covered participants reported
Assets / participant$47.7KComputed: assets ÷ participants$47,695 (computed)
Provider compensation$157.8K3 Schedule C provider row(s)$157,838
- Plan sponsor
- Invio Automation, Inc.
- EIN
- 83-3107759
- Plan number
- 001
- Plan type
- 2
- Location
- Lansing, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 538 | H, C | 20241011102306NAL0036641152001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$25.7M total assets
Net assets$25.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $25,659,663
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,659,663
- Net assets (BOY)
- $20,983,863
Income & contributions
- Employer contributions
- $1,293,819
- Participant contributions
- $2,590,988
- Total contributions
- $4,546,456
- Total income / additions
- $8,337,990
Expenses & distributions
- Benefits paid
- $3,519,403
- Administrative expenses
- $126,397
- Total expenses
- $3,662,190
- Net increase / (decrease)
- $4,675,800
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
33%67%
Employer 33%Participant 67%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income42%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $126,397 | $0 | 2023 |
| Ohio National Insurance Agency Inc | OTHER SERVICES | $0 | $24,698 | 2023 |
| O N Equity Sales Co | OTHER SERVICES | $0 | $6,743 | 2023 |