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INNOVANCE, INC. — INNOVANCE, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, Form 5500 (2024) | Form 5500 Search
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Original filing (PDF)
20251011135746NAL0014328032001
INNOVANCE, INC.
Form 5500
FILING_RECEIVED
INNOVANCE, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
401(k) retirement plan
Signals · 2
95% in single holding
No recordkeeper disclosed
Active participants
433
Accounts w/ balance
479
Plan assets (EOY)
$57.7M
Net assets (EOY)
$54.8M
How this plan invests
This plan
2 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
87
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
75
Vendor stack
80
Participation health
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for
INNOVANCE, INC.
.
Find decision makers
Plan sponsor
Name
INNOVANCE, INC.
EIN
41-0980946
Address
505 WEST FRONT STREET · ALBERT LEA, MN · 560072751
Phone
(507) 377-5305
Industry
Manufacturing
see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-11
Pension benefit codes
2I · Stock bonus
2J · 401(k) feature
2K · 401(m) arrangement
2P · Leveraged ESOP
2Q · S-corporation ESOP
3F · Sponsor used leased employees
3H · Sponsor in controlled / affiliated group
3I · Requires investment in employer securities
Service providers (Schedule C)
No Schedule C providers reported
Investments
2 direct securities
· $57.6M
(100% of reported assets)
PI
Investment
Type
Shares / units
Cost
Current value
% of plan
Allocated - 272,474 Shares
—
—
$6.3M
$54.7M
94.8%
Unallocated - 14,526 Shares
—
—
$2.7M
$2.9M
5.1%
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100
Knocking points off
Top holding "Allocated - 272,474 Shares" is 95% of plan.
No recordkeeper disclosed on Schedule C.
Helping the score
No Schedule C compensation disclosed — likely a small plan or unbundled.
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN, LLP
Trustee / custodian
—
Trustee phone
—
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