Innovance, Inc.
61
Plan:
Innovance, Inc. Employee Stock Ownership Plan and Trust
61
40
66
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (61) and the top rated plan (86) could equate to:
[How is this calculated?]
14 additional years of work
Up to $86,000 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
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Retirement Plan Description
Innovance, Inc. Employee Stock Ownership Plan and Trust is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Account Balances, Participation Rate, and Total Plan Cost. Innovance, Inc. Employee Stock Ownership Plan and Trust currently has over 400 active participants and over $31.4M in plan assets.
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