Innovion Corporation 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021. Assets moved to the COHERENT CORP. 401(K) PROFIT SHARING PLAN (sponsored by COHERENT CORP.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the COHERENT CORP. 401(K) PROFIT SHARING PLAN →

Innovion Corporation 401(k) Plan Facts (plan year 2021)

Plan name
INNOVION CORPORATION 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
INNOVION CORPORATION
Participants
89
Employer contributions
$122,179 in plan year 2021 (26% of all contributions)
Plan year
Jan 1, 2021 – Aug 31, 2021
Plan established
Jan 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500-SF for plan year 2021 (Jan 1, 2021 – Aug 31, 2021), filed Nov 23, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $465,830 went into the plan in contributions, $122,179 of it from the employer (26%).
  • $1.52 million was paid out to participants.
  • Investment and other income added $602,070.

How the Innovion Corporation 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201656$4.18 million$0$695,047
201779$5.25 million$32,578$121,293
201890$5.58 million$107,346$145,451
201991$7.37 million$207,741$43,393
202088$8.51 million$229,980$693,299
2021 (final)89$0$122,179$1.52 million

Innovion Corporation 401(k) Contact Information

Phone
719-725-6716
Mailing address
2060 BRIARGATE PKWY STE 325, COLORADO SPRINGS CO 80920
Plan sponsor
INNOVION CORPORATION
Employer identification number (EIN)
94-2791729
Plan number
002

Questions about the Innovion Corporation 401(k)

Is the Innovion Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the COHERENT CORP. 401(K) PROFIT SHARING PLAN.

Does Innovion Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $122,179, 26% of all contributions.

Does the Innovion Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Innovion Corporation 401(k) plan?

89 participants at the start of plan year 2021.

Who manages the Innovion Corporation 401(k) accounts?

Principal is the plan's recordkeeper, which is where participants log in to see their balance.

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