Invariant CorporationESOP
INVARIANT CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · HUNTSVILLE, AL · plan year 2023
Invariant Corporation's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $790,536 across 115 participant accounts, with employer contributions averaging $7,058 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (867th of 902), and 11,329th of 11,654 in professional & technical services.
Invariant Corporation's 2023 employer contribution ran above the $522 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
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Source: U.S. Department of Labor, Form 5500 series, EIN 631274152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.