One of the best ways to save for your retirement is through a 401(k) Plan. Even saving a small amount can help you down the road.

  • You have the choice of pre-tax and Roth contributions.
  • Inovalon provides a great employer match!

    • Inovalon will match 100% of the first 5% of your eligible compensation that you contribute to the plan each pay date. For example, if you earn $3,000 per pay date and contribute 5% ($150), Inovalon will provide you with an employer matching contribution of $150 for a total annual employer contribution of $3,900 ($150 x 26 pay dates).
    • The employer match is yours as soon as it hits your account. All employees are immediately 100% vested in employer matching contributions.
  • Per IRS regulations, while you are an employee, withdrawals from the plan are restricted. However, you may be eligible to take a loan against your account.
  • You may enroll, change or stop your contributions at any time.
  • Empower (formerly Prudential Retirement) is the plan provider.

For more detailed information, see the Summary Plan Description.

How to Enroll or Make Changes

Ready to enroll or make benefits changes?

Contact the Inovalon Benefits Center for questions and enrollment help (M-F 8:00 a.m. – 5:30 p.m. ET)