401(k) · DOL Form 5500 · 2022

Novetus Engineering LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
52
Participants Small participant base
46th
Percentile by assets National rank
$78,867
Avg per participant Below avg balance/head
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Official DOL plan name: Novetus 401(k) Plan · Sponsored by Novetus Engineering LLC · Texas · Professional & Technical Services

$4M in assets, 52 participants

Novetus Engineering LLC's Novetus 401(k) Plan reported $4M in total assets and 52 participants in its 2022 DOL Form 5500 filing, ranking in the 46th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,507 in Professional & Technical Services (21,562 peers)

Novetus Engineering LLC multi-year trail

Novetus Engineering LLC's plans moved +81.3% in assets from 2022 to 2024; this filing shows Novetus 401(k) Plan at $4M / 52 participants.

#9,507
in Professional & Technical Services (21,562 peers)
-20.4%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novetus 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Novetus 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,101,060 46th percentile higher than 46% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Novetus 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novetus 401(k) Plan is a small filing (52 participants) on this national headcount ladder.

DOL schedule card

Filing strip 274617569 · Novetus Engineering LLC PY 2022 · 401(k)

Novetus 401(k) Plan · $4M · 52 · 46th

  • SCH $4M
  • EBSA 52
  • PART 46th
  • TYPE 401(k)
  • NET near Gritton & Associates, Inc. Profit Sharing Plan
  • BOOK ind #9507

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Texas →

Novetus 401(k) Plan in the asset neighbourhood

Novetus 401(k) Plan$4MGritton & Associates, Inc. Profit Sharing PlanGritton & Associates, Inc. P…$4MNp Hale International Inc Profit Sharing PlanNp Hale International Inc Pr…$4MRegency Pacific 401(k) Retirement PlanRegency Pacific 401(k) Retir…$4MHansen Construction, Inc. 401(k) PlanHansen Construction, Inc. 40…$4M
End-of-year total assets ($M) among Novetus 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Novetus Engineering LLC multi-year asset trail

Sponsor-wide plan assets over time

All Novetus Engineering LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 81.25121310100315% vs 2022
2024 filing year
$3M$4M$5M$6M$7M$8M 202220232024 $4.1M $7.43M ▲ +81.2%
Year Plans Participants Total Assets
2022 1 52 $4M
2023 1 49 $5M
2024 1 53 $7M

Novetus Engineering LLC filing trail (2022)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$1M
Employer EIN274617569
Plan Effective Date2011-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Novetus 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Novetus 401(k) Plan, Total assets ($B): 0.00410106 · Participants: 52Novetus 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Novetus 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Novetus 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Gritton & Associates, Inc. Profit Sharing Plan in UT ($4M); by covered participants it is Maserati North America, Inc. 401(k) Plan in MI (52 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Novetus 401(k) Plan assets move in 2022?
Novetus 401(k) Plan declined sharply - down 20.4% during 2022, from $5M to $4M. Reported net income was -$1M.
How have Novetus Engineering LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Novetus Engineering LLC's sponsor-wide assets grew 81.3%, from $4M to $7M.
Which 401(k) plans are similar in size to Novetus 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Gritton & Associates, Inc. Profit Sharing Plan in UT ($4M, 23 participants).
Which 401(k) plans cover a similar participant headcount to Novetus 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Maserati North America, Inc. 401(k) Plan in MI (52 participants, N/A in assets).