401(k) · DOL Form 5500 · 2022
Novatech Inc. 401(k) Plan
Data updated 2026-08-25
- $15M
- Total assets Small plan by assets
- 420
- Participants Below avg headcount
- 72nd
- Percentile by assets National rank
- $35,000
- Avg per participant Low balance/head
Official DOL plan name: Novatech Inc. 401(k) Retirement Plan · Sponsored by Novatech Inc. · Tennessee · Real Estate
$15M in assets, 420 participants
Novatech Inc.'s Novatech Inc. 401(k) Retirement Plan reported $15M in total assets and 420 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.
- #4,334 in Real Estate (5,057 peers)
Coverage in Tennessee
Novatech Inc. 401(k) Retirement Plan covers 420 participants in Tennessee, about 37% of the average Tennessee filer (state average ~1,126 per filing). Assets: $15M.
- #4,334
- in Real Estate (5,057 peers)
- -10.1%
- assets change YoY
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Novatech Inc. 401(k) Retirement Plan's outsized position by total assets
Novatech Inc. 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$14,699,828 Top 28% higher than 72% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Novatech Inc. 401(k) Retirement Plan among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novatech Inc. 401(k) Retirement Plan sits mid-pack in the medium band (420 participants).
Form 5500 schedule snapshot
Filing strip 621762583 · Novatech Inc. PY 2022 · 401(k)
Novatech Inc. 401(k) Retirement Plan · $15M · 420 · 72nd
- IND $15M
- EOY 420
- 5500 72nd
- ASSETS 401(k)
- PCT near Ozinga Ready Mix Concrete, Inc. 401(k) Savings Plan
- EIN ind #4334
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 Real Estate retirement plans → · Plans in Tennessee →
Novatech Inc. 401(k) Retirement Plan in the asset neighbourhood
Tennessee filing particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$2M |
| Employer EIN | 621762583 |
| Plan Effective Date | 2000-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novatech Inc.)
Sponsor-wide plan assets over time
All Novatech Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 420 | $15M |
| 2023 | 1 | 521 | $19M |
| 2024 | 1 | 637 | N/A |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fedex Corporation Retirement Savings Plan $21.0B · 220,835
- Hca 401(k) Plan $18.7B · 280,576
- International Paper Company Salaried Savings Plan $4.2B · 11,839
- Federal Express Corporation Pilots Retirement Savings Plan $4.0B · 5,305
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.0B · 62,485
Novatech Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Tennessee, the nearest 401(k) by assets is Ozinga Ready Mix Concrete, Inc. 401(k) Savings Plan in IL ($15M); by covered participants it is Pinterest 401(k) Plan in CA (420 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($15M here).
- Ozinga Ready Mix Concrete, Inc. 401(k) Savings Plan (IL) $15M · 680
- Anchor Industries, Inc. 401(k) Plan (IN) $15M · 329
- Frontier Bancshares, Inc. 401(k) Plan (TX) $15M · 171
- The Retirement Advantage, Inc. 401(k) Plan (WI) $15M · 224
Similar participant headcount
Nearest other-state filings by covered participants (420 participants); asset peers above are excluded.
- Pinterest 401(k) Plan (CA) 420 · 0 off
- Butera Finer Foods, Inc. Employee Retirement and Savings Plan (IL) 420 · 0 off
- Main Electric Supply Co. Savings and Investment Plan (CA) 420 · 0 off
- Millennium Space Systems, Inc. 401(k) Plan (CA) 420 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.