401(k) · DOL Form 5500 · 2023

Novetus Engineering LLC 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
49
Participants Small participant base
44th
Percentile by assets National rank
$99,914
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Novetus 401(k) Plan · Sponsored by Novetus Engineering LLC · Texas · Professional & Technical Services

$5M in assets, 49 participants

Novetus Engineering LLC's Novetus 401(k) Plan reported $5M in total assets and 49 participants in its 2023 DOL Form 5500 filing, ranking in the 44th 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.

  • #8,480 in Professional & Technical Services (20,321 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 $5M / 49 participants.

#8,480
in Professional & Technical Services (20,321 peers)
+19.4%
assets growth YoY

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 2023 · DOL Form 5500

$4,895,799 44th percentile higher than 44% of 127,068 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 2023

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

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novetus 401(k) Plan is a small filing (49 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Novetus 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $795K in the plan year 2023 filing.
  • Novetus 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Novetus 401(k) Plan reported participants fell from 52 in the plan year 2022 filing to 49 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 274617569 · Novetus Engineering LLC PY 2023 · 401(k)

Novetus 401(k) Plan · $5M · 49 · 44th

  • SCH $5M
  • EBSA 49
  • PART 44th
  • TYPE 401(k)
  • NET near Paramount Health Resources Inc 401(k) Profit Sharing Plan & Trust
  • BOOK ind #8480

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$5MParamount Health Resources Inc 401(k) Profit Sharing Plan & TrustParamount Health Resources I…$5MHallmark Inns 401(k) Plan$5MSilvercrest Properties 401(k) Profit Sharing PlanSilvercrest Properties 401(k…$5MEpromos 401(k) Plan$5M
End-of-year total assets ($M) among Novetus 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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 (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$795K
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. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Novetus 401(k) Plan, Total assets ($B): 0.004895799 · Participants: 49Novetus 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Novetus 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Novetus 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Paramount Health Resources Inc 401(k) Profit Sharing Plan & Trust in PA ($5M); by covered participants it is Marvin & Co. PC Savings and Thrift Plan in NY (49 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (49 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Novetus 401(k) Plan grew sharply - up 19.4% during 2023, from $4M to $5M. Reported net income was $795K.
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 Paramount Health Resources Inc 401(k) Profit Sharing Plan & Trust in PA ($5M, 1,476 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 Marvin & Co. PC Savings and Thrift Plan in NY (49 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 274617569.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.