401(k) · DOL Form 5500 · 2023

Novarica, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
100
Participants Small participant base
71st
Percentile by assets National rank
$183,599
Avg per participant Above avg balance/head
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Official DOL plan name: Novarica, Inc. 401(k) Plan · Sponsored by Novarica, Inc. · Massachusetts · Professional & Technical Services

$18M in assets, 100 participants

Novarica, Inc.'s Novarica, Inc. 401(k) Plan reported $18M in total assets and 100 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #14,345 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Novarica, Inc. 401(k) Plan covers 100 participants in Massachusetts, about 15% of the average Massachusetts filer (state average ~659 per filing). Assets: $18M.

#14,345
in Professional & Technical Services (20,321 peers)
+23.7%
assets growth YoY

Novarica, Inc. 401(k) Plan's outsized position by total assets

Novarica, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$18,359,858 Top 29% higher than 71% 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

Novarica, Inc. 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. Novarica, Inc. 401(k) Plan is a small filing (100 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Novarica, Inc. 401(k) Plan reported participants rose from 26 in the plan year 2022 filing to 100 in the plan year 2023 filing.
  • Novarica, Inc. 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Novarica, Inc. 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $18M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 472338210 · Novarica, Inc. PY 2023 · 401(k)

Novarica, Inc. 401(k) Plan · $18M · 100 · 71st

  • PCT $18M
  • PCT 100
  • PCT 71st
  • PCT 401(k)
  • PCT near Rowmark, LLC Retirement Plan
  • PCT ind #14345

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 Massachusetts →

Novarica, Inc. 401(k) Plan in the asset neighbourhood

Novarica, Inc. 401(k) Plan$18MRowmark, LLC Retirement Plan$18MA-Lign Compliance and Security, Inc. 401(k) P/S PlanA-Lign Compliance and Securi…$18MJ Ranck Electric, Inc. Employees' Profit Sharing PlanJ Ranck Electric, Inc. Emplo…$18MVaro Retirement Plan$18M
End-of-year total assets ($M) among Novarica, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$4M
Employer EIN472338210
Plan Effective Date2015-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novarica, Inc.)

Sponsor-wide plan assets over time

All Novarica, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 48.77633812538683% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $14.9M $22.1M ▲ +48.8%
Year Plans Participants Total Assets
2022 1 26 $15M
2023 1 100 $18M
2024 1 81 $22M

Nearby 401(k) Plans in Massachusetts

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

Novarica, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Novarica, Inc. 401(k) Plan, Total assets ($B): 0.018359858 · Participants: 100Novarica, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Novarica, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Novarica, Inc. 401(k) Plan side-by-side with 3 peers →

Novarica, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Rowmark, LLC Retirement Plan in OH ($18M); by covered participants it is Carteret Management Corporation 401(k) Plan in FL (100 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (100 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 Novarica, Inc. 401(k) Plan assets move in 2023? ▼
Novarica, Inc. 401(k) Plan grew sharply - up 23.7% during 2023, from $15M to $18M. Reported net income was $4M.
How have Novarica, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novarica, Inc.'s sponsor-wide assets grew 48.8%, from $15M to $22M.
Which 401(k) plans are similar in size to Novarica, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rowmark, LLC Retirement Plan in OH ($18M, 224 participants).
Which 401(k) plans cover a similar participant headcount to Novarica, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carteret Management Corporation 401(k) Plan in FL (100 participants, $370K 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 472338210.

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.