401(k) · DOL Form 5500 · 2023
Novatech Inc. 401(k) Plan
Data updated 2026-08-25
- $19M
- Total assets Small plan by assets
- 521
- Participants Below avg headcount
- 71st
- Percentile by assets National rank
- $35,624
- Avg per participant Low balance/head
Official DOL plan name: Novatech Inc. 401(k) Retirement Plan · Sponsored by Novatech Inc. · Tennessee · Real Estate
$19M in assets, 521 participants
Novatech Inc.'s Novatech Inc. 401(k) Retirement Plan reported $19M in total assets and 521 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.
- #4,042 in Real Estate (4,727 peers)
Coverage in Tennessee
Novatech Inc. 401(k) Retirement Plan covers 521 participants in Tennessee, about 46% of the average Tennessee filer (state average ~1,126 per filing). Assets: $19M.
- #4,042
- in Real Estate (4,727 peers)
- +26.3%
- assets growth YoY
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 2023 · DOL Form 5500
$18,560,360 Top 29% higher than 71% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Novatech Inc. 401(k) Retirement Plan among mid-size filed plans by headcount
Plan-year 2023 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 (521 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Novatech Inc. 401(k) Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Novatech Inc. 401(k) Retirement Plan end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Novatech Inc. 401(k) Retirement Plan reported participants rose from 420 in the plan year 2022 filing to 521 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 621762583 · Novatech Inc. PY 2023 · 401(k)
Novatech Inc. 401(k) Retirement Plan · $19M · 521 · 71st
- PHOTO $19M
- IND 521
- EOY 71st
- 5500 401(k)
- ASSETS near Food Express, Inc. 401(k) Plan
- PCT ind #4042
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) | $15M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | $4M |
| 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 $23.9B · 127,010
- Hca 401(k) Plan $21.5B · 291,649
- Federal Express Corporation Pilots Retirement Savings Plan $4.7B · 5,728
- International Paper Company Salaried Savings Plan $4.6B · 12,153
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.5B · 62,487
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 Food Express, Inc. 401(k) Plan in CA ($19M); by covered participants it is Healey Brothers, Inc. 401(k) Plan in NY (521 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($19M here).
- Food Express, Inc. 401(k) Plan (CA) $19M · 279
- Incompass Retirement Plan (MN) $19M · 178
- Alimak Group USA 401(k) Profit Sharing Plan (TX) $19M · 128
- The Buckeye Ranch 401(k) Plan (OH) $19M · 355
Similar participant headcount
Nearest other-state filings by covered participants (521 participants); asset peers above are excluded.
- Healey Brothers, Inc. 401(k) Plan (NY) 521 · 0 off
- Woods Supermarket, Inc. 401(k) Profit Sharing Plan (MO) 521 · 0 off
- Nederman Holding USA, Inc. 401(k) Plan (NC) 521 · 0 off
- Hisco 401(k) Plan (TX) 521 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.