401(k) · DOL Form 5500 · 2023

Novatech, L.L.C. 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
175
Participants Small participant base
83rd
Percentile by assets National rank
$237,060
Avg per participant Above avg balance/head
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Official DOL plan name: Novatech, L.L.C. 401(k) Plan · Sponsored by Novatech, L.L.C. · Pennsylvania · Professional & Technical Services

$41M in assets, 175 participants

Novatech, L.L.C.'s Novatech, L.L.C. 401(k) Plan reported $41M in total assets and 175 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #17,135 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Novatech, L.L.C. 401(k) Plan covers 175 participants in Pennsylvania, about 21% of the average Pennsylvania filer (state average ~822 per filing). Assets: $41M.

#17,135
in Professional & Technical Services (20,321 peers)
-3.1%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

Novatech, L.L.C. 401(k) Plan's outsized position by total assets

Novatech, L.L.C. 401(k) Plan vs every filed plan by assets

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

$41,485,523 Top 17% higher than 83% 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

Novatech, L.L.C. 401(k) 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, L.L.C. 401(k) Plan sits mid-pack in the medium band (175 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Novatech, L.L.C. 401(k) Plan reported net income rose from -$10M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Novatech, L.L.C. 401(k) Plan reported participants fell from 249 in the plan year 2022 filing to 175 in the plan year 2023 filing.
  • Novatech, L.L.C. 401(k) Plan end-of-year assets fell from $43M in the plan year 2022 filing to $41M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 481175730 · Novatech, L.L.C. PY 2023 · 401(k)

Novatech, L.L.C. 401(k) Plan · $41M · 175 · 83rd

  • EIN $41M
  • EIN 175
  • EIN 83rd
  • EIN 401(k)
  • EIN near Heimark Distributing, LLC 401 (K) Plan
  • EIN ind #17135

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 Pennsylvania →

Novatech, L.L.C. 401(k) Plan in the asset neighbourhood

Novatech, L.L.C. 401(k) Plan$41MHeimark Distributing, LLC 401 (K) PlanHeimark Distributing, LLC 40…$41MInsurance Resources International, Inc. 401(k) PlanInsurance Resources Internat…$41MJohnstone Supply, LLC. Employee Retirement PlanJohnstone Supply, LLC. Emplo…$41MNice North America LLC 401(k) Savings PlanNice North America LLC 401(k…$41M
End-of-year total assets ($M) among Novatech, L.L.C. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$41M
Net Income-$1M
Employer EIN481175730
Plan Effective Date2001-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novatech, L.L.C.)

Sponsor-wide plan assets over time

All Novatech, L.L.C. plans reported in each filing year

Latest sponsor-wide plan assets
$42M 1.635729268362734% vs 2022
2024 filing year
$41M$41.5M$42M$42.5M$43M 202220232024 $42.8M $42.1M ▼ -1.6%
Year Plans Participants Total Assets
2022 1 249 $43M
2023 1 175 $41M
2024 1 187 $42M

Nearby 401(k) Plans in Pennsylvania

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

Novatech, L.L.C. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Novatech, L.L.C. 401(k) Plan, Total assets ($B): 0.041485523 · Participants: 175Novatech, L.L.C. 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Novatech, L.L.C. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Novatech, L.L.C. 401(k) Plan side-by-side with 3 peers →

Novatech, L.L.C. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Heimark Distributing, LLC 401 (K) Plan in CA ($41M); by covered participants it is Uniseal 401(k) Plan in IN (175 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (175 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 Novatech, L.L.C. 401(k) Plan assets move in 2023? ▼
Novatech, L.L.C. 401(k) Plan edged down modestly - down 3.1% during 2023, from $43M to $41M. Reported net income was -$1M.
How have Novatech, L.L.C. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novatech, L.L.C.'s sponsor-wide assets declined 1.6%, from $43M to $42M.
Where does Novatech, L.L.C. 401(k) Plan rank by assets among Form 5500 filers? ▼
Novatech, L.L.C. 401(k) Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Novatech, L.L.C. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Heimark Distributing, LLC 401 (K) Plan in CA ($41M, 231 participants).
Which 401(k) plans cover a similar participant headcount to Novatech, L.L.C. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Uniseal 401(k) Plan in IN (175 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 481175730.

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.