Novatech, L.L.C.401(k)
NOVATECH, L.L.C. 401(K) PLAN · BETHLEHEM, PA · plan year 2022
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Novatech, L.L.C. reported $7,875 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,738 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 903rd-largest of 3,651 plans among Pennsylvania employers on file, and the 3,134th of 11,654 in professional & technical services. In 2022, employees put in $3.25 for every $1.00 the employer contributed.
Novatech, L.L.C.'s 2022 employer contribution ran above the $2,266 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 481175730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.