Plan Snapshot
- Plan Sponsor: Novatech, L.L.C.
- Sponsor EIN: 481175730
- Sponsor Address: 261 BRODHEAD ROAD, BETHLEHEM, PA, 18017
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 158
- Total Assets: $42.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 158 | $42.1M | $440,661 | $1.3M |
| 2023 | 187 | $41.5M | $482,921 | $1.5M |
| 2022 | 173 | $42.8M | $646,711 | $2.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,714 | — | $2,714 | — | — |
| 2023 | $9,310 | — | $9,310 | — | — |
| 2022 | $7,875 | — | $7,875 | — | — |