# Novatech, L.L.C. 401(k) Plan
Source: https://planprovider.pro/companies/novatech-l-l-c-401k-plan

> Novatech, L.L.C.'s 401(k) plan: 158 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Novatech, L.L.C.

- **Sponsor EIN:** 481175730

- **Sponsor Address:** 261 BRODHEAD ROAD, BETHLEHEM, PA, 18017

- **Plan Type:** 401(k)

- **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|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

## 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|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/novatech-l-l-c-401k-plan)

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