Civic Intelligence

Novamedcare Inc.

Plan context: Novamedcare Inc. Cash Balance Pension Plan

EIN 27-2816959 • Piscataway, NJ • 16 filings • 2 plans

216 Stelton Road, Suite B3Piscataway, NJ 08854
Current Snapshot

Latest Year

2024

2024 Participants

3

2024 Assets

$1,362,402

2024 Contributions

$131,988

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,362,402$681,201$0201520202024YearValue
$1,362,402Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

320201520202024YearValue
3Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202423$1,362,402$131,988$43,996iApproximate average salary by contribution assumption: employee only about $1,099,900 at 4% or $733,267 at 6%; with 50% employer match about $733,267 at 4% or $488,844 at 6%; with 100% employer match about $549,950 at 4% or $366,633 at 6%.
Novamedcare Inc. Cash Balance Pension Plan-3$881,203$95,460$31,820iApproximate average salary by contribution assumption: employee only about $795,500 at 4% or $530,333 at 6%; with 50% employer match about $530,333 at 4% or $353,556 at 6%; with 100% employer match about $397,750 at 4% or $265,167 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-3$481,199$36,528$12,176iApproximate average salary by contribution assumption: employee only about $304,400 at 4% or $202,933 at 6%; with 50% employer match about $202,933 at 4% or $135,289 at 6%; with 100% employer match about $152,200 at 4% or $101,467 at 6%.
202323$1,051,609$113,910$37,970iApproximate average salary by contribution assumption: employee only about $949,250 at 4% or $632,833 at 6%; with 50% employer match about $632,833 at 4% or $421,889 at 6%; with 100% employer match about $474,625 at 4% or $316,417 at 6%.
Novamedcare Inc. Cash Balance Pension Plan-3$662,804$79,420$26,473iApproximate average salary by contribution assumption: employee only about $661,833 at 4% or $441,222 at 6%; with 50% employer match about $441,222 at 4% or $294,148 at 6%; with 100% employer match about $330,917 at 4% or $220,611 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-3$388,805$34,490$11,497iApproximate average salary by contribution assumption: employee only about $287,417 at 4% or $191,611 at 6%; with 50% employer match about $191,611 at 4% or $127,741 at 6%; with 100% employer match about $143,708 at 4% or $95,806 at 6%.
202223$776,499$229,912$76,637iApproximate average salary by contribution assumption: employee only about $1,915,933 at 4% or $1,277,289 at 6%; with 50% employer match about $1,277,289 at 4% or $851,526 at 6%; with 100% employer match about $957,967 at 4% or $638,644 at 6%.
Novamedcare Inc. Cash Balance Pension Plan-3$495,694$202,151$67,384iApproximate average salary by contribution assumption: employee only about $1,684,592 at 4% or $1,123,061 at 6%; with 50% employer match about $1,123,061 at 4% or $748,707 at 6%; with 100% employer match about $842,296 at 4% or $561,531 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-3$280,805$27,761$9,254iApproximate average salary by contribution assumption: employee only about $231,342 at 4% or $154,228 at 6%; with 50% employer match about $154,228 at 4% or $102,819 at 6%; with 100% employer match about $115,671 at 4% or $77,114 at 6%.
202112$315,566$25,560$12,780iApproximate average salary by contribution assumption: employee only about $319,500 at 4% or $213,000 at 6%; with 50% employer match about $213,000 at 4% or $142,000 at 6%; with 100% employer match about $159,750 at 4% or $106,500 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-2$315,566$25,560$12,780iApproximate average salary by contribution assumption: employee only about $319,500 at 4% or $213,000 at 6%; with 50% employer match about $213,000 at 4% or $142,000 at 6%; with 100% employer match about $159,750 at 4% or $106,500 at 6%.
202022$446,089$83,077$41,539iApproximate average salary by contribution assumption: employee only about $1,038,463 at 4% or $692,308 at 6%; with 50% employer match about $692,308 at 4% or $461,539 at 6%; with 100% employer match about $519,231 at 4% or $346,154 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-2$266,293$27,279$13,640iApproximate average salary by contribution assumption: employee only about $340,988 at 4% or $227,325 at 6%; with 50% employer match about $227,325 at 4% or $151,550 at 6%; with 100% employer match about $170,494 at 4% or $113,663 at 6%.
Novamedcare Inc. Cash Balance Pension Plan-2$179,796$55,798$27,899iApproximate average salary by contribution assumption: employee only about $697,475 at 4% or $464,983 at 6%; with 50% employer match about $464,983 at 4% or $309,989 at 6%; with 100% employer match about $348,738 at 4% or $232,492 at 6%.
201922$302,957$82,877$41,439iApproximate average salary by contribution assumption: employee only about $1,035,963 at 4% or $690,642 at 6%; with 50% employer match about $690,642 at 4% or $460,428 at 6%; with 100% employer match about $517,981 at 4% or $345,321 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-2$199,379$27,110$13,555iApproximate average salary by contribution assumption: employee only about $338,875 at 4% or $225,917 at 6%; with 50% employer match about $225,917 at 4% or $150,611 at 6%; with 100% employer match about $169,438 at 4% or $112,958 at 6%.
Novamedcare Inc. Cash Balance Pension Plan-2$103,578$55,767$27,884iApproximate average salary by contribution assumption: employee only about $697,088 at 4% or $464,725 at 6%; with 50% employer match about $464,725 at 4% or $309,817 at 6%; with 100% employer match about $348,544 at 4% or $232,363 at 6%.
201822$186,460$70,929$35,465iApproximate average salary by contribution assumption: employee only about $886,613 at 4% or $591,075 at 6%; with 50% employer match about $591,075 at 4% or $394,050 at 6%; with 100% employer match about $443,306 at 4% or $295,538 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-2$140,992$25,461$12,731iApproximate average salary by contribution assumption: employee only about $318,263 at 4% or $212,175 at 6%; with 50% employer match about $212,175 at 4% or $141,450 at 6%; with 100% employer match about $159,131 at 4% or $106,088 at 6%.
Novamedcare Inc. Cash Balance Pension Plan-2$45,468$45,468$22,734iApproximate average salary by contribution assumption: employee only about $568,350 at 4% or $378,900 at 6%; with 50% employer match about $378,900 at 4% or $252,600 at 6%; with 100% employer match about $284,175 at 4% or $189,450 at 6%.
201712$127,345$41,793$20,897iApproximate average salary by contribution assumption: employee only about $522,413 at 4% or $348,275 at 6%; with 50% employer match about $348,275 at 4% or $232,183 at 6%; with 100% employer match about $261,206 at 4% or $174,138 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-2$127,345$41,793$20,897iApproximate average salary by contribution assumption: employee only about $522,413 at 4% or $348,275 at 6%; with 50% employer match about $348,275 at 4% or $232,183 at 6%; with 100% employer match about $261,206 at 4% or $174,138 at 6%.
201612$83,798$41,281$20,641iApproximate average salary by contribution assumption: employee only about $516,013 at 4% or $344,008 at 6%; with 50% employer match about $344,008 at 4% or $229,339 at 6%; with 100% employer match about $258,006 at 4% or $172,004 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-2$83,798$41,281$20,641iApproximate average salary by contribution assumption: employee only about $516,013 at 4% or $344,008 at 6%; with 50% employer match about $344,008 at 4% or $229,339 at 6%; with 100% employer match about $258,006 at 4% or $172,004 at 6%.
201512$40,500$40,500$20,250iApproximate average salary by contribution assumption: employee only about $506,250 at 4% or $337,500 at 6%; with 50% employer match about $337,500 at 4% or $225,000 at 6%; with 100% employer match about $253,125 at 4% or $168,750 at 6%.
Novamedcare Inc. 401(K) Profit Sharing Plan-2$40,500$40,500$20,250iApproximate average salary by contribution assumption: employee only about $506,250 at 4% or $337,500 at 6%; with 50% employer match about $337,500 at 4% or $225,000 at 6%; with 100% employer match about $253,125 at 4% or $168,750 at 6%.