Civic Intelligence

Novatek Engineering Inc.

Plan context: Novatek Engineering Inc. 401(K) Plan

EIN 34-1845813 • Chardon, OH • 14 filings • 2 plans

9005 Oakstone TrailChardon, OH 44024
Current Snapshot

Latest Year

2020

2020 Participants

2

2020 Assets

$2,078,530

2020 Contributions

$86,150

Historical Graphs

Total Assets Over Time

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

$2,078,530$1,039,265$0200820142020YearValue
$2,078,530Latest year 2020

Participants Over Time

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

320200720142020YearValue
2Latest year 2020

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
202012$2,078,530$86,150$43,075iApproximate average salary by contribution assumption: employee only about $1,076,875 at 4% or $717,917 at 6%; with 50% employer match about $717,917 at 4% or $478,611 at 6%; with 100% employer match about $538,438 at 4% or $358,958 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$2,078,530$86,150$43,075iApproximate average salary by contribution assumption: employee only about $1,076,875 at 4% or $717,917 at 6%; with 50% employer match about $717,917 at 4% or $478,611 at 6%; with 100% employer match about $538,438 at 4% or $358,958 at 6%.
201912$2,002,918$81,000$40,500iApproximate average salary by contribution assumption: employee only about $1,012,500 at 4% or $675,000 at 6%; with 50% employer match about $675,000 at 4% or $450,000 at 6%; with 100% employer match about $506,250 at 4% or $337,500 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$2,002,918$81,000$40,500iApproximate average salary by contribution assumption: employee only about $1,012,500 at 4% or $675,000 at 6%; with 50% employer match about $675,000 at 4% or $450,000 at 6%; with 100% employer match about $506,250 at 4% or $337,500 at 6%.
201812$1,638,526$42,100$21,050iApproximate average salary by contribution assumption: employee only about $526,250 at 4% or $350,833 at 6%; with 50% employer match about $350,833 at 4% or $233,889 at 6%; with 100% employer match about $263,125 at 4% or $175,417 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$1,638,526$42,100$21,050iApproximate average salary by contribution assumption: employee only about $526,250 at 4% or $350,833 at 6%; with 50% employer match about $350,833 at 4% or $233,889 at 6%; with 100% employer match about $263,125 at 4% or $175,417 at 6%.
201712$1,713,299$43,200$21,600iApproximate average salary by contribution assumption: employee only about $540,000 at 4% or $360,000 at 6%; with 50% employer match about $360,000 at 4% or $240,000 at 6%; with 100% employer match about $270,000 at 4% or $180,000 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$1,713,299$43,200$21,600iApproximate average salary by contribution assumption: employee only about $540,000 at 4% or $360,000 at 6%; with 50% employer match about $360,000 at 4% or $240,000 at 6%; with 100% employer match about $270,000 at 4% or $180,000 at 6%.
201612$1,275,961$43,500$21,750iApproximate average salary by contribution assumption: employee only about $543,750 at 4% or $362,500 at 6%; with 50% employer match about $362,500 at 4% or $241,667 at 6%; with 100% employer match about $271,875 at 4% or $181,250 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$1,275,961$43,500$21,750iApproximate average salary by contribution assumption: employee only about $543,750 at 4% or $362,500 at 6%; with 50% employer match about $362,500 at 4% or $241,667 at 6%; with 100% employer match about $271,875 at 4% or $181,250 at 6%.
201512$1,126,583$14,000$7,000iApproximate average salary by contribution assumption: employee only about $175,000 at 4% or $116,667 at 6%; with 50% employer match about $116,667 at 4% or $77,778 at 6%; with 100% employer match about $87,500 at 4% or $58,333 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$1,126,583$14,000$7,000iApproximate average salary by contribution assumption: employee only about $175,000 at 4% or $116,667 at 6%; with 50% employer match about $116,667 at 4% or $77,778 at 6%; with 100% employer match about $87,500 at 4% or $58,333 at 6%.
201412$1,127,994$30,000$15,000iApproximate average salary by contribution assumption: employee only about $375,000 at 4% or $250,000 at 6%; with 50% employer match about $250,000 at 4% or $166,667 at 6%; with 100% employer match about $187,500 at 4% or $125,000 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$1,127,994$30,000$15,000iApproximate average salary by contribution assumption: employee only about $375,000 at 4% or $250,000 at 6%; with 50% employer match about $250,000 at 4% or $166,667 at 6%; with 100% employer match about $187,500 at 4% or $125,000 at 6%.
201312$1,058,778$10,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$1,058,778$10,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
201213$819,258$30,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
Novatek Engineering Inc. 401(K) Plan-3$819,258$30,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
201113$753,999$112,073$37,358iApproximate average salary by contribution assumption: employee only about $933,942 at 4% or $622,628 at 6%; with 50% employer match about $622,628 at 4% or $415,085 at 6%; with 100% employer match about $466,971 at 4% or $311,314 at 6%.
Novatek Engineering Inc. 401(K) Plan-3$753,999$112,073$37,358iApproximate average salary by contribution assumption: employee only about $933,942 at 4% or $622,628 at 6%; with 50% employer match about $622,628 at 4% or $415,085 at 6%; with 100% employer match about $466,971 at 4% or $311,314 at 6%.
201013$613,736$126,997$42,332iApproximate average salary by contribution assumption: employee only about $1,058,308 at 4% or $705,539 at 6%; with 50% employer match about $705,539 at 4% or $470,359 at 6%; with 100% employer match about $529,154 at 4% or $352,769 at 6%.
Novatek Engineering Inc. 401(K) Plan-3$613,736$126,997$42,332iApproximate average salary by contribution assumption: employee only about $1,058,308 at 4% or $705,539 at 6%; with 50% employer match about $705,539 at 4% or $470,359 at 6%; with 100% employer match about $529,154 at 4% or $352,769 at 6%.
200912$415,898$218,968$109,484iApproximate average salary by contribution assumption: employee only about $2,737,100 at 4% or $1,824,733 at 6%; with 50% employer match about $1,824,733 at 4% or $1,216,489 at 6%; with 100% employer match about $1,368,550 at 4% or $912,367 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$415,898$218,968$109,484iApproximate average salary by contribution assumption: employee only about $2,737,100 at 4% or $1,824,733 at 6%; with 50% employer match about $1,824,733 at 4% or $1,216,489 at 6%; with 100% employer match about $1,368,550 at 4% or $912,367 at 6%.
200812$168,583$60,583$30,292iApproximate average salary by contribution assumption: employee only about $757,288 at 4% or $504,858 at 6%; with 50% employer match about $504,858 at 4% or $336,572 at 6%; with 100% employer match about $378,644 at 4% or $252,429 at 6%.
Novatek Engineering Inc. 401(K) Plan-2$168,583$60,583$30,292iApproximate average salary by contribution assumption: employee only about $757,288 at 4% or $504,858 at 6%; with 50% employer match about $504,858 at 4% or $336,572 at 6%; with 100% employer match about $378,644 at 4% or $252,429 at 6%.
200712$0$0-
Novatek Engineering Inc. 401(K) Plan-2---