Civic Intelligence

Novak Electric Inc.

Plan context: Novak Electric Inc. 401K Plan

EIN 45-0533372 • Fairfax, IA • 19 filings • 1 plans

440 Highland AvenueFairfax, IA 52228
Current Snapshot

Latest Year

2024

2024 Participants

22

2024 Assets

$2,244,369

2024 Contributions

$172,373

Historical Graphs

Total Assets Over Time

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

$2,244,369$1,122,185$0200620152024YearValue
$2,244,369Latest year 2024

Participants Over Time

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

25130200620152024YearValue
22Latest 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
2024122$2,244,369$172,373$7,835iApproximate average salary by contribution assumption: employee only about $195,878 at 4% or $130,586 at 6%; with 50% employer match about $130,586 at 4% or $87,057 at 6%; with 100% employer match about $97,939 at 4% or $65,293 at 6%.
Novak Electric Inc. 401K Plan-22$2,244,369$172,373$7,835iApproximate average salary by contribution assumption: employee only about $195,878 at 4% or $130,586 at 6%; with 50% employer match about $130,586 at 4% or $87,057 at 6%; with 100% employer match about $97,939 at 4% or $65,293 at 6%.
2023120$2,008,148$230,555$11,528iApproximate average salary by contribution assumption: employee only about $288,194 at 4% or $192,129 at 6%; with 50% employer match about $192,129 at 4% or $128,086 at 6%; with 100% employer match about $144,097 at 4% or $96,065 at 6%.
Novak Electric Inc. 401K Plan-20$2,008,148$230,555$11,528iApproximate average salary by contribution assumption: employee only about $288,194 at 4% or $192,129 at 6%; with 50% employer match about $192,129 at 4% or $128,086 at 6%; with 100% employer match about $144,097 at 4% or $96,065 at 6%.
2022118$1,662,318$147,209$8,178iApproximate average salary by contribution assumption: employee only about $204,457 at 4% or $136,305 at 6%; with 50% employer match about $136,305 at 4% or $90,870 at 6%; with 100% employer match about $102,228 at 4% or $68,152 at 6%.
Novak Electric Inc. 401K Plan-18$1,662,318$147,209$8,178iApproximate average salary by contribution assumption: employee only about $204,457 at 4% or $136,305 at 6%; with 50% employer match about $136,305 at 4% or $90,870 at 6%; with 100% employer match about $102,228 at 4% or $68,152 at 6%.
2021121$2,156,088$139,162$6,627iApproximate average salary by contribution assumption: employee only about $165,669 at 4% or $110,446 at 6%; with 50% employer match about $110,446 at 4% or $73,631 at 6%; with 100% employer match about $82,835 at 4% or $55,223 at 6%.
Novak Electric Inc. 401K Plan-21$2,156,088$139,162$6,627iApproximate average salary by contribution assumption: employee only about $165,669 at 4% or $110,446 at 6%; with 50% employer match about $110,446 at 4% or $73,631 at 6%; with 100% employer match about $82,835 at 4% or $55,223 at 6%.
2020121$1,794,861$131,800$6,276iApproximate average salary by contribution assumption: employee only about $156,905 at 4% or $104,603 at 6%; with 50% employer match about $104,603 at 4% or $69,735 at 6%; with 100% employer match about $78,452 at 4% or $52,302 at 6%.
Novak Electric Inc. 401K Plan-21$1,794,861$131,800$6,276iApproximate average salary by contribution assumption: employee only about $156,905 at 4% or $104,603 at 6%; with 50% employer match about $104,603 at 4% or $69,735 at 6%; with 100% employer match about $78,452 at 4% or $52,302 at 6%.
2019124$1,480,059$131,659$5,486iApproximate average salary by contribution assumption: employee only about $137,145 at 4% or $91,430 at 6%; with 50% employer match about $91,430 at 4% or $60,953 at 6%; with 100% employer match about $68,572 at 4% or $45,715 at 6%.
Novak Electric Inc. 401K Plan-24$1,480,059$131,659$5,486iApproximate average salary by contribution assumption: employee only about $137,145 at 4% or $91,430 at 6%; with 50% employer match about $91,430 at 4% or $60,953 at 6%; with 100% employer match about $68,572 at 4% or $45,715 at 6%.
2018125$1,091,268$126,281$5,051iApproximate average salary by contribution assumption: employee only about $126,281 at 4% or $84,187 at 6%; with 50% employer match about $84,187 at 4% or $56,125 at 6%; with 100% employer match about $63,140 at 4% or $42,094 at 6%.
Novak Electric Inc. 401K Plan-25$1,091,268$126,281$5,051iApproximate average salary by contribution assumption: employee only about $126,281 at 4% or $84,187 at 6%; with 50% employer match about $84,187 at 4% or $56,125 at 6%; with 100% employer match about $63,140 at 4% or $42,094 at 6%.
2017120$1,070,717$97,885$4,894iApproximate average salary by contribution assumption: employee only about $122,356 at 4% or $81,571 at 6%; with 50% employer match about $81,571 at 4% or $54,381 at 6%; with 100% employer match about $61,178 at 4% or $40,785 at 6%.
Novak Electric Inc. 401K Plan-20$1,070,717$97,885$4,894iApproximate average salary by contribution assumption: employee only about $122,356 at 4% or $81,571 at 6%; with 50% employer match about $81,571 at 4% or $54,381 at 6%; with 100% employer match about $61,178 at 4% or $40,785 at 6%.
2016119$850,336$112,648$5,929iApproximate average salary by contribution assumption: employee only about $148,221 at 4% or $98,814 at 6%; with 50% employer match about $98,814 at 4% or $65,876 at 6%; with 100% employer match about $74,111 at 4% or $49,407 at 6%.
Novak Electric Inc. 401K Plan-19$850,336$112,648$5,929iApproximate average salary by contribution assumption: employee only about $148,221 at 4% or $98,814 at 6%; with 50% employer match about $98,814 at 4% or $65,876 at 6%; with 100% employer match about $74,111 at 4% or $49,407 at 6%.
2015118$777,041$117,298$6,517iApproximate average salary by contribution assumption: employee only about $162,914 at 4% or $108,609 at 6%; with 50% employer match about $108,609 at 4% or $72,406 at 6%; with 100% employer match about $81,457 at 4% or $54,305 at 6%.
Novak Electric Inc. 401K Plan-18$777,041$117,298$6,517iApproximate average salary by contribution assumption: employee only about $162,914 at 4% or $108,609 at 6%; with 50% employer match about $108,609 at 4% or $72,406 at 6%; with 100% employer match about $81,457 at 4% or $54,305 at 6%.
2014117$671,439$96,596$5,682iApproximate average salary by contribution assumption: employee only about $142,053 at 4% or $94,702 at 6%; with 50% employer match about $94,702 at 4% or $63,135 at 6%; with 100% employer match about $71,026 at 4% or $47,351 at 6%.
Novak Electric Inc. 401K Plan-17$671,439$96,596$5,682iApproximate average salary by contribution assumption: employee only about $142,053 at 4% or $94,702 at 6%; with 50% employer match about $94,702 at 4% or $63,135 at 6%; with 100% employer match about $71,026 at 4% or $47,351 at 6%.
2013111$552,130$79,514$7,229iApproximate average salary by contribution assumption: employee only about $180,714 at 4% or $120,476 at 6%; with 50% employer match about $120,476 at 4% or $80,317 at 6%; with 100% employer match about $90,357 at 4% or $60,238 at 6%.
Novak Electric Inc. 401K Plan-11$552,130$79,514$7,229iApproximate average salary by contribution assumption: employee only about $180,714 at 4% or $120,476 at 6%; with 50% employer match about $120,476 at 4% or $80,317 at 6%; with 100% employer match about $90,357 at 4% or $60,238 at 6%.
2012111$398,795$74,390$6,763iApproximate average salary by contribution assumption: employee only about $169,068 at 4% or $112,712 at 6%; with 50% employer match about $112,712 at 4% or $75,141 at 6%; with 100% employer match about $84,534 at 4% or $56,356 at 6%.
Novak Electric Inc. 401K Plan-11$398,795$74,390$6,763iApproximate average salary by contribution assumption: employee only about $169,068 at 4% or $112,712 at 6%; with 50% employer match about $112,712 at 4% or $75,141 at 6%; with 100% employer match about $84,534 at 4% or $56,356 at 6%.
2011110$290,763$52,759$5,276iApproximate average salary by contribution assumption: employee only about $131,898 at 4% or $87,932 at 6%; with 50% employer match about $87,932 at 4% or $58,621 at 6%; with 100% employer match about $65,949 at 4% or $43,966 at 6%.
Novak Electric Inc. 401K Plan-10$290,763$52,759$5,276iApproximate average salary by contribution assumption: employee only about $131,898 at 4% or $87,932 at 6%; with 50% employer match about $87,932 at 4% or $58,621 at 6%; with 100% employer match about $65,949 at 4% or $43,966 at 6%.
201017$269,744$40,597$5,800iApproximate average salary by contribution assumption: employee only about $144,989 at 4% or $96,660 at 6%; with 50% employer match about $96,660 at 4% or $64,440 at 6%; with 100% employer match about $72,495 at 4% or $48,330 at 6%.
Novak Electric Inc. 401K Plan-7$269,744$40,597$5,800iApproximate average salary by contribution assumption: employee only about $144,989 at 4% or $96,660 at 6%; with 50% employer match about $96,660 at 4% or $64,440 at 6%; with 100% employer match about $72,495 at 4% or $48,330 at 6%.
200917$203,955$37,663$5,380iApproximate average salary by contribution assumption: employee only about $134,511 at 4% or $89,674 at 6%; with 50% employer match about $89,674 at 4% or $59,783 at 6%; with 100% employer match about $67,255 at 4% or $44,837 at 6%.
Novak Electric Inc. 401K Plan-7$203,955$37,663$5,380iApproximate average salary by contribution assumption: employee only about $134,511 at 4% or $89,674 at 6%; with 50% employer match about $89,674 at 4% or $59,783 at 6%; with 100% employer match about $67,255 at 4% or $44,837 at 6%.
200816$128,966$39,133$6,522iApproximate average salary by contribution assumption: employee only about $163,054 at 4% or $108,703 at 6%; with 50% employer match about $108,703 at 4% or $72,469 at 6%; with 100% employer match about $81,527 at 4% or $54,351 at 6%.
Novak Electric Inc. 401K Plan-6$128,966$39,133$6,522iApproximate average salary by contribution assumption: employee only about $163,054 at 4% or $108,703 at 6%; with 50% employer match about $108,703 at 4% or $72,469 at 6%; with 100% employer match about $81,527 at 4% or $54,351 at 6%.
200719$155,504$39,415$4,379iApproximate average salary by contribution assumption: employee only about $109,486 at 4% or $72,991 at 6%; with 50% employer match about $72,991 at 4% or $48,660 at 6%; with 100% employer match about $54,743 at 4% or $36,495 at 6%.
Novak Electric Inc. 401K Plan-9$155,504$39,415$4,379iApproximate average salary by contribution assumption: employee only about $109,486 at 4% or $72,991 at 6%; with 50% employer match about $72,991 at 4% or $48,660 at 6%; with 100% employer match about $54,743 at 4% or $36,495 at 6%.
200619$108,212$104,208$11,579iApproximate average salary by contribution assumption: employee only about $289,467 at 4% or $192,978 at 6%; with 50% employer match about $192,978 at 4% or $128,652 at 6%; with 100% employer match about $144,733 at 4% or $96,489 at 6%.
Novak Electric Inc. 401K Plan-9$108,212$104,208$11,579iApproximate average salary by contribution assumption: employee only about $289,467 at 4% or $192,978 at 6%; with 50% employer match about $192,978 at 4% or $128,652 at 6%; with 100% employer match about $144,733 at 4% or $96,489 at 6%.