Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Novanta Corporation 401(K) Plan is a benefit plan reported by Novanta Corporation under EIN 38-1859358 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,698 participants and $161,814,113 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $161,814,113
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $161,814,113
- Net assets (BOY)
- $139,072,251
Income & contributions
- Employer contributions
- $4,814,928
- Participant contributions
- $9,072,404
- Total contributions
- $14,937,804
- Total income / additions
- $41,213,838
Expenses & distributions
- Benefits paid
- $18,419,385
- Administrative expenses
- $91,661
- Total expenses
- $18,528,031
- Net increase / (decrease)
- $22,685,807