Novanta Ati 401(K) Plan — Form 5500 plan (Novanta Corporation)
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 Ati 401(K) Plan is a benefit plan reported by Novanta Corporation under EIN 38-1859358 and plan number 002. The latest loaded filing year is 2023. The filing reports 474 participants and $88,887,324 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Novanta Corporation
- EIN
- 38-1859358
- Plan number
- 002
- Plan type
- 2
- Location
- Bedford, MA
- Latest filing year
- 2023
- Participants
- 474
- End-of-year plan assets
- $88,887,324
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 474 | H, C | 20251013095414NAL0001065089001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $88,887,324
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $88,887,324
- Net assets (BOY)
- $71,658,409
Income & contributions
- Employer contributions
- $991,491
- Participant contributions
- $1,887,435
- Total contributions
- $2,939,863
- Total income / additions
- $16,152,466
Expenses & distributions
- Benefits paid
- $18,988,044
- Administrative expenses
- $46,498
- Total expenses
- $19,042,234
- Net increase / (decrease)
- -$2,889,768
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $46,498 | $0 | 2023 |