PlanOptica
Free ERISA searchPricing
Sign inStart for $4.99
  1. Companies/
  2. NOVATEC, INC
Sponsor portfolioTH

NOVATEC, INC

EIN 52-0815915-machinery-Latest filing 2025
Plans
3
Retirement
1
$12.5M assets
Welfare
2
$599K premiums
Participants
313
222 THOMAS AVE - BALTIMORE, MD 212253327443-457-1372novatec.comLinkedIn51-200 employeesmachinery
Plans on this EIN
3 filings
#003401k-$12.5M - 130 part#501Fully Insured-$455K - 77 lives#502Fully Insured-$144K - 106 lives

Benefits portfolio analytics

2 plans / $599K premiums / 183 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$455K
  • Dental$144K
  • Vision$144K
  • Life$144K
  • Short-term disability$144K
  • Long-term disability$144K
  • +1 more
Total $599K7 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
76%top
  • CIGNA HEALTH AND LIFE INSURANCE COMPANY76%
  • THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA24%
Total $599K2 slices

Broker market share

Schedule A broker compensation

Split broker
74%top
  • RIGGS COUNSELMAN MICHAELS & DOWNES74%
  • FOSTERTHOMAS, INC.26%
Total $50K2 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#003

NOVATEC, INC. 401(K) PLAN

401k

Assets$12.5M
Participants130
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

NOVATEC, INC

Fully Insured - CIGNA HEALTH AND LIFE INSURANCE

Premiums$455K
Covered lives77
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502

NOVATEC, INC

Fully Insured - GUARDIAN LIFE INSURANCE

Premiums$144K
Covered lives106
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
003NOVATEC, INC. 401(K) PLAN401k$12.5M1302024

Welfare plans2

Plan #NameFundingCarrierPremiumsCoveredLatest year
501NOVATEC, INCFully InsuredCIGNA HEALTH AND LIFE INSURANCE$455K772025
502NOVATEC, INCFully InsuredGUARDIAN LIFE INSURANCE$144K1062025
Retirement plans
Welfare plans
PlanOptica

Plan research for advisors and brokers. Retirement and welfare filings, peer-ranked and a decade deep, sourced to the line.

Product
  • Retirement plans
  • Welfare plans
  • Providers
  • Pricing
Data
  • Downloads hub
  • Retirement plans CSV
  • Welfare plans CSV
  • Custom analytics
Resources
  • Free ERISA search
  • Free EIN lookup
  • Documentation
  • Filter catalog
  • Glossary
Company
  • About
  • Contact
  • Privacy
  • Terms
© 2026 PlanOptica