Novanta 401(k) match, vesting and fees

Plan year 2025 filingNovanta Corporation 401(k) Plan · Plan 001 · EIN 38-1859358Updated Oct 2026

What Novanta's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $5.4M in employer contributions, about $3,354 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$127,726
Average account balance
1,626
Participants (end of year)
$205M
Plan assets (end of year)
0.07%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorPlante & Moran, PLLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 434 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Novanta: employer contribution per participant$3,354
Peer median$2,591
Novanta: average balance$127,726
Peer median$102,504
Novanta: admin expenses ÷ assets0.07%
Peer median0.11%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $164M at the end of plan year 2021 to $205M at the end of plan year 2025.

$164M2021$139M2022$162M2023$187M2024$205M2025
End-of-year figures from each plan year's Form 5500 filing for the Novanta plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20251,626$205M$5.4M$3,3540.07%Not publishedForm 5500 ↗
20241,802$187M$5.4M$3,0520.06%Not publishedForm 5500 ↗
20231,687$162M$4.8M$2,8970.06%Not publishedForm 5500 ↗
20221,698$139M$4.5M$2,7210.08%Not publishedForm 5500 ↗
20211,610$164M$3.6M$2,3360.11%Not publishedForm 5500 ↗

Other Novanta plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Novanta Ati 401(k) Plan

Plan 002 · EIN 38-1859358 · plan year 2025 filing
$278,429
Average account balance
305
Participants (end of year)
$84.9M
Plan assets (end of year)
0.05%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorPlante & Moran PLLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Common questions

Does Novanta match 401(k) contributions?

The match terms for the Novanta Corporation 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $5.4M in employer contributions, about $3,354 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Novanta 401(k) match vested?

The vesting schedule for the Novanta Corporation 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Novanta 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Novanta Corporation.

I left Novanta. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Novanta Corporation, (781) 266-5700) or the recordkeeper, Fidelity Investments Institutional. The Novanta old 401(k) page lists the contacts from every plan filing. Find an old Novanta 401(k)

Data from the public Form 5500 annual reports Novanta filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Novanta. Not financial advice. Report a correction · Methodology