401(k) · DOL Form 5500 · 2022
Novan, Inc. 401(k) Plan
Data updated 2026-08-25
- $5M
- Total assets Small plan by assets
- 32
- Participants Small participant base
- 51st
- Percentile by assets National rank
- $158,802
- Avg per participant Above avg balance/head
Official DOL plan name: Novan, Inc. 401(k) Plan · Sponsored by Novan, Inc. · North Carolina · Manufacturing
$5M in assets, 32 participants
Novan, Inc.'s Novan, Inc. 401(k) Plan reported $5M in total assets and 32 participants in its 2022 DOL Form 5500 filing, ranking in the 51st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #7,140 in Manufacturing (20,602 peers)
2022 asset change
Novan, Inc. 401(k) Plan grew sharply 29.0% in 2022 ($4M → $5M) for 32 participants.
- #7,140
- in Manufacturing (20,602 peers)
- +29.0%
- assets growth YoY
Novan, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers
Novan, Inc. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$5,081,652 Top 49% higher than 51% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Novan, Inc. 401(k) Plan among smaller filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novan, Inc. 401(k) Plan is a small filing (32 participants) on this national headcount ladder.
Plan-year Form 5500 strip
Filing strip 204427682 · Novan, Inc. PY 2022 · 401(k)
Novan, Inc. 401(k) Plan · $5M · 32 · 51st
- PART $5M
- PART 32
- PART 51st
- PART 401(k)
- PART near My Secure Advantage 401(k)Plan
- PART ind #7140
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →
Novan, Inc. 401(k) Plan in the asset neighbourhood
Novan, Inc. years around the 2022 move
Sponsor-wide plan assets over time
All Novan, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 32 | $5M |
| 2023 | 1 | 89 | $3M |
| 2024 | 1 | N/A | N/A |
2022 asset-move particulars
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $5M |
| Net Income | $1M |
| Employer EIN | 204427682 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Novan, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is My Secure Advantage 401(k)Plan in CA ($5M); by covered participants it is Lone Peak Anesthesia, Lc 401(k) Profit Sharing Plan in UT (32 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5M here).
- My Secure Advantage 401(k)Plan (CA) $5M · 90
- Kimball Management 401(k) Plan (UT) $5M · 131
- Adena Commercial LLC 401-K Savings Plan (OH) $5M · 105
- B & R Insulation, Inc. Retirement Plan (KS) $5M · 60
Similar participant headcount
Nearest other-state filings by covered participants (32 participants); asset peers above are excluded.
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.