401(k) · DOL Form 5500 · 2022

Novo Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
169
Participants Small participant base
76th
Percentile by assets National rank
$106,780
Avg per participant Below avg balance/head
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Official DOL plan name: Novo Construction, Inc. 401(k) Profit Sharing Plan · Sponsored by Novo Construction, Inc. · California · Construction

$18M in assets, 169 participants

Novo Construction, Inc.'s Novo Construction, Inc. 401(k) Profit Sharing Plan reported $18M in total assets and 169 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #7,474 in Construction (9,927 peers)

Coverage in California

Novo Construction, Inc. 401(k) Profit Sharing Plan covers 169 participants in California, about 27% of the average California filer (state average ~630 per filing). Assets: $18M.

#7,474
in Construction (9,927 peers)
-11.6%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novo Construction, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Novo Construction, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$18,045,740 Top 24% higher than 76% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Novo Construction, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novo Construction, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (169 participants).

DOL schedule card

Filing strip 912100953 · Novo Construction, Inc. PY 2022 · 401(k)

Novo Construction, Inc. 401(k) Profit Sharing Plan · $18M · 169 · 76th

  • 5500 $18M
  • 5500 169
  • 5500 76th
  • 5500 401(k)
  • 5500 near First of Waverly Employee Stock Ownership and Savings Plan & Trust Agreement
  • 5500 ind #7474

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 Construction retirement plans → · Plans in California →

Novo Construction, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Novo Construction, Inc. 401(k) Profit Sharing PlanNovo Construction, Inc. 401(…$18MFirst of Waverly Employee Stock Ownership and Savings Plan & Trust AgreementFirst of Waverly Employee St…$18MCapstar Bank 401(k) Profit Sharing PlanCapstar Bank 401(k) Profit S…$18MJohnson & Towers Inc. Thrift Savings PlanJohnson & Towers Inc. Thrift…$18MSmart Financial Credit Union 401(k) PlanSmart Financial Credit Union…$18M
End-of-year total assets ($M) among Novo Construction, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$18M
Net Income-$2M
Employer EIN912100953
Plan Effective Date2002-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Novo Construction, Inc.)

Sponsor-wide plan assets over time

All Novo Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 55.955893191412486% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.1M $28.1M ▲ +55.9%
Year Plans Participants Total Assets
2022 1 169 $18M
2023 1 241 $23M
2024 1 221 $28M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Novo Construction, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Novo Construction, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.01804574 · Participants: 169Novo Construction, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Novo Construction, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Novo Construction, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is First of Waverly Employee Stock Ownership and Savings Plan & Trust Agreement in IA ($18M); by covered participants it is Nye Automotive Group, Inc. 401(k) Plan in NY (169 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (169 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.

Frequently Asked Questions

How did Novo Construction, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Novo Construction, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 11.6% during 2022, from $20M to $18M. Reported net income was -$2M.
How have Novo Construction, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Novo Construction, Inc.'s sponsor-wide assets grew 56.0%, from $18M to $28M.
Where does Novo Construction, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Novo Construction, Inc. 401(k) Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Novo Construction, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is First of Waverly Employee Stock Ownership and Savings Plan & Trust Agreement in IA ($18M, 89 participants).
Which 401(k) plans cover a similar participant headcount to Novo Construction, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Nye Automotive Group, Inc. 401(k) Plan in NY (169 participants, N/A in assets).