401(k) · DOL Form 5500 · 2022

Nova Biomedical Corporation 401(k) Plan

Data updated 2026-08-11

$130M
Total assets
1,118
Participants
94th
Percentile by assets
$115,849
Avg per participant
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Official DOL plan name: Nova Employee Savings Trust (N.E.S.T.) · Sponsored by Nova Biomedical Corporation · Massachusetts · Manufacturing

$130M in assets, 1,118 participants

Nova Biomedical Corporation's Nova Employee Savings Trust (N.E.S.T.) reported $130M in total assets and 1,118 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #18,695 in Manufacturing (20,602 peers)

Where Nova Employee Savings Trust (N.E.S.T.) sits by assets

Nova Employee Savings Trust (N.E.S.T.) sits in the top 10% of all filed plans by assets, $130M for 1,118 participants (~$115,849/participant), down 15.4% in 2022.

$130M
total plan assets (2022 EOY)
1,118
covered participants
94th
percentile by assets (of 139,126 plans)
$115,849
avg assets per participant

The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Nova Employee Savings Trust (N.E.S.T.) sits by total assets

Nova Employee Savings Trust (N.E.S.T.) vs every filed plan by assets

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

$129,518,896 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Massachusetts
Industry
Manufacturing

Nova Employee Savings Trust (N.E.S.T.) vs the 2022 asset distribution

By assets, Nova Employee Savings Trust (N.E.S.T.) outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$153M
Net Assets (End of Year)$130M
Net Income-$24M
Employer EIN042592580
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nova Biomedical Corporation)

$120M$140M$160M$180M$200M 202220232024 $130M $180M ▲ +39.1%
Total plan assets by year, all Nova Biomedical Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,118 $130M
2023 1 1,174 $154M
2024 1 1,201 $180M

Nearby 401(k) Plans in Massachusetts

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

Nova Employee Savings Trust (N.E.S.T.) vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Nova Employee Saving…, Total assets ($B): 0.129518896 · Participants: 1118Nova Employee Saving…Fidelity Retirement …, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement …Liberty Mutual 401(k…, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k…Massachusetts Instit…, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Instit…Philips North Americ…, Total assets ($B): 5.180251859 · Participants: 19750Philips North Americ…Boston Scientific Co…, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Co…
Nova Employee Savings Trust (N.E.S.T.) vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Nova Employee Savings Trust (N.E.S.T.) side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nova Employee Savings Trust (N.E.S.T.) by total assets, not by location.

Frequently Asked Questions

How did Nova Employee Savings Trust (N.E.S.T.) assets move in 2022? ▼
Nova Employee Savings Trust (N.E.S.T.) declined sharply - down 15.4% during 2022, from $153M to $130M. Reported net income was -$24M.
How have Nova Biomedical Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nova Biomedical Corporation's sponsor-wide assets grew 39.1%, from $130M to $180M.
Where does Nova Employee Savings Trust (N.E.S.T.) rank by assets among Form 5500 filers? ▼
Nova Employee Savings Trust (N.E.S.T.) ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Nova Employee Savings Trust (N.E.S.T.)? ▼
Among 401(k) plans in other states, the closest by assets is Hanson Bridgett LLP Profit Sharing Plan in CA ($130M, 258 participants).

Next read for Nova Employee Savings Trust (N.E.S.T.)

Scale reading

Ways to act on Nova Employee Savings Trust (N.E.S.T.)'s numbers.

  • By total assets, Nova Employee Savings Trust (N.E.S.T.) ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Nova Biomedical Corporation's sponsor-wide assets have grown 39.1% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042592580.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.