401(k) · DOL Form 5500 · 2022

Nova Group, Gbc 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
242
Participants Below avg headcount
79th
Percentile by assets National rank
$92,286
Avg per participant Below avg balance/head
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Official DOL plan name: Nova Group, Gbc 401(k) Retirement Plan · Sponsored by Nova Group, Gbc · Minnesota · Professional & Technical Services

$22M in assets, 242 participants

Nova Group, Gbc's Nova Group, Gbc 401(k) Retirement Plan reported $22M in total assets and 242 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #17,082 in Professional & Technical Services (21,562 peers)

Coverage in Minnesota

Nova Group, Gbc 401(k) Retirement Plan covers 242 participants in Minnesota, about 21% of the average Minnesota filer (state average ~1,126 per filing). Assets: $22M.

#17,082
in Professional & Technical Services (21,562 peers)
+3.7%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Nova Group, Gbc 401(k) Retirement Plan's outsized position by total assets

Nova Group, Gbc 401(k) Retirement Plan vs every filed plan by assets

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

$22,333,122 Top 21% higher than 79% 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

Nova Group, Gbc 401(k) Retirement 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. Nova Group, Gbc 401(k) Retirement Plan sits mid-pack in the medium band (242 participants).

Form 5500 schedule snapshot

Filing strip 411580923 · Nova Group, Gbc PY 2022 · 401(k)

Nova Group, Gbc 401(k) Retirement Plan · $22M · 242 · 79th

  • IND $22M
  • EOY 242
  • 5500 79th
  • ASSETS 401(k)
  • PCT near Skywalker Holdings 401(k) Plan
  • EIN ind #17082

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Nova Group, Gbc 401(k) Retirement Plan in the asset neighbourhood

Nova Group, Gbc 401(k) Retirement PlanNova Group, Gbc 401(k) Retir…$22MSkywalker Holdings 401(k) PlanSkywalker Holdings 401(k) Pl…$22MHall Contracting of Kentucky, Inc. Davis Bacon/Prevailing Wage, 401(k) Retirement and Profit Sharing PlanHall Contracting of Kentucky…$22MAltorfer Inc. Employees Savings PlanAltorfer Inc. Employees Savi…$22MEneos USA Employees 401(k) PlanEneos USA Employees 401(k) P…$22M
End-of-year total assets ($M) among Nova Group, Gbc 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$22M
Net Income$787K
Employer EIN411580923
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nova Group, Gbc)

Sponsor-wide plan assets over time

All Nova Group, Gbc plans reported in each filing year

Latest sponsor-wide plan assets
$27M 22.863695456461482% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $22.3M $27.4M ▲ +22.9%
Year Plans Participants Total Assets
2022 1 242 $22M
2023 1 241 $27M
2024 1 238 $27M

Nearby 401(k) Plans in Minnesota

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

Nova Group, Gbc 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Nova Group, Gbc 401(k) Retirement Plan, Total assets ($B): 0.022333122 · Participants: 242Nova Group, Gbc 401(k) Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Nova Group, Gbc 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Nova Group, Gbc 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Skywalker Holdings 401(k) Plan in CA ($22M); by covered participants it is Revolution Retail Systems LLC 401(k) Plan in TX (242 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (242 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 Nova Group, Gbc 401(k) Retirement Plan assets move in 2022?
Nova Group, Gbc 401(k) Retirement Plan edged up modestly - up 3.7% during 2022, from $22M to $22M. Reported net income was $787K.
How have Nova Group, Gbc plan assets changed over time?
Across 3 plan years on file (2022-2024), Nova Group, Gbc's sponsor-wide assets grew 22.9%, from $22M to $27M.
Where does Nova Group, Gbc 401(k) Retirement Plan rank by assets among Form 5500 filers?
Nova Group, Gbc 401(k) Retirement Plan ranks in the 79th 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 Nova Group, Gbc 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Skywalker Holdings 401(k) Plan in CA ($22M, 152 participants).
Which 401(k) plans cover a similar participant headcount to Nova Group, Gbc 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Revolution Retail Systems LLC 401(k) Plan in TX (242 participants, N/A in assets).