ESOP · DOL Form 5500 · 2022

Novaspect Holdings, Inc. ESOP

Data updated 2026-08-25

$26M
Total assets Below avg plan size
342
Participants Below avg headcount
81st
Percentile by assets National rank
$76,102
Avg per participant Below avg balance/head
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Official DOL plan name: Novaspect Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Novaspect Holdings, Inc. · Illinois · Wholesale Trade

$26M in assets, 342 participants

Novaspect Holdings, Inc.'s Novaspect Holdings, Inc. Employee Stock Ownership Plan reported $26M in total assets and 342 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #5,482 in Wholesale Trade (6,843 peers)

Coverage in Illinois

Novaspect Holdings, Inc. Employee Stock Ownership Plan covers 342 participants in Illinois, about 44% of the average Illinois filer (state average ~779 per filing). Assets: $26M.

#5,482
in Wholesale Trade (6,843 peers)
+58.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Novaspect Holdings, Inc. Employee Stock Ownership Plan's outsized position by total assets

Novaspect Holdings, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$26,026,884 Top 19% higher than 81% 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

Novaspect Holdings, Inc. Employee Stock Ownership 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. Novaspect Holdings, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (342 participants).

Form 5500 schedule snapshot

Filing strip 270711939 · Novaspect Holdings, Inc. PY 2022 · ESOP

Novaspect Holdings, Inc. Employee Stock Ownership Plan · $26M · 342 · 81st

  • 5500 $26M
  • ASSETS 342
  • PCT 81st
  • EIN ESOP
  • RANK near Kenmark Optical, Inc. Employee Stock Ownership Plan
  • PHOTO ind #5482

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 What is an ESOP? → · Plans in Illinois →

Novaspect Holdings, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Clim-a-Tech Industries, Inc. Employee Stock Ownership PlanClim-a-Tech Industries, Inc.…$26MNovaspect Holdings, Inc. Employee Stock Ownership PlanNovaspect Holdings, Inc. Emp…$26MKenmark Optical, Inc. Employee Stock Ownership PlanKenmark Optical, Inc. Employ…$26MJanotta & Herner, Inc. Employee Stock Ownership Plan and TrustJanotta & Herner, Inc. Emplo…$26MSouthern Tier Insulation Employee Stock Ownership PlanSouthern Tier Insulation Emp…$26M
End-of-year total assets ($M) among Novaspect Holdings, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$25M
Net Income$10M
Employer EIN270711939
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novaspect Holdings, Inc.)

Sponsor-wide plan assets over time

All Novaspect Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 156.1240485030786% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $26M $66.7M ▲ +156.1%
Year Plans Participants Total Assets
2022 1 342 $26M
2023 1 389 $53M
2024 1 431 $67M

Nearby ESOP Plans in Illinois

Peer ESOP plans, same state, same plan type, ranked by total assets.

Novaspect Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Novaspect Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.026026884 · Participants: 342Novaspect Holdings, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.751765578 · Participants: 4361Amsted Industries Incorporated Employees' Stock Ownership PlanOri 401(k) Savings and Profit Sharing Plan, Total assets ($B): 1.70457972 · Participants: 10023Ori 401(k) Savings and Profit Sharing PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.163229548 · Participants: 3905Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 0.970067277 · Participants: 495Scot Forge Company Employee Stock Ownership PlanRli Corp. Employee Stock Ownership Plan, Total assets ($B): 0.341695997 · Participants: 826Rli Corp. Employee Stock Ownership Plan
Novaspect Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Novaspect Holdings, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Novaspect Holdings, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Kenmark Optical, Inc. Employee Stock Ownership Plan in KY ($26M); by covered participants it is Extreme Engineering Solutions, Inc. Employee Stock Ownership Plan in WI (342 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (342 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 Novaspect Holdings, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Novaspect Holdings, Inc. Employee Stock Ownership Plan surged - up 58.0% during 2022, from $16M to $26M. Reported net income was $10M.
How have Novaspect Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novaspect Holdings, Inc.'s sponsor-wide assets grew 156.1%, from $26M to $67M.
Where does Novaspect Holdings, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Novaspect Holdings, Inc. Employee Stock Ownership Plan ranks in the 81st 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 ESOP plans are similar in size to Novaspect Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Kenmark Optical, Inc. Employee Stock Ownership Plan in KY ($26M, 105 participants).
Which ESOP plans cover a similar participant headcount to Novaspect Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Extreme Engineering Solutions, Inc. Employee Stock Ownership Plan in WI (342 participants, $220M in assets).

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 270711939.

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.