401(k) · DOL Form 5500 · 2022
Novae Corporation 401(k) Plan
Data updated 2026-08-25
- $23M
- Total assets Small plan by assets
- 1,145
- Participants Near avg headcount
- 79th
- Percentile by assets National rank
- $20,414
- Avg per participant Low balance/head
Official DOL plan name: Novae LLC 401(k) Retirement Plan · Sponsored by Novae Corporation · Indiana · Manufacturing
$23M in assets, 1,145 participants
Novae Corporation's Novae LLC 401(k) Retirement Plan reported $23M in total assets and 1,145 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.
- #14,647 in Manufacturing (20,602 peers)
Coverage in Indiana
Novae LLC 401(k) Retirement Plan covers 1,145 participants in Indiana, 2.1x the typical Indiana plan (state average ~541 per filing). Assets: $23M.
- #14,647
- in Manufacturing (20,602 peers)
- +25.9%
- assets growth YoY
- 0.2×
- vs typical plan assets (national mean)
The plan reported a net loss of $551K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Novae LLC 401(k) Retirement Plan's outsized position by total assets
Novae LLC 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$23,373,946 Top 21% higher than 79% 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
Novae LLC 401(k) Retirement Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novae LLC 401(k) Retirement Plan lands in the large band (1,145 participants).
Published 5500 schedule card
Filing strip 351953989 · Novae Corporation PY 2022 · 401(k)
Novae LLC 401(k) Retirement Plan · $23M · 1,145 · 79th
- VS-ST $23M
- BOY 1,145
- SCH 79th
- EBSA 401(k)
- PART near Premier Banks Retirement Plan
- TYPE ind #14647
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 Indiana →
Novae LLC 401(k) Retirement Plan in the asset neighbourhood
Indiana filing particulars
| Total Assets (Beginning of Year) | $19M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | -$551K |
| Employer EIN | 351953989 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novae Corporation)
Sponsor-wide plan assets over time
All Novae Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $32M 35.96019687903788% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,145 | $23M |
| 2023 | 1 | 1,460 | $29M |
| 2024 | 1 | 1,279 | $32M |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Elevance Health 401(k) Plan $9.5B · 71,898
- The Lilly Employee 401(k) Plan $8.9B · 15,607
- Cummins Retirement and Savings Plan $4.4B · 23,710
- Iu Health 401(k) Savings Plan $3.2B · 39,243
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.0B · 8,632
Novae LLC 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is Premier Banks Retirement Plan in MN ($23M); by covered participants it is Encova Insurance 401(k) Plan in OH (1,145 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($23M here).
- Premier Banks Retirement Plan (MN) $23M · N/A
- Nuvera Communications, Inc. Salary Savings Plan (MN) $23M · 211
- Dakota Fence Company 401(k) Plan (ND) $23M · 301
- Transwood Employees' Retirement Plan (NE) $23M · 701
Similar participant headcount
Nearest other-state filings by covered participants (1,145 participants); asset peers above are excluded.
- Encova Insurance 401(k) Plan (OH) 1,145 · 0 off
- Hoffmaster Group, Inc. 401(k) and Profit Sharing Plan (WI) 1,145 · 0 off
- The 401(k) Retirement Savings Plan of Broadmoor Hotel, Inc. (CO) 1,145 · 0 off
- Hks, Inc. 401(k) Plan (TX) 1,145 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.