401(k) · DOL Form 5500 · 2022
Novel Energy Solutions, LLC 401(k) Plan
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- 113
- Participants Small participant base
- 32nd
- Percentile by assets National rank
- $16,139
- Avg per participant Low balance/head
Official DOL plan name: Nes 401 (K) Plan · Sponsored by Novel Energy Solutions, LLC · Minnesota · Construction
$2M in assets, 113 participants
Novel Energy Solutions, LLC's Nes 401 (K) Plan reported $2M in total assets and 113 participants in its 2022 DOL Form 5500 filing, ranking in the 32nd 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.
- #2,982 in Construction (9,927 peers)
Coverage in Minnesota
Nes 401 (K) Plan covers 113 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $2M.
- #2,982
- in Construction (9,927 peers)
- +15.8%
- assets growth YoY
Nes 401 (K) Plan among the smaller filed plans by assets
Nes 401 (K) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,823,738 32nd percentile higher than 32% 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
Nes 401 (K) 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. Nes 401 (K) Plan sits mid-pack in the medium band (113 participants).
Plan-year Form 5500 strip
Filing strip 455469407 · Novel Energy Solutions, LLC PY 2022 · 401(k)
Nes 401 (K) Plan · $2M · 113 · 32nd
- PCT $2M
- EIN 113
- RANK 32nd
- PHOTO 401(k)
- IND near Pro-Grass, Inc. Retirement Plan
- EOY ind #2982
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 Minnesota →
Nes 401 (K) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | $249K |
| Employer EIN | 455469407 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novel Energy Solutions, LLC)
Sponsor-wide plan assets over time
All Novel Energy Solutions, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $5M 178.5004753972336% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 113 | $2M |
| 2023 | 1 | 135 | $3M |
| 2024 | 1 | 244 | $5M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Nes 401 (K) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Pro-Grass, Inc. Retirement Plan in OR ($2M); by covered participants it is Clinical Computer Systems, Inc. Employees' Profit Sharing 401(k) Plan in IL (113 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (113 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.