401(k) · DOL Form 5500 · 2023

Nova Chemicals, Inc. 401(k) Plan

Data updated 2026-08-11

$144M
Total assets
279
Participants
93rd
Percentile by assets
$515,111
Avg per participant
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Official DOL plan name: Nova Chemicals Inc. Savings Plan for U.S. Employees · Sponsored by Nova Chemicals, Inc. · Pennsylvania · Manufacturing

$144M in assets, 279 participants

Nova Chemicals, Inc.'s Nova Chemicals Inc. Savings Plan for U.S. Employees reported $144M in total assets and 279 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,820 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Nova Chemicals Inc. Savings Plan for U.S. Employees covers 279 participants in Pennsylvania, about 34% of the average Pennsylvania filer (state average ~822 per filing). Assets: $144M.

$144M
total plan assets (2023 EOY)
279
covered participants
93rd
percentile by assets (of 127,072 plans)
$515,111
avg assets per participant

Where Nova Chemicals Inc. Savings Plan for U.S. Employees sits by total assets

Nova Chemicals Inc. Savings Plan for U.S. Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$143,715,904 Top 7% higher than 93% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nova Chemicals Inc. Savings Plan for U.S. Employees reported net income rose from -$29M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Nova Chemicals Inc. Savings Plan for U.S. Employees end-of-year assets rose from $129M in the plan year 2022 filing to $144M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Nova Chemicals Inc. Savings Plan for U.S. Employees reports 279 participants - about 34% of that state average ($144M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$129M
Net Assets (End of Year)$144M
Net Income$15M
Employer EIN363203832
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nova Chemicals, Inc.)

$120M$130M$140M$150M$160M$170M 202220232024 $129M $161M ▲ +25.1%
Total plan assets by year, all Nova Chemicals, Inc. plans on file
Year Plans Participants Total Assets
2022 1 278 $129M
2023 1 279 $144M
2024 1 278 $161M

Nearby 401(k) Plans in Pennsylvania

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

Nova Chemicals Inc. Savings Plan for U.S. Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Nova Chemicals Inc. Savings Plan for U.S. Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Nova Chemicals Inc. …Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Nova Chemicals Inc. Savings Plan for U.S. Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nova Chemicals Inc. Savings Plan for U.S. Employees by total assets, not by location.

Frequently Asked Questions

How did Nova Chemicals Inc. Savings Plan for U.S. Employees assets move in 2023?
Nova Chemicals Inc. Savings Plan for U.S. Employees grew at a solid clip - up 11.5% during 2023, from $129M to $144M. Reported net income was $15M.
How have Nova Chemicals, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nova Chemicals, Inc.'s sponsor-wide assets grew 25.1%, from $129M to $161M.
Where does Nova Chemicals Inc. Savings Plan for U.S. Employees rank by assets among Form 5500 filers?
Nova Chemicals Inc. Savings Plan for U.S. Employees ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Nova Chemicals Inc. Savings Plan for U.S. Employees?
Among 401(k) plans in other states, the closest by assets is Whitman, Requardt & Associates, LLP 401(k) Plan in MD ($144M, 796 participants).

Next read for Nova Chemicals Inc. Savings Plan for U.S…

Filing takeaways

Ways to act on Nova Chemicals Inc. Savings Plan for U.S. Employees's numbers.

  • By total assets, Nova Chemicals Inc. Savings Plan for U.S. Employees 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 Pennsylvania. Compare plans
  • Nova Chemicals, Inc.'s sponsor-wide assets have grown 25.1% since 2022 across 3 plan years on file. More Manufacturing plans