Profit Sharing · DOL Form 5500 · 2023

Novasel & Schwarte Investments, Inc. Profit Sharing Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
4
Participants Small participant base
53rd
Percentile by assets National rank
$1.9M
Avg per participant High balance/head
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Official DOL plan name: Novasel & Schwarte Investments, Inc. Profit Sharing Plan · Sponsored by Novasel & Schwarte Investments, Inc. · California · Finance & Insurance

$8M in assets, 4 participants

Novasel & Schwarte Investments, Inc.'s Novasel & Schwarte Investments, Inc. Profit Sharing Plan reported $8M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #3,369 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Novasel & Schwarte Investments, Inc. Profit Sharing Plan holds $8M for 4 participants - about $1.9M per participant, above the median plan by assets.

#3,369
in Finance & Insurance (8,869 peers)
+1.8%
assets growth YoY

Novasel & Schwarte Investments, Inc. Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Novasel & Schwarte Investments, Inc. Profit Sharing Plan vs every filed plan by assets

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

$7,643,560 Top 47% higher than 53% of 127,068 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 2023

Novasel & Schwarte Investments, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novasel & Schwarte Investments, Inc. Profit Sharing Plan is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Novasel & Schwarte Investments, Inc. Profit Sharing Plan reported net income fell from $493K in the plan year 2022 filing to $134K in the plan year 2023 filing.
  • Novasel & Schwarte Investments, Inc. Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 942564379 · Novasel & Schwarte Investments, Inc. PY 2023 · Profit Sharing

Novasel & Schwarte Investments, Inc. Profit Sharing Plan · $8M · 4 · 53rd

  • RANK $8M
  • RANK 4
  • RANK 53rd
  • RANK Profit Sharing
  • RANK near The Joyce Foundation Employees Pension Plan
  • RANK ind #3369

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 Finance & Insurance retirement plans → · Plans in California →

Novasel & Schwarte Investments, Inc. Profit Sharing Plan in the asset neighbourhood

The Joyce Foundation Employees Pension PlanThe Joyce Foundation Employe…$8MVna Health System 403(b) Plan$8MNovasel & Schwarte Investments, Inc. Profit Sharing PlanNovasel & Schwarte Investmen…$8MKeith P. Tyler Profit Sharing PlanKeith P. Tyler Profit Sharin…$8MMoog Louisville Warehouse, Inc. Profit Sharing PlanMoog Louisville Warehouse, I…$8M
End-of-year total assets ($M) among Novasel & Schwarte Investments, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$134K
Employer EIN942564379
Plan Effective Date1985-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novasel & Schwarte Investments, Inc.)

Sponsor-wide plan assets over time

All Novasel & Schwarte Investments, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 4.2383027613644675% vs 2022
2024 filing year
$7.4M$7.5M$7.6M$7.7M$7.8M$7.9M 202220232024 $7.51M $7.83M ▲ +4.3%
Year Plans Participants Total Assets
2022 1 4 $8M
2023 1 4 $8M
2024 1 4 $8M

Nearby Profit Sharing Plans in California

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

Novasel & Schwarte Investments, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Novasel & Schwarte Investments, Inc. Profit Sharing Plan, Total assets ($B): 0.00764356 · Participants: 4Novasel & Schwarte Investments, Inc. Profit Sharing PlanIntel Retirement Contribution Plan, Total assets ($B): 7.243052996 · Participants: 21513Intel Retirement Contribution PlanScpmg Keogh Plan, Total assets ($B): 6.822267649 · Participants: 10125Scpmg Keogh PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 5.851994984 · Participants: 71071Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.32726 · Participants: 4728Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.092654738 · Participants: 37110Disney Retirement Savings Plan
Novasel & Schwarte Investments, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Novasel & Schwarte Investments, Inc. Profit Sharing Plan side-by-side with 3 peers →

Novasel & Schwarte Investments, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is The Joyce Foundation Employees Pension Plan in IL ($8M); by covered participants it is Sj Grillo Profit Sharing Plan in NY (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Novasel & Schwarte Investments, Inc. Profit Sharing Plan assets move in 2023? ▼
Novasel & Schwarte Investments, Inc. Profit Sharing Plan edged up modestly - up 1.8% during 2023, from $8M to $8M. Reported net income was $134K.
How have Novasel & Schwarte Investments, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novasel & Schwarte Investments, Inc.'s sponsor-wide assets grew 4.2%, from $8M to $8M.
Which Profit Sharing plans are similar in size to Novasel & Schwarte Investments, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is The Joyce Foundation Employees Pension Plan in IL ($8M, 32 participants).
Which Profit Sharing plans cover a similar participant headcount to Novasel & Schwarte Investments, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Sj Grillo Profit Sharing Plan in NY (4 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 942564379.

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.