401(k) · DOL Form 5500 · 2023

Nova 401(k) Associates 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
145
Participants Small participant base
72nd
Percentile by assets National rank
$131,412
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nova 401(k) Plan · Sponsored by Nova 401(k) Associates · Texas · Finance & Insurance

$19M in assets, 145 participants

Nova 401(k) Associates's Nova 401(k) Plan reported $19M in total assets and 145 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #5,148 in Finance & Insurance (8,869 peers)

Coverage in Texas

Nova 401(k) Plan covers 145 participants in Texas, about 21% of the average Texas filer (state average ~688 per filing). Assets: $19M.

#5,148
in Finance & Insurance (8,869 peers)
+26.5%
assets growth YoY

Nova 401(k) Plan's outsized position by total assets

Nova 401(k) Plan vs every filed plan by assets

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

$19,054,689 Top 28% higher than 72% 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

Nova 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nova 401(k) Plan sits mid-pack in the medium band (145 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nova 401(k) Plan reported net income rose from -$303K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Nova 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 201181458 · Nova 401(k) Associates PY 2023 · 401(k)

Nova 401(k) Plan · $19M · 145 · 72nd

  • NET $19M
  • NET 145
  • NET 72nd
  • NET 401(k)
  • NET near Public Citizen, Inc. Employees Savings Trust
  • NET ind #5148

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 Texas →

Nova 401(k) Plan in the asset neighbourhood

Valley Power Systems, Inc. Profit Sharing & Pre-Tax Savings PlanValley Power Systems, Inc. P…$19MNova 401(k) Plan$19MPublic Citizen, Inc. Employees Savings TrustPublic Citizen, Inc. Employe…$19MMonument Group, L.P. Profit Sharing PlanMonument Group, L.P. Profit …$19MEngle-Hambright & Davies, Inc. 401(k) Retirement PlanEngle-Hambright & Davies, In…$19M
End-of-year total assets ($M) among Nova 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$19M
Net Income$4M
Employer EIN201181458
Plan Effective Date2003-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nova 401(k) Associates)

Sponsor-wide plan assets over time

All Nova 401(k) Associates plans reported in each filing year

Latest sponsor-wide plan assets
$25M 64.48425558314797% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $15.1M $24.8M ▲ +64.4%
Year Plans Participants Total Assets
2022 1 145 $15M
2023 1 145 $19M
2024 1 185 $25M

Nearby 401(k) Plans in Texas

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

Nova 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Nova 401(k) Plan, Total assets ($B): 0.019054689 · Participants: 145Nova 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Nova 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Nova 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Public Citizen, Inc. Employees Savings Trust in DC ($19M); by covered participants it is Fabian Oil Inc Profit Sharing Plan and Trust in ME (145 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (145 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 Nova 401(k) Plan assets move in 2023?
Nova 401(k) Plan grew sharply - up 26.5% during 2023, from $15M to $19M. Reported net income was $4M.
How have Nova 401(k) Associates plan assets changed over time?
Across 3 plan years on file (2022-2024), Nova 401(k) Associates's sponsor-wide assets grew 64.5%, from $15M to $25M.
Which 401(k) plans are similar in size to Nova 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Public Citizen, Inc. Employees Savings Trust in DC ($19M, 119 participants).
Which 401(k) plans cover a similar participant headcount to Nova 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Fabian Oil Inc Profit Sharing Plan and Trust in ME (145 participants, N/A in assets).