401(k) · DOL Form 5500 · 2023

Nova Ventures Group Corp. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
138
Participants Small participant base
74th
Percentile by assets National rank
$152,894
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nova 401(k) Plan · Sponsored by Nova Ventures Group Corp. · Massachusetts · Manufacturing

$21M in assets, 138 participants

Nova Ventures Group Corp.'s Nova 401(k) Plan reported $21M in total assets and 138 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,926 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Nova 401(k) Plan covers 138 participants in Massachusetts, about 21% of the average Massachusetts filer (state average ~659 per filing). Assets: $21M.

#11,926
in Manufacturing (18,722 peers)
+9.7%
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

$21,099,357 Top 26% higher than 74% 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 (138 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nova 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Nova 401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 272321831 · Nova Ventures Group Corp. PY 2023 · 401(k)

Nova 401(k) Plan · $21M · 138 · 74th

  • EBSA $21M
  • PART 138
  • TYPE 74th
  • NET 401(k)
  • BOOK near Surface Combustion, Inc. Profit Sharing/401(k) Plan
  • VS-ST ind #11926

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 Massachusetts →

Nova 401(k) Plan in the asset neighbourhood

Nova 401(k) Plan$21MSurface Combustion, Inc. Profit Sharing/401(k) PlanSurface Combustion, Inc. Pro…$21MUnilock Retirement Plan and Trust (New York)Unilock Retirement Plan and …$21MVaagen Bros Lumber Inc 401(k) Savings Plan and TrustVaagen Bros Lumber Inc 401(k…$21MJohanna Foods, Inc. Savings and Investment PlanJohanna Foods, Inc. Savings …$21M
End-of-year total assets ($M) among Nova 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN272321831
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nova Ventures Group Corp.)

Sponsor-wide plan assets over time

All Nova Ventures Group Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 10.173876742701255% vs 2022
2024 filing year
$19M$20M$21M$22M 202220232024 $19.2M $21.2M ▲ +10.2%
Year Plans Participants Total Assets
2022 1 139 $19M
2023 1 138 $21M
2024 1 136 $21M

Nearby 401(k) Plans in Massachusetts

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

Nova 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Nova 401(k) Plan, Total assets ($B): 0.021099357 · Participants: 138Nova 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Nova 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Nova 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Surface Combustion, Inc. Profit Sharing/401(k) Plan in OH ($21M); by covered participants it is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (138 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 at a solid clip - up 9.7% during 2023, from $19M to $21M. Reported net income was $2M.
How have Nova Ventures Group Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nova Ventures Group Corp.'s sponsor-wide assets grew 10.2%, from $19M to $21M.
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 Surface Combustion, Inc. Profit Sharing/401(k) Plan in OH ($21M, 75 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 Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants, $28M 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 272321831.

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.