401(k) · DOL Form 5500 · 2023

Novo Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
241
Participants Below avg headcount
75th
Percentile by assets National rank
$96,943
Avg per participant Below avg balance/head
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Official DOL plan name: Novo Construction, Inc. 401(k) Profit Sharing Plan · Sponsored by Novo Construction, Inc. · California · Construction

$23M in assets, 241 participants

Novo Construction, Inc.'s Novo Construction, Inc. 401(k) Profit Sharing Plan reported $23M in total assets and 241 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,680 in Construction (9,030 peers)

Coverage in California

Novo Construction, Inc. 401(k) Profit Sharing Plan covers 241 participants in California, about 38% of the average California filer (state average ~630 per filing). Assets: $23M.

#6,680
in Construction (9,030 peers)
+29.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Novo Construction, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Novo Construction, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$23,363,329 Top 25% higher than 75% 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

Novo Construction, Inc. 401(k) Profit Sharing 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. Novo Construction, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (241 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Novo Construction, Inc. 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Novo Construction, Inc. 401(k) Profit Sharing Plan reported participants rose from 169 in the plan year 2022 filing to 241 in the plan year 2023 filing.
  • Novo Construction, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $23M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 912100953 · Novo Construction, Inc. PY 2023 · 401(k)

Novo Construction, Inc. 401(k) Profit Sharing Plan · $23M · 241 · 75th

  • SCH $23M
  • EBSA 241
  • PART 75th
  • TYPE 401(k)
  • NET near Team Velocity Marketing, LLC 401(k) Plan
  • BOOK ind #6680

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 California →

Novo Construction, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

98point6 Inc. Retirement Trust98point6 Inc. Retirement Tru…$23MWac Lighting Co. 401(k) Profit Sharing PlanWac Lighting Co. 401(k) Prof…$23MNovo Construction, Inc. 401(k) Profit Sharing PlanNovo Construction, Inc. 401(…$23MTeam Velocity Marketing, LLC 401(k) PlanTeam Velocity Marketing, LLC…$23MCorevitas, LLC 401(k) Plan$23M
End-of-year total assets ($M) among Novo Construction, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$23M
Net Income$5M
Employer EIN912100953
Plan Effective Date2002-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Novo Construction, Inc.)

Sponsor-wide plan assets over time

All Novo Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 55.955893191412486% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.1M $28.1M ▲ +55.9%
Year Plans Participants Total Assets
2022 1 169 $18M
2023 1 241 $23M
2024 1 221 $28M

Nearby 401(k) Plans in California

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

Novo Construction, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Novo Construction, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.023363329 · Participants: 241Novo Construction, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Novo Construction, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Novo Construction, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Novo Construction, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Team Velocity Marketing, LLC 401(k) Plan in VA ($23M); by covered participants it is Tango Card Inc 401(k) Profit Sharing Plan and Trust in WA (241 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (241 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 Novo Construction, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Novo Construction, Inc. 401(k) Profit Sharing Plan grew sharply - up 29.5% during 2023, from $18M to $23M. Reported net income was $5M.
How have Novo Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novo Construction, Inc.'s sponsor-wide assets grew 56.0%, from $18M to $28M.
Where does Novo Construction, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Novo Construction, Inc. 401(k) Profit Sharing Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Novo Construction, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Team Velocity Marketing, LLC 401(k) Plan in VA ($23M, 361 participants).
Which 401(k) plans cover a similar participant headcount to Novo Construction, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tango Card Inc 401(k) Profit Sharing Plan and Trust in WA (241 participants, $19M 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 912100953.

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.