401(k) · DOL Form 5500 · 2023

Nova Biomedical Corporation 401(k) Plan

Data updated 2026-08-25

$154M
Total assets Near avg plan size
1,174
Participants Near avg headcount
94th
Percentile by assets National rank
$131,454
Avg per participant Near avg balance/head
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Official DOL plan name: Nova Employee Savings Trust (N.E.S.T.) · Sponsored by Nova Biomedical Corporation · Massachusetts · Manufacturing

$154M in assets, 1,174 participants

Nova Biomedical Corporation's Nova Employee Savings Trust (N.E.S.T.) reported $154M in total assets and 1,174 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,903 in Manufacturing (18,722 peers)

Where Nova Employee Savings Trust (N.E.S.T.) sits by assets

Nova Employee Savings Trust (N.E.S.T.) sits in the top 10% of all filed plans by assets, $154M for 1,174 participants (~$131,454/participant), up 19.2% in 2023.

#16,903
in Manufacturing (18,722 peers)
+19.2%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Nova Employee Savings Trust (N.E.S.T.)'s outsized position by total assets

Nova Employee Savings Trust (N.E.S.T.) vs every filed plan by assets

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

$154,327,140 Top 6% higher than 94% 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 Employee Savings Trust (N.E.S.T.)'s large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nova Employee Savings Trust (N.E.S.T.) lands in the large band (1,174 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nova Employee Savings Trust (N.E.S.T.) reported net income rose from -$24M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Nova Employee Savings Trust (N.E.S.T.) end-of-year assets rose from $130M in the plan year 2022 filing to $154M in the plan year 2023 filing.
  • Nova Employee Savings Trust (N.E.S.T.) reported participants rose from 1,118 in the plan year 2022 filing to 1,174 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 042592580 · Nova Biomedical Corporation PY 2023 · 401(k)

Nova Employee Savings Trust (N.E.S.T.) · $154M · 1,174 · 94th

  • RANK $154M
  • PHOTO 1,174
  • IND 94th
  • EOY 401(k)
  • 5500 near Helix Electric, Inc. 401(k) Savings Plan
  • ASSETS ind #16903

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 Employee Savings Trust (N.E.S.T.) in the asset neighbourhood

As America, Inc. 401(k) Plan$154MNova Employee Savings Trust (N.E.S.T.)Nova Employee Savings Trust …$154MHelix Electric, Inc. 401(k) Savings PlanHelix Electric, Inc. 401(k) …$154MExpro U.S. Employee 401(k) PlanExpro U.S. Employee 401(k) P…$154MElectroimpact, Inc. 401(k) Profit Sharing PlanElectroimpact, Inc. 401(k) P…$154M
End-of-year total assets ($M) among Nova Employee Savings Trust (N.E.S.T.) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$130M
Net Assets (End of Year)$154M
Net Income$25M
Employer EIN042592580
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nova Biomedical Corporation)

Sponsor-wide plan assets over time

All Nova Biomedical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$180M 39.136037725337005% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $130M $180M ▲ +39.1%
Year Plans Participants Total Assets
2022 1 1,118 $130M
2023 1 1,174 $154M
2024 1 1,201 $180M

Nearby 401(k) Plans in Massachusetts

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

Nova Employee Savings Trust (N.E.S.T.) vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Nova Employee Savings Trust (N.E.S.T.), Total assets ($B): 0.15432714 · Participants: 1174Nova Employee Savings Trust (N.E.S.T.)Fidelity 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 Employee Savings Trust (N.E.S.T.) vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Nova Employee Savings Trust (N.E.S.T.) side-by-side with 3 peers →

Nova Employee Savings Trust (N.E.S.T.)'s out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Helix Electric, Inc. 401(k) Savings Plan in CA ($154M); by covered participants it is Molded Fiber Glass Companies Profit Sharing & 401(k) Plan in OH (1,174 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($154M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,174 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 Employee Savings Trust (N.E.S.T.) assets move in 2023? ▼
Nova Employee Savings Trust (N.E.S.T.) grew sharply - up 19.2% during 2023, from $130M to $154M. Reported net income was $25M.
How have Nova Biomedical Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nova Biomedical Corporation's sponsor-wide assets grew 39.1%, from $130M to $180M.
Where does Nova Employee Savings Trust (N.E.S.T.) rank by assets among Form 5500 filers? ▼
Nova Employee Savings Trust (N.E.S.T.) ranks in the 94th 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 Employee Savings Trust (N.E.S.T.)? ▼
Among 401(k) plans in other states, the closest by assets is Helix Electric, Inc. 401(k) Savings Plan in CA ($154M, 3,126 participants).
Which 401(k) plans cover a similar participant headcount to Nova Employee Savings Trust (N.E.S.T.)? ▼
Among 401(k) plans in other states, the closest by covered participants is Molded Fiber Glass Companies Profit Sharing & 401(k) Plan in OH (1,174 participants, $63M 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 042592580.

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.