401(k) · DOL Form 5500 · 2023

Novateur Education, Inc. 401(k) Plan

Data updated 2026-08-25

$109M
Total assets Near avg plan size
1,996
Participants Near avg headcount
92nd
Percentile by assets National rank
$54,633
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Novateur Education, Inc. Retirement Plan · Sponsored by Novateur Education, Inc. · Virginia · Educational Services

$109M in assets, 1,996 participants

Novateur Education, Inc.'s Novateur Education, Inc. Retirement Plan reported $109M in total assets and 1,996 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #3,208 in Educational Services (3,735 peers)

Coverage in Virginia

Novateur Education, Inc. Retirement Plan covers 1,996 participants in Virginia, 2.6x the typical Virginia plan (state average ~782 per filing). Assets: $109M.

#3,208
in Educational Services (3,735 peers)
+17.5%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Novateur Education, Inc. Retirement Plan's outsized position by total assets

Novateur Education, Inc. Retirement Plan vs every filed plan by assets

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

$109,047,099 Top 8% higher than 92% 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

Novateur Education, Inc. Retirement Plan'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. Novateur Education, Inc. Retirement Plan lands in the large band (1,996 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Novateur Education, Inc. Retirement Plan reported net income rose from -$21M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Novateur Education, Inc. Retirement Plan end-of-year assets rose from $93M in the plan year 2022 filing to $109M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 540799894 · Novateur Education, Inc. PY 2023 · 401(k)

Novateur Education, Inc. Retirement Plan · $109M · 1,996 · 92nd

  • ASSETS $109M
  • ASSETS 1,996
  • ASSETS 92nd
  • ASSETS 401(k)
  • ASSETS near Orchard, Hiltz & Mccliment Profit Sharing/401(k) Plan
  • ASSETS ind #3208

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 Educational Services retirement plans → · Plans in Virginia →

Novateur Education, Inc. Retirement Plan in the asset neighbourhood

Tanimura & Antle, Inc. Profit Sharing 401(k) PlanTanimura & Antle, Inc. Profi…$109MLakeview Health 401(k) Plan$109MNovateur Education, Inc. Retirement PlanNovateur Education, Inc. Ret…$109MOrchard, Hiltz & Mccliment Profit Sharing/401(k) PlanOrchard, Hiltz & Mccliment P…$109MIsland Employment Services, LLC 401(k) Profit Sharing PlanIsland Employment Services, …$109M
End-of-year total assets ($M) among Novateur Education, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$109M
Net Income$16M
Employer EIN540799894
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novateur Education, Inc.)

Sponsor-wide plan assets over time

All Novateur Education, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$124M 33.732236608723056% vs 2022
2024 filing year
$80M$90M$100M$110M$120M$130M 202220232024 $92.8M $124M ▲ +33.7%
Year Plans Participants Total Assets
2022 1 1,993 $93M
2023 1 1,996 $109M
2024 1 2,058 $124M

Nearby 401(k) Plans in Virginia

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

Novateur Education, Inc. Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Novateur Education, Inc. Retirement Plan, Total assets ($B): 0.109047099 · Participants: 1996Novateur Education, Inc. Retirement PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Novateur Education, Inc. Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Novateur Education, Inc. Retirement Plan side-by-side with 3 peers →

Novateur Education, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Orchard, Hiltz & Mccliment Profit Sharing/401(k) Plan in MI ($109M); by covered participants it is Hoshizaki USA Holdings, Inc. Retirement Plan in GA (1,996 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,996 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 Novateur Education, Inc. Retirement Plan assets move in 2023? ▼
Novateur Education, Inc. Retirement Plan grew sharply - up 17.5% during 2023, from $93M to $109M. Reported net income was $16M.
How have Novateur Education, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novateur Education, Inc.'s sponsor-wide assets grew 33.7%, from $93M to $124M.
Where does Novateur Education, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Novateur Education, Inc. Retirement Plan ranks in the 92nd 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 Novateur Education, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Orchard, Hiltz & Mccliment Profit Sharing/401(k) Plan in MI ($109M, 598 participants).
Which 401(k) plans cover a similar participant headcount to Novateur Education, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hoshizaki USA Holdings, Inc. Retirement Plan in GA (1,996 participants, $107M 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 540799894.

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.