401(k) · DOL Form 5500 · 2023

Novateur Education, Inc. 401(k) Plan

Data updated 2026-08-11

$109M
Total assets
1,996
Participants
92nd
Percentile by assets
$54,633
Avg per participant
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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.

  • 92nd percentile by assets (of 127,072 plans)
  • #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.

$109M
total plan assets (2023 EOY)
1,996
covered participants
92nd
percentile by assets (of 127,072 plans)
$54,633
avg assets per participant

Where Novateur Education, Inc. Retirement Plan sits 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 $2,010,000,000 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

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 →

State
Virginia
Industry
Educational Services

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Novateur Education, Inc. Retirement Plan reports 1,996 participants - 2.6x that state average ($109M EOY assets).

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.)

$80M$90M$100M$110M$120M$130M 202220232024 $92.8M $124M ▲ +33.7%
Total plan assets by year, all Novateur Education, Inc. plans on file
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 ($B) Participants Novateur Education, …, Total assets ($B): 0.109047099 · Participants: 1996Novateur Education, …Northrop Grumman Sav…, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Cor…Leidos, Inc. Retirem…, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirem…Bae Systems Employee…, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employee…
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 →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Novateur Education, Inc. Retirement Plan by total assets, not by location.

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).

Next read for Novateur Education, Inc. Retirement Plan

Filing takeaways

Ways to act on Novateur Education, Inc. Retirement Plan's numbers.

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.