401(k)
2023 plan-year 401(k) DOL Form 5500

NOVATEUR EDUCATION, INC. RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

NOVATEUR EDUCATION, INC.

This 401(k) plan holds $109M in total assets and serves 1,996 participants as of 2023. It is sponsored by NOVATEUR EDUCATION, INC. in Virginia. The plan reported positive net income of $16M for the year.

Total Assets (2023)
$109M
Participants
1,996
State
Industry
Educational Services

What the Filing Says About NOVATEUR EDUCATION, INC. RETIREMENT PLAN

NOVATEUR EDUCATION, INC. RETIREMENT PLAN is a 401(k) retirement plan sponsored by NOVATEUR EDUCATION, INC., headquartered in Virginia. As of the 2023 Form 5500 filing, the plan reports $109M in total end-of-year assets and covers 1,996 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 540799894, and the plan has been effective since 1981-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $93M at the beginning of 2023 to $109M at year-end — a gain of 17.5%. Net assets (after liabilities) closed the year at $109M, with reported net income of $16M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$93M
Total Assets (End of Year)$109M
Net Assets (End of Year)$109M
Net Income$16M
Plan Type401(k)
Employer EIN540799894
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NOVATEUR EDUCATION, INC.)

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

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Frequently Asked Questions

How much money is in the NOVATEUR EDUCATION, INC. RETIREMENT PLAN?
As of the 2023 Form 5500 filing, NOVATEUR EDUCATION, INC. RETIREMENT PLAN holds $109M in total assets with 1,996 participants. It is sponsored by NOVATEUR EDUCATION, INC..
What type of plan is NOVATEUR EDUCATION, INC. RETIREMENT PLAN?
NOVATEUR EDUCATION, INC. RETIREMENT PLAN is a 401(k) plan. It has been effective since 1981-07-01. The plan is filed with the U.S. Department of Labor under EIN 540799894.
Who sponsors the NOVATEUR EDUCATION, INC. RETIREMENT PLAN?
NOVATEUR EDUCATION, INC. RETIREMENT PLAN is sponsored by NOVATEUR EDUCATION, INC., located in Virginia. The sponsor's EIN is 540799894 and the plan operates in the Educational Services industry.
How did NOVATEUR EDUCATION, INC. RETIREMENT PLAN perform in 2023?
NOVATEUR EDUCATION, INC. RETIREMENT PLAN grew by 17.5% during 2023, moving from $93M to $109M in total assets. Net income was $16M.
Where can I find official filings for NOVATEUR EDUCATION, INC. RETIREMENT PLAN?
Official Form 5500 filings for NOVATEUR EDUCATION, INC. RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 540799894 or plan name at efast.dol.gov.
How does NOVATEUR EDUCATION, INC. RETIREMENT PLAN compare to other plans?
You can compare NOVATEUR EDUCATION, INC. RETIREMENT PLAN against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.