401(k) · DOL Form 5500 · 2024

Nova 401(k) Associates 401(k) Plan

Data updated 2026-08-11

$25M
Total assets
185
Participants
74th
Percentile by assets
$133,968
Avg per participant
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Official DOL plan name: Nova 401(k) Plan · Sponsored by Nova 401(k) Associates · Texas · Finance & Insurance

$25M in assets, 185 participants

Nova 401(k) Associates's Nova 401(k) Plan reported $25M in total assets and 185 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 123,622 plans)
  • #5,156 in Finance & Insurance (8,549 peers)

Coverage in Texas

Nova 401(k) Plan covers 185 participants in Texas, about 27% of the average Texas filer (state average ~688 per filing). Assets: $25M.

$25M
total plan assets (2024 EOY)
185
covered participants
74th
percentile by assets (of 123,622 plans)
$133,968
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nova 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Nova 401(k) Plan end-of-year assets rose from $19M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Nova 401(k) Plan reported participants rose from 145 in the plan year 2023 filing to 185 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Nova 401(k) Plan reports 185 participants - about 27% of that state average ($25M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$25M
Net Income$6M
Employer EIN201181458
Plan Effective Date2003-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nova 401(k) Associates)

$10M$15M$20M$25M$30M 202220232024 $15.1M $24.8M ▲ +64.4%
Total plan assets by year, all Nova 401(k) Associates plans on file
Year Plans Participants Total Assets
2022 1 145 $15M
2023 1 145 $19M
2024 1 185 $25M

Nearby 401(k) Plans in Texas

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

Nova 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Nova 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Nova 401(k) PlanAT&T Retirement Savi…Exxonmobil Savings P…Chevron Employee Sav…Caterpillar 401(k) S…Southwest Airlines C…
Nova 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nova 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Nova 401(k) Plan assets move in 2024?
Nova 401(k) Plan surged - up 30.1% during 2024, from $19M to $25M. Reported net income was $6M.
How have Nova 401(k) Associates plan assets changed over time?
Across 3 plan years on file (2022-2024), Nova 401(k) Associates's sponsor-wide assets grew 64.5%, from $15M to $25M.
Which 401(k) plans are similar in size to Nova 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Spaulding Ridge 401(k) Plan in IL ($25M, 278 participants).

Filing takeaways

Ways to act on Nova 401(k) Plan's numbers.