401(k) · DOL Form 5500 · 2024

Novo Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
221
Participants Below avg headcount
76th
Percentile by assets National rank
$127,346
Avg per participant Near avg balance/head
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Official DOL plan name: Novo Construction, Inc. 401(k) Profit Sharing Plan · Sponsored by Novo Construction, Inc. · California · Construction

$28M in assets, 221 participants

Novo Construction, Inc.'s Novo Construction, Inc. 401(k) Profit Sharing Plan reported $28M in total assets and 221 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #6,771 in Construction (9,039 peers)

Coverage in California

Novo Construction, Inc. 401(k) Profit Sharing Plan covers 221 participants in California, about 35% of the average California filer (state average ~630 per filing). Assets: $28M.

#6,771
in Construction (9,039 peers)
+20.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Novo Construction, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Novo Construction, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$28,143,395 Top 24% higher than 76% of 123,620 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 2024

Novo Construction, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novo Construction, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (221 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Novo Construction, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $23M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Novo Construction, Inc. 401(k) Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Novo Construction, Inc. 401(k) Profit Sharing Plan reported participants fell from 241 in the plan year 2023 filing to 221 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 912100953 · Novo Construction, Inc. PY 2024 · 401(k)

Novo Construction, Inc. 401(k) Profit Sharing Plan · $28M · 221 · 76th

  • BOY $28M
  • SCH 221
  • EBSA 76th
  • PART 401(k)
  • TYPE near Wisconsin Vision Associates, Inc. 401(k) Profit Sharing Plan
  • NET ind #6771

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 Construction retirement plans → · Plans in California →

Novo Construction, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Rhinebeck Bank 401(k) Plan$28MThorpe Specialty Services Corporation 401(k) PlanThorpe Specialty Services Co…$28MNovo Construction, Inc. 401(k) Profit Sharing PlanNovo Construction, Inc. 401(…$28MWisconsin Vision Associates, Inc. 401(k) Profit Sharing PlanWisconsin Vision Associates,…$28MGlobal Tbm Company Retirement Savings PlanGlobal Tbm Company Retiremen…$28M
End-of-year total assets ($M) among Novo Construction, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$28M
Net Income$5M
Employer EIN912100953
Plan Effective Date2002-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Novo Construction, Inc.)

Sponsor-wide plan assets over time

All Novo Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 55.955893191412486% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.1M $28.1M ▲ +55.9%
Year Plans Participants Total Assets
2022 1 169 $18M
2023 1 241 $23M
2024 1 221 $28M

Nearby 401(k) Plans in California

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

Novo Construction, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Novo Construction, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.028143395 · Participants: 221Novo Construction, Inc. 401(k) Profit Sharing PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Novo Construction, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Novo Construction, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Wisconsin Vision Associates, Inc. 401(k) Profit Sharing Plan in WI ($28M); by covered participants it is Sage Atc Environmental Consulting LLC 401(k) Plan in TX (221 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (221 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Novo Construction, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Novo Construction, Inc. 401(k) Profit Sharing Plan grew sharply - up 20.5% during 2024, from $23M to $28M. Reported net income was $5M.
How have Novo Construction, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Novo Construction, Inc.'s sponsor-wide assets grew 56.0%, from $18M to $28M.
Where does Novo Construction, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Novo Construction, Inc. 401(k) Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Novo Construction, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Wisconsin Vision Associates, Inc. 401(k) Profit Sharing Plan in WI ($28M, 338 participants).
Which 401(k) plans cover a similar participant headcount to Novo Construction, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Sage Atc Environmental Consulting LLC 401(k) Plan in TX (221 participants, N/A in assets).