401(k) · DOL Form 5500 · 2024

Nova Biomedical Corporation 401(k) Plan

Data updated 2026-08-11

$180M
Total assets: 1,201
Participants: 94th
Percentile by assets: $150,048
Avg per participant

Official DOL plan name: Nova Employee Savings Trust (N.E.S.T.) · Sponsored by Nova Biomedical Corporation · Massachusetts · Manufacturing

$180M in assets, 1,201 participants

Nova Biomedical Corporation's Nova Employee Savings Trust (N.E.S.T.) reported $180M in total assets and 1,201 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 123,622 plans)
#16,122 in Manufacturing (17,777 peers)

Where Nova Employee Savings Trust (N.E.S.T.) sits by assets

Nova Employee Savings Trust (N.E.S.T.) sits in the top 10% of all filed plans by assets, $180M for 1,201 participants (~$150,048/participant), up 16.8% in 2024.

$180M
total plan assets (2024 EOY): 1,201
covered participants: 94th
percentile by assets (of 123,622 plans): $150,048
avg assets per participant

Where Nova Employee Savings Trust (N.E.S.T.) sits by total assets

Nova Employee Savings Trust (N.E.S.T.) vs every filed plan by assets

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

$180,207,460 Top 6% higher than 94% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Nova Employee Savings Trust (N.E.S.T.) end-of-year assets rose from $154M in the plan year 2023 filing to $180M in the plan year 2024 filing.
Nova Employee Savings Trust (N.E.S.T.) reported net income rose from $25M in the plan year 2023 filing to $26M in the plan year 2024 filing.
Nova Employee Savings Trust (N.E.S.T.) reported participants rose from 1,174 in the plan year 2023 filing to 1,201 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Massachusetts

Industry

Manufacturing

Nova Employee Savings Trust (N.E.S.T.) vs the 2024 asset distribution

By assets, Nova Employee Savings Trust (N.E.S.T.) outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$154M
Net Assets (End of Year)	$180M
Net Income	$26M
Employer EIN	042592580
Plan Effective Date	1984-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Nova Biomedical Corporation)

Total plan assets by year, all Nova Biomedical Corporation plans on file

Year	Plans	Participants	Total Assets
2022	1	1,118	$130M
2023	1	1,174	$154M
2024	1	1,201	$180M

Nearby 401(k) Plans in Massachusetts

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

Nova Employee Savings Trust (N.E.S.T.) vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fidelity Retirement Savings Plan $34.2B · 66,907
Liberty Mutual 401(k) Plan $11.4B · 34,618
Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
State Street Salary Savings Program $6.5B · 12,777

Compare Nova Employee Savings Trust (N.E.S.T.) side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nova Employee Savings Trust (N.E.S.T.) by total assets, not by location.

Walmart Puerto Rico 401(k) Plan (AR) $180M · 10,907
The Shape Family of Companies Retirement Plan (MI) $180M · 2,328
Clearesult 401(k) Plan (TX) $180M · 2,204
Schlumberger Savings and Retirement Plan for U.S. Taxpayers Employed Abroad (TX) $180M · 726

Frequently Asked Questions

How did Nova Employee Savings Trust (N.E.S.T.) assets move in 2024? ▼

Nova Employee Savings Trust (N.E.S.T.) grew sharply - up 16.8% during 2024, from $154M to $180M. Reported net income was $26M.

How have Nova Biomedical Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Nova Biomedical Corporation's sponsor-wide assets grew 39.1%, from $130M to $180M.

Where does Nova Employee Savings Trust (N.E.S.T.) rank by assets among Form 5500 filers? ▼

Nova Employee Savings Trust (N.E.S.T.) ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Nova Employee Savings Trust (N.E.S.T.)? ▼

Among 401(k) plans in other states, the closest by assets is Walmart Puerto Rico 401(k) Plan in AR ($180M, 10,907 participants).

Next read for Nova Employee Savings Trust (N.E.S.T.)

Scale reading

Ways to act on Nova Employee Savings Trust (N.E.S.T.)'s numbers.

By total assets, Nova Employee Savings Trust (N.E.S.T.) ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
Nova Biomedical Corporation's sponsor-wide assets have grown 39.1% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042592580.