401(k) · DOL Form 5500 · 2024

Nova Biomedical Corporation 401(k) Plan

Data updated 2026-08-25

$180M
Total assets Near avg plan size
1,201
Participants Near avg headcount
94th
Percentile by assets National rank
$150,048
Avg per participant Above avg balance/head
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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.

  • #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.

#16,122
in Manufacturing (17,777 peers)
+16.8%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Nova Employee Savings Trust (N.E.S.T.)'s outsized position 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

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

Nova Employee Savings Trust (N.E.S.T.)'s large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nova Employee Savings Trust (N.E.S.T.) lands in the large band (1,201 participants).

What changed between DOL Form 5500 filings

plan year 2023 → 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 →

DOL schedule card

Filing strip 042592580 · Nova Biomedical Corporation PY 2024 · 401(k)

Nova Employee Savings Trust (N.E.S.T.) · $180M · 1,201 · 94th

  • TYPE $180M
  • NET 1,201
  • BOOK 94th
  • VS-ST 401(k)
  • BOY near Walmart Puerto Rico 401(k) Plan
  • SCH ind #16122

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 Manufacturing retirement plans → · Plans in Massachusetts →

Nova Employee Savings Trust (N.E.S.T.) in the asset neighbourhood

The Shape Family of Companies Retirement PlanThe Shape Family of Companie…$180MNova Employee Savings Trust (N.E.S.T.)Nova Employee Savings Trust …$180MWalmart Puerto Rico 401(k) PlanWalmart Puerto Rico 401(k) P…$180MClearesult 401(k) Plan$180MSchlumberger Savings and Retirement Plan for U.S. Taxpayers Employed AbroadSchlumberger Savings and Ret…$180M
End-of-year total assets ($M) among Nova Employee Savings Trust (N.E.S.T.) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$154M
Net Assets (End of Year)$180M
Net Income$26M
Employer EIN042592580
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nova Biomedical Corporation)

Sponsor-wide plan assets over time

All Nova Biomedical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$180M 39.136037725337005% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $130M $180M ▲ +39.1%
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 Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Nova Employee Savings Trust (N.E.S.T.), Total assets ($B): 0.18020746 · Participants: 1201Nova Employee Savings Trust (N.E.S.T.)Fidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Nova Employee Savings Trust (N.E.S.T.) vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Nova Employee Savings Trust (N.E.S.T.) side-by-side with 3 peers →

Nova Employee Savings Trust (N.E.S.T.)'s out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Walmart Puerto Rico 401(k) Plan in AR ($180M); by covered participants it is Commvault Systems, Inc. 401(k) Plan in NJ (1,201 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($180M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,201 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 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).
Which 401(k) plans cover a similar participant headcount to Nova Employee Savings Trust (N.E.S.T.)? ▼
Among 401(k) plans in other states, the closest by covered participants is Commvault Systems, Inc. 401(k) Plan in NJ (1,201 participants, $290M in assets).

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.

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.