ESOP · DOL Form 5500 · 2024

Novaspect Holdings, Inc. ESOP

Data updated 2026-08-25

$67M
Total assets Below avg plan size
431
Participants Below avg headcount
87th
Percentile by assets National rank
$154,666
Avg per participant Above avg balance/head
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Official DOL plan name: Novaspect Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Novaspect Holdings, Inc. · Illinois · Wholesale Trade

$67M in assets, 431 participants

Novaspect Holdings, Inc.'s Novaspect Holdings, Inc. Employee Stock Ownership Plan reported $67M in total assets and 431 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #5,383 in Wholesale Trade (6,080 peers)

Where Novaspect Holdings, Inc. Employee Stock Ownership Plan sits by assets

Novaspect Holdings, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $67M for 431 participants (~$154,666/participant), up 26.1% in 2024.

#5,383
in Wholesale Trade (6,080 peers)
+26.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Novaspect Holdings, Inc. Employee Stock Ownership Plan's outsized position by total assets

Novaspect Holdings, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$66,661,109 Top 13% higher than 87% 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

Novaspect Holdings, Inc. Employee Stock Ownership 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. Novaspect Holdings, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (431 participants).

Plan-year Form 5500 strip

Filing strip 270711939 · Novaspect Holdings, Inc. PY 2024 · ESOP

Novaspect Holdings, Inc. Employee Stock Ownership Plan · $67M · 431 · 87th

  • NET $67M
  • BOOK 431
  • VS-ST 87th
  • BOY ESOP
  • SCH near Crystal Flash, Inc. Employee Stock Ownership Plan
  • EBSA ind #5383

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 What is an ESOP? → · Plans in Illinois →

Novaspect Holdings, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Adams and Associates, Inc. Employee Stock Ownership PlanAdams and Associates, Inc. E…$67MNovaspect Holdings, Inc. Employee Stock Ownership PlanNovaspect Holdings, Inc. Emp…$67MCrystal Flash, Inc. Employee Stock Ownership PlanCrystal Flash, Inc. Employee…$66MChasse Enterprises, Inc Employee Stock Ownership PlanChasse Enterprises, Inc Empl…$66MMillstone Weber Employee Stock Ownership PlanMillstone Weber Employee Sto…$66M
End-of-year total assets ($M) among Novaspect Holdings, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$65M
Net Income$14M
Employer EIN270711939
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novaspect Holdings, Inc.)

Sponsor-wide plan assets over time

All Novaspect Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 156.1240485030786% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $26M $66.7M ▲ +156.1%
Year Plans Participants Total Assets
2022 1 342 $26M
2023 1 389 $53M
2024 1 431 $67M

Nearby ESOP Plans in Illinois

Peer ESOP plans, same state, same plan type, ranked by total assets.

Novaspect Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Novaspect Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.066661109 · Participants: 431Novaspect Holdings, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.699095694 · Participants: 4909Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.165348047 · Participants: 4815Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.429776889 · Participants: 491Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 1.0622005 · Participants: 9258Bdo USA Employee Stock Ownership PlanShorr Paper Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.430213996 · Participants: 543Shorr Paper Products, Inc. Employee Stock Ownership Plan
Novaspect Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Novaspect Holdings, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Novaspect Holdings, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Crystal Flash, Inc. Employee Stock Ownership Plan in MI ($66M); by covered participants it is Gutchess Lumber Employee Stock Ownership Plan in NY (431 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (431 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 Novaspect Holdings, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Novaspect Holdings, Inc. Employee Stock Ownership Plan grew sharply - up 26.1% during 2024, from $53M to $67M. Reported net income was $14M.
How have Novaspect Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novaspect Holdings, Inc.'s sponsor-wide assets grew 156.1%, from $26M to $67M.
Where does Novaspect Holdings, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Novaspect Holdings, Inc. Employee Stock Ownership Plan ranks in the 87th 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 ESOP plans are similar in size to Novaspect Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Crystal Flash, Inc. Employee Stock Ownership Plan in MI ($66M, 298 participants).
Which ESOP plans cover a similar participant headcount to Novaspect Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Gutchess Lumber Employee Stock Ownership Plan in NY (431 participants, $24M 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 270711939.

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.