401(k) · DOL Form 5500 · 2024

Novaspect, Inc. 401(k) Plan

Data updated 2026-08-25

$112M
Total assets Near avg plan size
439
Participants Below avg headcount
91st
Percentile by assets National rank
$255,411
Avg per participant Above avg balance/head
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Official DOL plan name: Novaspect, Inc. 401(k) Plan · Sponsored by Novaspect, Inc. · Illinois · Wholesale Trade

$112M in assets, 439 participants

Novaspect, Inc.'s Novaspect, Inc. 401(k) Plan reported $112M in total assets and 439 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #5,649 in Wholesale Trade (6,080 peers)

Where Novaspect, Inc. 401(k) Plan sits by assets

Novaspect, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $112M for 439 participants (~$255,411/participant), up 14.8% in 2024.

#5,649
in Wholesale Trade (6,080 peers)
+14.8%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Novaspect, Inc. 401(k) Plan's outsized position by total assets

Novaspect, Inc. 401(k) Plan vs every filed plan by assets

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

$112,125,400 Top 9% higher than 91% 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, Inc. 401(k) 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, Inc. 401(k) Plan sits mid-pack in the medium band (439 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Novaspect, Inc. 401(k) Plan reported net income fell from $19M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Novaspect, Inc. 401(k) Plan end-of-year assets rose from $98M in the plan year 2023 filing to $112M in the plan year 2024 filing.
  • Novaspect, Inc. 401(k) Plan reported participants rose from 394 in the plan year 2023 filing to 439 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 362585273 · Novaspect, Inc. PY 2024 · 401(k)

Novaspect, Inc. 401(k) Plan · $112M · 439 · 91st

  • VS-ST $112M
  • BOY 439
  • SCH 91st
  • EBSA 401(k)
  • PART near Intapp 401(k) Plan
  • TYPE ind #5649

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 Wholesale Trade retirement plans → · Plans in Illinois →

Novaspect, Inc. 401(k) Plan in the asset neighbourhood

Bilfinger Inc. Retirement PlanBilfinger Inc. Retirement Pl…$112MIncluded Health 401(k) Plan$112MNovaspect, Inc. 401(k) Plan$112MIntapp 401(k) Plan$112MUpm Raflatac Retirement Savings PlanUpm Raflatac Retirement Savi…$112M
End-of-year total assets ($M) among Novaspect, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$98M
Net Assets (End of Year)$112M
Net Income$14M
Employer EIN362585273
Plan Effective Date1994-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novaspect, Inc.)

Sponsor-wide plan assets over time

All Novaspect, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$112M 41.94629892850897% vs 2022
2024 filing year
$70M$80M$90M$100M$110M$120M 202220232024 $79M $112M ▲ +42.0%
Year Plans Participants Total Assets
2022 1 344 $79M
2023 1 394 $98M
2024 1 439 $112M

Nearby 401(k) Plans in Illinois

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

Novaspect, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Novaspect, Inc. 401(k) Plan, Total assets ($B): 0.1121254 · Participants: 439Novaspect, Inc. 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Novaspect, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Novaspect, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Intapp 401(k) Plan in CA ($112M); by covered participants it is Amerex Corporation 401(k) Savings Plan in AL (439 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($112M here).

Similar participant headcount

Nearest other-state filings by covered participants (439 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, Inc. 401(k) Plan assets move in 2024?
Novaspect, Inc. 401(k) Plan grew at a solid clip - up 14.8% during 2024, from $98M to $112M. Reported net income was $14M.
How have Novaspect, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Novaspect, Inc.'s sponsor-wide assets grew 41.9%, from $79M to $112M.
Where does Novaspect, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Novaspect, Inc. 401(k) Plan ranks in the 91st 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 Novaspect, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Intapp 401(k) Plan in CA ($112M, 869 participants).
Which 401(k) plans cover a similar participant headcount to Novaspect, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Amerex Corporation 401(k) Savings Plan in AL (439 participants, $54M in assets).