401(k) · DOL Form 5500 · 2024

Nova Group, Gbc 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
238
Participants Below avg headcount
76th
Percentile by assets National rank
$115,291
Avg per participant Below avg balance/head
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Official DOL plan name: Nova Group, Gbc 401(k) Retirement Plan · Sponsored by Nova Group, Gbc · Minnesota · Professional & Technical Services

$27M in assets, 238 participants

Nova Group, Gbc's Nova Group, Gbc 401(k) Retirement Plan reported $27M in total assets and 238 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.

  • #15,306 in Professional & Technical Services (20,173 peers)

Coverage in Minnesota

Nova Group, Gbc 401(k) Retirement Plan covers 238 participants in Minnesota, about 21% of the average Minnesota filer (state average ~1,126 per filing). Assets: $27M.

#15,306
in Professional & Technical Services (20,173 peers)
+1.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Nova Group, Gbc 401(k) Retirement Plan's outsized position by total assets

Nova Group, Gbc 401(k) Retirement Plan vs every filed plan by assets

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

$27,439,299 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

Nova Group, Gbc 401(k) Retirement 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. Nova Group, Gbc 401(k) Retirement Plan sits mid-pack in the medium band (238 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nova Group, Gbc 401(k) Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $424K in the plan year 2024 filing.
  • Nova Group, Gbc 401(k) Retirement Plan end-of-year assets rose from $27M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Nova Group, Gbc 401(k) Retirement Plan reported participants fell from 241 in the plan year 2023 filing to 238 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411580923 · Nova Group, Gbc PY 2024 · 401(k)

Nova Group, Gbc 401(k) Retirement Plan · $27M · 238 · 76th

  • IND $27M
  • IND 238
  • IND 76th
  • IND 401(k)
  • IND near Gray West Construction Inc. 401(k) Plan
  • IND ind #15306

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Nova Group, Gbc 401(k) Retirement Plan in the asset neighbourhood

Nova Group, Gbc 401(k) Retirement PlanNova Group, Gbc 401(k) Retir…$27MGray West Construction Inc. 401(k) PlanGray West Construction Inc. …$27MSit 'n Sleep, Inc. 401(k) Profit Sharing PlanSit 'n Sleep, Inc. 401(k) Pr…$27MAmbulatory Medical Practices Management Services Organization, Inc. 401(k) PlanAmbulatory Medical Practices…$27MNyle Maxwell Family of Dealerships 401(k) and Profit Sharing PlanNyle Maxwell Family of Deale…$27M
End-of-year total assets ($M) among Nova Group, Gbc 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$27M
Net Income$424K
Employer EIN411580923
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nova Group, Gbc)

Sponsor-wide plan assets over time

All Nova Group, Gbc plans reported in each filing year

Latest sponsor-wide plan assets
$27M 22.863695456461482% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $22.3M $27.4M ▲ +22.9%
Year Plans Participants Total Assets
2022 1 242 $22M
2023 1 241 $27M
2024 1 238 $27M

Nearby 401(k) Plans in Minnesota

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

Nova Group, Gbc 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Nova Group, Gbc 401(k) Retirement Plan, Total assets ($B): 0.027439299 · Participants: 238Nova Group, Gbc 401(k) Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Nova Group, Gbc 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Nova Group, Gbc 401(k) Retirement Plan side-by-side with 3 peers →

Nova Group, Gbc 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Gray West Construction Inc. 401(k) Plan in CA ($27M); by covered participants it is Prevailing Multiple Employer Plan in PA (238 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (238 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 Group, Gbc 401(k) Retirement Plan assets move in 2024? ▼
Nova Group, Gbc 401(k) Retirement Plan edged up modestly - up 1.6% during 2024, from $27M to $27M. Reported net income was $424K.
How have Nova Group, Gbc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nova Group, Gbc's sponsor-wide assets grew 22.9%, from $22M to $27M.
Where does Nova Group, Gbc 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Nova Group, Gbc 401(k) Retirement 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 Nova Group, Gbc 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gray West Construction Inc. 401(k) Plan in CA ($27M, 148 participants).
Which 401(k) plans cover a similar participant headcount to Nova Group, Gbc 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Prevailing Multiple Employer Plan in PA (238 participants, N/A 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 411580923.

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.