401(k) · DOL Form 5500 · 2024

Novals Inc. 401(k) Plan

Data updated 2026-08-25

$206K
Total assets Small plan by assets
1
Participants Small participant base
11th
Percentile by assets National rank
$206,193
Avg per participant Above avg balance/head
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Official DOL plan name: Novals Inc. 401(k) Plan · Sponsored by Novals Inc. · Ohio · Construction

$206K in assets, 1 participants

Novals Inc.'s Novals Inc. 401(k) Plan reported $206K in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 11th 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.

  • #915 in Construction (9,039 peers)

Novals Inc. multi-year trail

Novals Inc.'s plans moved +411.4% in assets from 2022 to 2024; this filing shows Novals Inc. 401(k) Plan at $206K / 1 participant.

#915
in Construction (9,039 peers)
-9.0%
assets change YoY

The plan reported a net loss of $20K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novals Inc. 401(k) Plan among the smaller filed plans by assets

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

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

$206,193 11th percentile higher than 11% 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

Novals Inc. 401(k) Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novals Inc. 401(k) Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Novals Inc. 401(k) Plan reported net income fell from $275K in the plan year 2023 filing to -$20K in the plan year 2024 filing.
  • Novals Inc. 401(k) Plan end-of-year assets fell from $655K in the plan year 2023 filing to $206K in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 204862910 · Novals Inc. PY 2024 · 401(k)

Novals Inc. 401(k) Plan · $206K · 1 · 11th

  • TYPE $206K
  • TYPE 1
  • TYPE 11th
  • TYPE 401(k)
  • TYPE near Outlaw's Roost, Inc. 401(k) Plan
  • TYPE ind #915

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 Construction retirement plans → · Plans in Ohio →

Novals Inc. 401(k) Plan in the asset neighbourhood

Novals Inc. 401(k) Plan$206KOutlaw's Roost, Inc. 401(k) PlanOutlaw's Roost, Inc. 401(k) …$206KCroft Retirement Plan$206KLast Mile Deliveries LLC 401(k) PlanLast Mile Deliveries LLC 401…$206KVentura Solutions Incorporated 401(k) Profit Sharing PlanVentura Solutions Incorporat…$206K
End-of-year total assets ($M) among Novals Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Novals Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Novals Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 411.4478929572276% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M$2M$2.5M 202220232024 $0.38M $1.94M ▲ +410.5%
Year Plans Participants Total Assets
2022 1 1 $380K
2023 1 1 $655K
2024 9 9 $2M

Novals Inc. filing trail (2024)

Total Assets (Beginning of Year)$227K
Net Assets (End of Year)$206K
Net Income-$20K
Employer EIN204862910
Plan Effective Date2006-05-10
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Novals Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Novals Inc. 401(k) Plan, Total assets ($B): 0.000206193 · Participants: 1Novals Inc. 401(k) PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Novals Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Novals Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Outlaw's Roost, Inc. 401(k) Plan in UT ($206K); by covered participants it is Concorde Support & Development, Inc. 401(k) Profit Sharing Plan in TX (1 participant). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($206K here).

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Novals Inc. 401(k) Plan assets move in 2024? ▼
Novals Inc. 401(k) Plan pulled back noticeably - down 9.0% during 2024, from $227K to $206K. Reported net income was -$20K.
How have Novals Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novals Inc.'s sponsor-wide assets grew 411.4%, from $380K to $2M.
Where does Novals Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Novals Inc. 401(k) Plan ranks in the 11th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Novals Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Outlaw's Roost, Inc. 401(k) Plan in UT ($206K, 2 participants).
Which 401(k) plans cover a similar participant headcount to Novals Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Concorde Support & Development, Inc. 401(k) Profit Sharing Plan in TX (1 participant, $415K 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 204862910.

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.