# Nova Technologies, An Employee Owned Engineering Company 401(k) Plan
Source: https://planprovider.pro/companies/nova-technologies-an-employee-owned-engineering-company-401k-plan-001

> Nova Technologies, An Employee Owned Engineering Company&#39;s 401(k) plan: 60 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nova Technologies, An Employee Owned Engineering Company

- **Sponsor EIN:** 593425094

- **Sponsor Address:** 2420 LAKESHORE DRIVE, TALLAHASSEE, FL, 32312

- **Plan Type:** 401(k)

- **Total Participants:** 60

- **Total Assets:** $13.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|60|$13.5M|$304,811|$788,406|

| 2023|95|$16.2M|$324,186|$913,344|

| 2022|108|$13.9M|$278,812|$830,238|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| FRAZIER & DEETER, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FRAZIER & DEETER, LLC](https://planprovider.pro/provider/frazier-and-deeter-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$70,226|—|$70,226|—|—|

| 2023|$45,739|—|—|—|—|

| 2022|$79,643|—|$79,396|—|$247|

## Similar Plans

- [Heidt Design, LLC](https://planprovider.pro/companies/heidt-design-llc-plan) — 60 participants

- [American Consulting Engineers Of Florida, LLC](https://planprovider.pro/companies/american-consulting-engineers-of-florida-llc-401k-plan) — 59 participants

- [Proactive Technologies, INC.](https://planprovider.pro/companies/proactive-technologies-inc-plan) — 63 participants

- [Sdii Global, LLC](https://planprovider.pro/companies/sdii-global-corporation-401k-plan) — 64 participants

- [Pdcs, LLC](https://planprovider.pro/companies/pdcs-llc-401k-plan) — 56 participants

- [Thermal Tech](https://planprovider.pro/companies/thermal-tech-plan) — 56 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/nova-technologies-an-employee-owned-engineering-company-401k-plan-001)

&copy; 2026 PlanProvider.Pro
