Novak Francella LLC

Employee Benefit Plan Auditor

Bala Cynwyd, PA

About Novak Francella LLC

<p>Known for agency fee audits for trade unions and professional associations, Novak Francella LLC brings deep experience in audit and assurance work for organizations with complex reporting needs.</p> <p>Founded in 2003, the firm is based in Bala Cynwyd in the Philadelphia metro area and has 142 employees. Alongside core CPA services, it handles a wide mix of advisory projects tied to risk, controls, and operations.</p> <p>Novak Francella’s team works on internal control studies, fraud examination, forensic services, and technology and operational reviews. It also prepares and supports major government filings, including Forms LM-2, LM-3, 990, and Form 5500, which many <a href="/auditors/401k">401(k) auditors</a> and other <a href="/retirement-plans">retirement plan providers</a> encounter in benefit plan work.</p> <p>Other services include controllership support, bookkeeping, cost allocation studies, and client education seminars. For more details, contact Ryan Kelly.</p> <ul> <li>CPA firm founded in 2003</li> <li>Based in Bala Cynwyd (Philadelphia area), Pennsylvania</li> <li>Agency fee audits for trade unions and professional associations</li> <li>Forms LM-2, LM-3, 990, and 5500 support</li> <li>Internal controls, forensic work, and operational/technology reviews</li> </ul>

Website: https://novakfrancella.com/

Founded: 2003

Employees: 142

Office Locations

  • Bala Cynwyd, PA

Accreditations & Certifications

  • AICPA EBPAQC
  • AICPA Member

Audit Statistics (2024)

  • Total Plans Audited: 248
  • Total AUM Audited: $39.3B
  • 401(k): 248 plans, $39.3B AUM

Plans Serviced (2025)

Largest plans where this firm is listed as a service provider (Schedule C) or IQPA (Schedule H) on the most recent filings (From Form 5500).

PlanSponsorAssetsParticipants
NATIONAL ELECTRICAL BENEFIT FUND TRUSTEES OF THE NATIONAL ELECTRICAL BENEFIT FUND, MD $19.3B 343,794
NATIONAL ELECTRICAL ANNUITY PLAN TRUSTEES OF THE NATIONAL ELECTRICAL ANNUITY PLAN, MD $16.8B 89,789
IAM NATIONAL PENSION FUND BOARD OF TRUSTEES OF THE I.A.M. NATIONAL PENSION FUND, DC $14.7B 102,863
N. ATLANTIC STATES CARP. PENSION FUND BOT OF THE NORTH ATLANTIC STATES CARPENTERS PENSION FUND, MA $4.9B 16,341
INTERNATIONAL PAINTERS AND ALLIED TRADES INDUSTRY PENSION PLAN INTL PAINTERS & ALLIED TRADES IND. PENSION FUND- BOARD OF TRUSTEES, MD $4.4B 43,757
401(k) Retirement Plan Healthcare Sponsor, NJ $2.5B 7,961
401(k) Retirement Plan Manufacturing Sponsor, DC $1.9B 26,987
401(k) Retirement Plan Professional Services Sponsor, NY $1.8B 8,379
Defined Benefit Plan Technology Sponsor, PA $1.5B 5,287

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