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).
| Plan | Sponsor | Assets | Participants |
|---|---|---|---|
| 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 |
| TEAMSTERS PENSION TRUST FUND OF PHILADELPHIA & VIC | BOARD OF TRUSTEES OF TEAMSTERS PENSION TRUST FUND OF PHILADELPHIA & VI, NJ | $2.5B | 7,961 |
| BRICKLAYERS & TROWEL TRADES INTERNATIONAL PENSION FUND | BRICKLAYERS & TROWEL TRADES INTL PENSION FD BD OF TRUSTEE, DC | $1.9B | 26,987 |
| LEGACY PLAN OF THE NATIONAL RETIREMENT FUND | BD OF TRUSTEES-LEGACY PLAN OF THE NATIONAL RETIREMENT FUND, NY | $1.8B | 8,379 |
| CENTRAL PENNSYLVANIA TEAMSTERS DEFINED BENEFIT PLAN | CENTRAL PENNSYLVANIA TEAMSTERS PENSION FUND, TRUSTEES, PA | $1.5B | 5,287 |
| FELRA & UFCW PENSION PLAN | BOARD OF TRUSTEES, FELRA & UFCW PENSION, MD | $1.4B | — |
| INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 98 - PROFIT SHARING PLAN | LOCAL UNION 98 I.B.E.W. - TRUSTEES PROFIT SHARING PLAN, PA | $1.3B | 3,867 |
| INTERNATIONAL UNION OF OPERATING ENGINEERS PENSION FUND OF EASTERN PENNSYLVANIA AND DELAWARE | INTERNATIONAL UNION OF OPERTING ENG. PEN FUND OF E.PENNSYLVANIA AND DE, PA | $1.1B | 2,822 |
| NEW ENGLAND HEALTH CARE EMPLOYEES PENSION PLAN | BOARD OF TRUSTEES-NEW ENGLAND HEALTH CARE EMPLOYEES PENSION FUND, CT | $1.0B | 9,160 |
| UFCW LOCAL 1262 & EMPLOYERS PENSION FUND | TRUSTEES UFCW LOCAL 1262 PENSION FUND, NJ | $999M | 4,449 |
| I.A.M. NATIONAL PLAN | BOARD OF TRUSTEES I.A.M. 401(K) FUND, DC | $971M | 33,654 |
| PLUMBERS LOCAL UNION NO. 1 EMPLOYEE 401(K) SAVINGS PLAN | PLUMBERS LOCAL UNION NO. 1 EMPLOYEE 401(K) SAVINGS PLAN, NY | $961M | 5,278 |
| PAINTING INDUSTRY ANNUITY FUND | BOARD OF TRUSTEES OF THE PAINTING INDUSTRY ANNUITY FUND, NY | $879M | 5,406 |
| NEW ENGLAND ELECTRICAL WORKERS MONEY PURCHASE PLAN AND TRUST | NEW ENGLAND ELECTRICAL WORKERS MONEY PURCHASE PLAN AND TRUST, CT | $868M | 10,678 |
| CENTRAL PENNSYLVANIA TEAMSTERS RETIREMENT INCOME PLAN 1987 | CENTRAL PENNSYLVANIA TEAMSTERS PENSION FUND, TRUSTEES, PA | $795M | 3,372 |
| ABC-NABET RETIREMENT TRUST FUND | ABC, INC., NY | $713M | 151 |
Showing top 20 of 156 plans serviced in 2025.