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 |
| 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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