Nova Biomedical 401(k) match, vesting and fees
What Nova Biomedical's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Caron & Bletzer (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Nova Biomedical: employer contribution per participant | $2,277 | |
| Peer median | $2,413 |
| Nova Biomedical: average balance | $119,899 | |
| Peer median | $86,456 |
| Nova Biomedical: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $153M at the end of plan year 2021 to $180M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,542 | $180M | $3.4M | $2,277 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 1,496 | $154M | $3.4M | $2,424 | 0.16% | Not published | Form 5500 ↗ |
| 2022 | 1,453 | $130M | $3M | $2,198 | 0.17% | Not published | Form 5500 ↗ |
| 2021 | 1,383 | $153M | $2.5M | $1,920 | 0.17% | Not published | Form 5500 ↗ |
Common questions
Does Nova Biomedical match 401(k) contributions?
The match terms for the Nova Employee Savings Trust (N.E.S.T.) have not been published from its filing yet. The plan year 2024 filing reports $3.4M in employer contributions, about $2,277 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Nova Biomedical 401(k) match vested?
The vesting schedule for the Nova Employee Savings Trust (N.E.S.T.) is not in the data published so far. Your Summary Plan Description states it.
Who manages the Nova Biomedical 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Nova Biomedical Corporation.
I left Nova Biomedical. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Nova Biomedical Corporation, (781) 647-3700) or the recordkeeper, Fidelity Investments Institutional. The Nova Biomedical old 401(k) page lists the contacts from every plan filing. Find an old Nova Biomedical 401(k)
Data from the public Form 5500 annual reports Nova Biomedical filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Nova Biomedical. Not financial advice. Report a correction · Methodology