Nova Technologies, An Employee Owned Engineering Company 401(k) Plan: Login, Facts & Contact Information

Nova Technologies, An Employee Owned Engineering Company 401(k) Plan Facts

Plan name
NOVA TECHNOLOGIES 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NOVA TECHNOLOGIES, AN EMPLOYEE OWNED ENGINEERING COMPANY
Participants
130 (60 active employees)
Former employees with a balance
44
Plan assets
$13,544,682 at Dec 31, 2024
Average account balance
$142,576 across 95 accounts
Employer contributions
$304,811 in plan year 2024 (27% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 14, 1997
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.12 million went into the plan in contributions, $304,811 of it from the employer (27%).
  • $5.83 million was paid out to participants.
  • Investment and other income added $2.18 million.
  • Administrative expenses were $70,226, about $739 per account.

How the Nova Technologies, An Employee Owned Engineering Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019132$20.1 million$224,432$1.36 million
2020140$33.8 million$267,619$1.77 million
2021134$22.6 million$302,743$16.0 million
2022133$13.9 million$278,812$6.62 million
2023136$16.2 million$324,186$1.63 million
2024130$13.5 million$304,811$5.83 million

Nova Technologies, An Employee Owned Engineering Company 401(k) Contact Information

Phone
850-914-0002
Mailing address
2420 LAKESHORE DRIVE SUITE 202, TALLAHASSEE FL 32312
Plan sponsor
NOVA TECHNOLOGIES, AN EMPLOYEE OWNED ENGINEERING COMPANY
Employer identification number (EIN)
59-3425094
Plan number
001

Questions about the Nova Technologies, An Employee Owned Engineering Company 401(k)

Does Nova Technologies, An Employee Owned Engineering Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $304,811, 27% of all contributions.

Does the Nova Technologies, An Employee Owned Engineering Company 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Nova Technologies, An Employee Owned Engineering Company 401(k) plan?

130 participants at the start of plan year 2024, 60 of them active employees, and 44 former employees who still had money in the plan.

What is the average 401(k) balance at Nova Technologies, An Employee Owned Engineering Company?

About $142,576 per account: $13.5 million in plan assets across 95 accounts with a balance at the end of plan year 2024.

Who manages the Nova Technologies, An Employee Owned Engineering Company 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Nova Technologies, An Employee Owned Engineering Company. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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