Nova Logistics Inc.401(k)
NOVA LOGISTICS 401(K) PLAN · OVERLAND PARK, KS · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Nova Logistics Inc. reported $1,048 in plan administrative expenses for 2024: 0.57% of average plan assets, below the peer median. Employer contributions averaged $680 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 1 year on file its reported administrative ratio rose from 0.15% to 0.57%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Kansas (823rd of 828), and 2,567th of 2,677 in transportation & warehousing. In 2024, employees put in $1.96 for every $1.00 the employer contributed.
Nova Logistics Inc.'s 2024 employer contribution ran above the $540 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 851259565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.