Nova 401(k) Associates
Provides retirement plan administration and compliance services for businesses.
Company facts
- Founded
- 2000
- Employees
- 250
- Headquarters
- United States
- Type
- Private
- Subsidiaries
- Administrative Fiduciary Services, Pension Benefit Administrators
About
At the heart of what we do is a culture of understanding and communication. Nova 401(k) Associates is a national third-party administration (TPA) firm dedicated to providing customized retirement plan design and compliance services for both business owners and financial advisors. We pride ourselves on thriving for over two decades, a testament to our commitment to excellence in the retirement industry. We manage more than 7,500 retirement plans—encompassing 401(k), 403(b), and Defined Benefit plans—with assets surpassing $9 billion. This significant responsibility underscores our capability as a leading TPA firm. The complexities of 401(k) plans can be daunting, which is why we offer free educational webinars aimed at simplifying these concepts for our clients. Our belief in leveraging technology has enabled us to streamline compliance work, ensuring efficiency and accuracy while reducing costs. Furthermore, our growth is fueled by our commitment to our team. We support our employees with work-life balance initiatives, offering a 7.5-hour workday, good benefits, and a Safe Harbor 401(k) plan, ensuring a healthy environment that fosters both personal and professional growth.