Novak Francella, LLC
Employee benefit plan audit practice profile, built from plan year 2024 Form 5500 filings.
Last updated · Source data: plan year 2024 Form 5500 filings
How many 401(k) plans does Novak Francella, LLC audit?
Novak Francella, LLC was the independent auditor for 206 retirement plan filings (366 audited filings including welfare plans) in plan year 2024, with clients in 17 states and territories — the #53 practice nationally by volume.
Practice at a glance
| Measure | Value |
|---|---|
| Firm EIN (as filed) | 61-1436956 |
| Retirement plan audits (401(k), 403(b), pension) | 206 |
| All audited filings (incl. welfare plans) | 366 |
| States and territories with clients | 17 |
| National rank by retirement plan volume | #53 of 3,956 |
| National rank, all audited filings (league-table basis) | #37 of 4,052 |
| Average client size (participants) | 5,741 |
| Largest client (participants) | 201,048 |
Rankings derived from U.S. Department of Labor Form 5500 filings, plan year 2024. Read the full methodology.
Where does Novak Francella, LLC audit plans?
| State | Plans audited | Share of practice |
|---|---|---|
| New York | 61 | 29.6% |
| Pennsylvania | 36 | 17.5% |
| Maryland | 30 | 14.6% |
| New Jersey | 28 | 13.6% |
| Connecticut | 26 | 12.6% |
| Massachusetts | 6 | 2.9% |
| Florida | 3 | 1.5% |
| Virginia | 3 | 1.5% |
| Washington, D.C. | 2 | 1.0% |
| Maine | 2 | 1.0% |
| New Hampshire | 2 | 1.0% |
| Oregon | 2 | 1.0% |
| Georgia | 1 | 0.5% |
| Illinois | 1 | 0.5% |
| Rhode Island | 1 | 0.5% |
| Tennessee | 1 | 0.5% |
| Vermont | 1 | 0.5% |
Largest concentration: New York (61 plans). State reflects the plan sponsor’s address, not the firm’s office locations.
What audit opinions does Novak Francella, LLC issue?
| Opinion type | Filings | Share |
|---|---|---|
| Unmodified (clean) | 198 | 96.6% |
| Qualified | 7 | 3.4% |
| Disclaimer | 0 | 0.0% |
| Adverse | 0 | 0.0% |
As coded on Schedule H. A disclaimer here usually reflects the legacy limited-scope reporting convention (now the ERISA Section 103(a)(3)(C) election), not a failed audit — see the methodology.
Largest plans audited by Novak Francella, LLC
| Plan sponsor | State | Participants |
|---|---|---|
| BD of Trustees-Legacy Plan of the National Retirement Fund | NY | 201,048 |
| Intl Painters & Allied Trades Ind. Pension Fund- Board of Trustees | MD | 95,637 |
| Trustees of the Ufcw International Union - Industry Variable Annuity P | IL | 56,997 |
| Board of Trustees Local 713 Annuity Fund | NY | 47,674 |
| BD of Trustees-Adjustable Plan of the National Retirement Fund | NY | 43,076 |
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About this profile
This page is generated from public U.S. Department of Labor Form 5500 filings in which Novak Francella, LLC (EIN 61-1436956) is named as the plan’s independent qualified public accountant. Novak Francella, LLC did not supply, review, or endorse this information, and inclusion is not a recommendation. Filing data can contain sponsor-entered errors; corrections are welcome via the about page.