About Nova 401(k) Associates

Established in 2000, Nova Actuarial Associates is an independent actuarial consulting firm. Defined benefit plans can be rewarding for both the employer and employees when properly designed and administered. In that vein, we specialize in providing high-quality actuarial services and retirement plan administration. Our services are designed to keep costs reasonable without sacrificing service or quality. Our professional staff is extremely knowledgeable with a specific emphasis on customer service. Through our sister company Nova 401(k) Associates, we provide services to 401(k) plans.

There are many facets to a defined benefit retirement plan and you need to be able to depend on an actuarial firm who not only knows how they work and who can answer your questions on technical issues, but who also knows how to communicate those things to you in understandable terms.

Choose Nova

Choices

Choose us for the best:

  • Communication
  • Expertise
  • Accessibility
  • Teamwork

In the last few years, Nova Actuarial Associates has emerged as an elite Third Party Administrator servicing the clients of the area's leading and most demanding financial advisors. In an ever-changing retirement plan environment, Nova helps firms get a handle on their retirement plan and reduce uncertainty and ambiguity. How? Read on...

Communication

Communication

Our staff at Nova is known for its attention to detail and warm approach. We achieve this by placing an emphasis on explaining technical concepts in English, not jargon. We listen and make business owners, company officers, and HR staff feel comfortable with the administrative process.

Nova keeps financial professionals informed and "in the loop", and delivers on what we say we will do - returning calls promptly and meeting deadlines. Plan Sponsors are appreciative of this responsive, proactive service model.

Expertise

Expertise

Bottom line, people are impressed with the acumen, credentials and consummate professionalism of the Nova Actuarial Associates staff. We are a well-qualified group of professionals dedicating our careers to the retirement plan industry. Staff members of our firm are included in the membership rosters of the Society of Actuaries, the Texas, Houston and American Bar Associations, the American Society of Pension Professionals & Actuaries (ASPPA), and the National Institute of Pension Administrators (NIPA). Our reputation is that of a company who is innovative, responsive, accurate, fair, and capable. Nova comfortably administers plans with complex features, and lessens uncertainty for businesses coordinating transitions between vendors and plan designs.

Accessibility

Accesibility

Nova's technical proficiency is complemented by valuable locality. Refreshingly, Nova Actuarial Associates is a Texas-based firm not a far away call center, but an easy-to-reach experienced team of consultants. Nova, having its roots in Houston, has recently been able to capitalize on new strategic and regional relationships to expand our services to a much wider audience.

Teamwork

Teamwork

Since we concentrate on the administration of qualified retirement plans, we do not provide investment services. We prefer instead to leave this specialty to financial advisors from brokerage firms, insurance companies, banks, and other financial institutions who are all the primary source of new business for the firm. This allows us to focus on our core competency which is to design and administer qualified retirement plans on a non-biased basis to achieve the original objectives behind the establishment and administration of the plan.

Teamwork will keep all of the moving pieces of your pension plan in sync. You can put an expert team in place by choosing an experienced pension plan advisor and Nova Actuarial Associates. Your plan advisor will help you select and evaluate investment offerings. At the same time, Nova will clear away compliance issues and administrative obstacles for you. We deliver personal, responsive services - a welcome human touch and an objective voice.

The end result: Nova and your plan advisor will all work together to keep your pension plan running smoothly.