2023 Form 5500 filing — Novus, Inc. Coda Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015065108NAL0015922467001) for Novus, Inc. Coda Profit Sharing Plan, reported by Novus, Inc. under EIN 66-0366900 and plan number 001. It reports 589 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015065108NAL0015922467001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Novus, Inc.
- EIN
- 66-0366900
- Plan number
- 001
- Location
- Guaynabo, PR
- Participants
- 589
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,806,114
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,806,114
- Employer contributions
- $520,962
- Participant contributions
- $548,306
- Total income / additions
- $2,588,256
- Benefits paid
- $270,831
- Administrative expenses
- $89,618
- Total expenses
- $361,455
- Net increase / (decrease)
- $2,226,801
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Benefit Plans Admin Services, Inc. | NONE | $49,891 | $0 |
| Ubs Financial Services Inc. | NONE | $23,377 | not reported in the loaded dataset |
| Bpas Trust Company Of Puerto Rico | NONE | $16,350 | not reported in the loaded dataset |