2023 Form 5500 filing — Tipp Distributors, Inc. Dba Novamex 401(K) 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 20241015171206NAL0049073744001) for Tipp Distributors, Inc. Dba Novamex 401(K) Plan, reported by Tipp Distributors, Inc. Dba Novamex under EIN 74-2444846 and plan number 002. It reports 414 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015171206NAL0049073744001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tipp Distributors, Inc. Dba Novamex
- EIN
- 74-2444846
- Plan number
- 002
- Location
- El Paso, TX
- Participants
- 414
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,039,013
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,039,013
- Employer contributions
- $907,613
- Participant contributions
- $1,682,226
- Total income / additions
- $6,678,684
- Benefits paid
- $729,030
- Administrative expenses
- $125,053
- Total expenses
- $934,473
- Net increase / (decrease)
- $5,744,211
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| M Holdings Securities | SERVICE PROVIDER | $0 | $66,132 |
| Momenta, Inc. | TPA | $0 | $16,703 |
| Nova 4019k) Associates | TPA | $0 | $5,260 |
| Voya Retirement Insurance Co | SERVICE PROVIDER | $0 | $0 |