2023 Form 5500 filing — Nova Mud, Inc. 401(K) 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 20241018153443NAL0019260227001) for Nova Mud, Inc. 401(K) Profit Sharing Plan, reported by Nova Mud, Inc. under EIN 85-0377439 and plan number 001. It reports 117 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241018153443NAL0019260227001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nova Mud, Inc.
- EIN
- 85-0377439
- Plan number
- 001
- Location
- Hobbs, NM
- Participants
- 117
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,753,695
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,753,695
- Employer contributions
- $104,193
- Participant contributions
- $272,075
- Total income / additions
- $1,543,093
- Benefits paid
- $1,123,458
- Administrative expenses
- $21,088
- Total expenses
- $1,146,943
- Net increase / (decrease)
- $396,150
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First American Bank | NONE | $17,872 | not reported in the loaded dataset |
| Retirement Direct | NONE | $3,216 | not reported in the loaded dataset |