2023 Form 5500 filing — Nova Technologies 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 20250501145125NAL0002096675001) for Nova Technologies 401(K) Profit Sharing Plan, reported by Nova Technologies, An Employee Owned Engineering Company under EIN 59-3425094 and plan number 001. It reports 136 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$16.2MReported net assets$16,164,710
Participants136
Provider compensation$46.1K4 Schedule C row(s)$46,113
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250501145125NAL0002096675001
- Plan sponsor
- Nova Technologies, An Employee Owned Engineering Company
- EIN
- 59-3425094
- Plan number
- 001
- Location
- Tallahassee, FL
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$16.2M total assets
Net assets$16.2MLiabilities$1K
Full reported line items
- Total assets (EOY)
- $16,165,744
- Total liabilities (EOY)
- $1,034
- Net assets (EOY)
- $16,164,710
- Employer contributions
- $324,186
- Participant contributions
- $913,344
- Total income / additions
- $3,978,576
- Benefits paid
- $1,625,515
- Administrative expenses
- $45,739
- Total expenses
- $1,674,999
- Net increase / (decrease)
- $2,303,577
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch | CONSULTANT | $32,096 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $9,649 | $0 |
| Empower Advisory Group, LLC | ADVISOR | $2,899 | not reported in the loaded dataset |
| Martin, Martin, Randall & Assoc | TPA | $1,469 | not reported in the loaded dataset |