Novolex Te 401(K) Plan — Form 5500 plan (Novolex Holdings, LLC)

Plain-English plan 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, Novolex Te 401(K) Plan is a benefit plan reported by Novolex Holdings, LLC under EIN 27-1455725 and plan number 011. The latest loaded filing year is 2023. The filing reports 1,098 participants and $14,317,270 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Novolex Holdings, LLC
EIN
27-1455725
Plan number
011
Plan type
2
Location
Hartsville, SC
Latest filing year
2023
Participants
1,098
End-of-year plan assets
$14,317,270

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,098H, C20241001071702NAL0011056496001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,317,270
Net assets (EOY)
$14,317,270
Net assets (BOY)
$11,418,893

Income & contributions

Employer contributions
$1,154,562
Participant contributions
$1,838,985
Total contributions
$3,022,444
Total income / additions
$4,815,376

Expenses & distributions

Benefits paid
$1,800,423
Administrative expenses
$79,249
Total expenses
$1,880,643
Net increase / (decrease)
$2,934,733

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORD KEEPER$60,049$02023
Baker Tilly Us, LlpACCOUNTANT$14,700not reported in the loaded dataset2023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages