Plan5500

Novaspect, Inc. 401(K) Plan — Form 5500 plan (Novaspect, Inc.)

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, Novaspect, Inc. 401(K) Plan is a benefit plan reported by Novaspect, Inc. under EIN 36-2585273 and plan number 002. The latest loaded filing year is 2023. The filing reports 536 participants and $97,691,810 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Novaspect, Inc.
EIN
36-2585273
Plan number
002
Plan type
2
Location
Schaumburg, IL
Latest filing year
2023
Participants
536
End-of-year plan assets
$97,691,810

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023536H, C20241010134505NAL0020175121001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$97,691,810
Total liabilities (EOY)
$0
Net assets (EOY)
$97,691,810
Net assets (BOY)
$78,991,422

Income & contributions

Employer contributions
$2,535,930
Participant contributions
$4,368,617
Total contributions
$8,441,729
Total income / additions
$23,942,329

Expenses & distributions

Benefits paid
$5,284,830
Administrative expenses
-$42,889
Total expenses
$5,241,941
Net increase / (decrease)
$18,700,388

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Dhjj LtdACCOUNTANT/AUDITOR$10,900not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$7,374not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$60,973$02023

Related Form 5500 pages