Novo Building Products — Form 5500 plan (Novo Distribution, 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, Novo Building Products is a benefit plan reported by Novo Distribution, LLC under EIN 38-3135188 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,331 participants and $37,601,850 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Novo Distribution, LLC
EIN
38-3135188
Plan number
001
Plan type
2
Location
Zeeland, MI
Latest filing year
2023
Participants
1,331
End-of-year plan assets
$37,601,850

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,331H, C20240809134919NAL0011071360001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$37,601,850
Total liabilities (EOY)
$0
Net assets (EOY)
$37,601,850
Net assets (BOY)
$30,755,723

Income & contributions

Employer contributions
$831,356
Participant contributions
$4,082,029
Total contributions
$5,478,512
Total income / additions
$11,069,365

Expenses & distributions

Benefits paid
$4,008,339
Administrative expenses
$177,561
Total expenses
$4,223,238
Net increase / (decrease)
$6,846,127

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$105,354$02023
Ds Investment AdvisorsADVISOR$49,306not reported in the loaded dataset2023
Ds Investments AdvisorsADVISOR$22,901not reported in the loaded dataset2023

Related Form 5500 pages