Purem Novi Inc. Retirement Plan — Form 5500 plan (Purem Novi 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, Purem Novi Inc. Retirement Plan is a benefit plan reported by Purem Novi Inc. under EIN 38-3542936 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,413 participants and $63,674,689 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Purem Novi Inc.
EIN
38-3542936
Plan number
001
Plan type
2
Location
Novi, MI
Latest filing year
2023
Participants
1,413
End-of-year plan assets
$63,674,689

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,413H, C20241004134449NAL0005741315001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$63,674,689
Total liabilities (EOY)
$0
Net assets (EOY)
$63,674,689
Net assets (BOY)
$49,662,306

Income & contributions

Employer contributions
$2,879,249
Participant contributions
$5,967,476
Total contributions
$10,153,307
Total income / additions
$19,305,842

Expenses & distributions

Benefits paid
$5,390,136
Administrative expenses
$192,564
Total expenses
$5,585,524
Net increase / (decrease)
$13,720,318

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$126,130$02023
Resources Investment Advisors LLCADVISOR$59,311not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$7,123not reported in the loaded dataset2023

Related Form 5500 pages