Plan5500

Nova Technologies Cba Plan — Form 5500 plan (Nova Technologies, An Employee Owned Engineering Company)

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, Nova Technologies Cba Plan is a benefit plan reported by Nova Technologies, An Employee Owned Engineering Company under EIN 59-3425094 and plan number 002. The latest loaded filing year is 2023. The filing reports 260 participants and $26,077,483 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nova Technologies, An Employee Owned Engineering Company
EIN
59-3425094
Plan number
002
Plan type
2
Location
Panama City, FL
Latest filing year
2023
Participants
260
End-of-year plan assets
$26,077,483

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023260H, C20250501145225NAL0004770256001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,077,483
Net assets (EOY)
$26,077,483
Net assets (BOY)
$16,676,553

Income & contributions

Employer contributions
$1,818,364
Participant contributions
$4,014,243
Total contributions
$6,311,380
Total income / additions
$10,059,198

Expenses & distributions

Benefits paid
$595,628
Administrative expenses
$62,640
Total expenses
$658,268
Net increase / (decrease)
$9,400,930

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill LynchCONSULTANT$46,137$02023
Empower Annuity Insurance CompanyRECORDKEEPER$13,191$02023
Martin Martin Randall & AssociatesTPA$3,809$02023
Empower Advisory Group, LLCINVESTMENT MGMT$1,377$02023

Related Form 5500 pages