Nuvalence, LLC 401(K) Plan — Form 5500 plan (Nuvalence, 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, Nuvalence, LLC 401(K) Plan is a benefit plan reported by Nuvalence, LLC under EIN 83-1582025 and plan number 001. The latest loaded filing year is 2023. The filing reports 150 participants and $5,706,033 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nuvalence, LLC
- EIN
- 83-1582025
- Plan number
- 001
- Plan type
- 2
- Location
- Troy, NY
- Latest filing year
- 2023
- Participants
- 150
- End-of-year plan assets
- $5,706,033
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 150 | H, C | 20240716123651NAL0004406432001 |
| 2023 | 131 | H, C | 20241211081454NAL0018041392001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Net assets (BOY)
- $5,706,033
Income & contributions
- Employer contributions
- $217,647
- Participant contributions
- $741,902
- Total contributions
- $1,106,638
- Total income / additions
- $1,623,646
Expenses & distributions
- Benefits paid
- $7,292,480
- Administrative expenses
- $37,199
- Total expenses
- $7,329,679
- Net increase / (decrease)
- -$5,706,033
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $33,739 | $0 | 2023 |
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $24,379 | $0 | 2023 |
| Greenbush Financial Group LLC | INVESTMENT ADVISOR | $11,370 | not reported in the loaded dataset | 2023 |
| Side By Side Financials, Inc. | CONTRACT ADMIN/OTHER | $10,650 | not reported in the loaded dataset | 2023 |
| Greenbush Financial Group LLC | INVESTMENT ADVISOR | $9,755 | not reported in the loaded dataset | 2023 |
| Nuvalence LLC | INVESTMENT ADVISOR | $2,941 | not reported in the loaded dataset | 2023 |
| Side By Side Financials, Inc. | CONTRACT ADMIN/OTHER | $1,054 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Nuvalence, LLC
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Troy, NY
- Empower Life & Annuity Insurance Co — Schedule C compensation
- Greenbush Financial Group LLC — Schedule C compensation
- Side By Side Financials, Inc. — Schedule C compensation
- Nuvalence LLC — Schedule C compensation