Novasel & Schwarte Investments, Inc. Profit Sharing Plan — Form 5500 plan (Novasel & Schwarte Investments, 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, Novasel & Schwarte Investments, Inc. Profit Sharing Plan is a benefit plan reported by Novasel & Schwarte Investments, Inc. under EIN 94-2564379 and plan number 001. The latest loaded filing year is 2023. The filing reports 6 participants and $7,643,560 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.6MPlan net assets, end of year$7,643,560
Participants6Covered participants reported
Assets / participant$1.3MComputed: assets ÷ participants$1,273,927 (computed)
Provider compensationNone reported
Plan sponsor
Novasel & Schwarte Investments, Inc.
EIN
94-2564379
Plan number
001
Plan type
2
Location
South Lake Tahoe, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236I20240723115857NAL0011680753001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.6M total assets
Net assets$7.6MLiabilities$0
Money in vs. money out
Total income / additions$540.2K
Total expenses$406.3K
Benefits paid / distributions$406.3K
Contributions
Employer$0
Participant$0
Full reported line items

Net assets

Total assets (EOY)
$7,643,560
Total liabilities (EOY)
$0
Net assets (EOY)
$7,643,560
Net assets (BOY)
$7,509,657

Income & contributions

Employer contributions
$0
Participant contributions
$0
Total income / additions
$540,164

Expenses & distributions

Benefits paid
$406,261
Administrative expenses
$0
Total expenses
$406,261
Net increase / (decrease)
$133,903
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income75%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages