2023 Form 5500 filing — Novo Building Products
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240809134919NAL0011071360001) for Novo Building Products, reported by Novo Distribution, LLC under EIN 38-3135188 and plan number 001. It reports 1,331 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240809134919NAL0011071360001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Novo Distribution, LLC
- EIN
- 38-3135188
- Plan number
- 001
- Location
- Zeeland, MI
- Participants
- 1,331
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,601,850
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,601,850
- Employer contributions
- $831,356
- Participant contributions
- $4,082,029
- Total income / additions
- $11,069,365
- Benefits paid
- $4,008,339
- Administrative expenses
- $177,561
- Total expenses
- $4,223,238
- Net increase / (decrease)
- $6,846,127
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $105,354 | $0 |
| Ds Investment Advisors | ADVISOR | $49,306 | not reported in the loaded dataset |
| Ds Investments Advisors | ADVISOR | $22,901 | not reported in the loaded dataset |