2023 Form 5500 filing — Novolex Ae 401(K) Plan
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 20241001071534NAL0013379250001) for Novolex Ae 401(K) Plan, reported by Novolex Holdings, LLC under EIN 27-1455725 and plan number 006. It reports 418 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001071534NAL0013379250001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Novolex Holdings, LLC
- EIN
- 27-1455725
- Plan number
- 006
- Location
- Hartsville, SC
- Participants
- 418
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,151,395
- Net assets (EOY)
- $20,151,395
- Employer contributions
- $513,955
- Participant contributions
- $1,223,722
- Total income / additions
- $4,511,165
- Benefits paid
- $4,259,401
- Administrative expenses
- $47,923
- Total expenses
- $4,308,501
- Net increase / (decrease)
- $202,664
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $24,191 | $0 |
| Baker Tilly Us, Llp | AUDITOR | $14,700 | not reported in the loaded dataset |
| Raymond James & Associates, Inc. | CONSULTANT | $9,032 | not reported in the loaded dataset |
| National Financial Services | SECURITIES BROKER | $0 | $0 |