2023 Form 5500 filing — Nov Inc. 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 20241017094310NAL0018397603001) for Nov Inc. 401(K) Plan, reported by Nov Inc. under EIN 76-0475815 and plan number 001. It reports 16,156 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241017094310NAL0018397603001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Nov Inc.
- EIN
- 76-0475815
- Plan number
- 001
- Location
- Houston, TX
- Participants
- 16,156
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,514,629,755
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,514,629,755
- Employer contributions
- $41,695,176
- Participant contributions
- $67,415,690
- Total income / additions
- $335,662,262
- Benefits paid
- $167,558,653
- Administrative expenses
- $1,162,892
- Total expenses
- $168,704,683
- Net increase / (decrease)
- $166,957,579
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $849,082 | $0 |
| Cook Street Consulting | CONTRACT ADMINISTRATOR | $123,564 | not reported in the loaded dataset |
| Weaver And Tidwell,Llp | ACCOUNTANT | $6,052 | not reported in the loaded dataset |