2023 Form 5500 filing — Novocure Inc. 401(K) Retirement 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 20250325103832NAL0007641843001) for Novocure Inc. 401(K) Retirement Plan, reported by Novocure Inc. under EIN 20-5063536 and plan number 001. It reports 922 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250325103832NAL0007641843001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Novocure Inc.
- EIN
- 20-5063536
- Plan number
- 001
- Location
- Portsmouth, NH
- Participants
- 922
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $53,249,795
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $53,249,795
- Employer contributions
- $2,389,712
- Participant contributions
- $7,486,128
- Total income / additions
- $18,840,651
- Benefits paid
- $5,297,617
- Administrative expenses
- $50,562
- Total expenses
- $5,348,179
- Net increase / (decrease)
- $13,492,472
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Gray, Gray, And Gray Llp | SERVICE PROVIDER | $11,075 | not reported in the loaded dataset |
| Wells Fargo Advisors | SERVICE PROVIDER | $10,800 | not reported in the loaded dataset |