2023 Form 5500 filing — Nova Technologies Cba 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 20250501145225NAL0004770256001) for Nova Technologies Cba Plan, reported by Nova Technologies, An Employee Owned Engineering Company under EIN 59-3425094 and plan number 002. It reports 260 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250501145225NAL0004770256001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nova Technologies, An Employee Owned Engineering Company
- EIN
- 59-3425094
- Plan number
- 002
- Location
- Panama City, FL
- Participants
- 260
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,077,483
- Net assets (EOY)
- $26,077,483
- Employer contributions
- $1,818,364
- Participant contributions
- $4,014,243
- Total income / additions
- $10,059,198
- Benefits paid
- $595,628
- Administrative expenses
- $62,640
- Total expenses
- $658,268
- Net increase / (decrease)
- $9,400,930
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch | CONSULTANT | $46,137 | $0 |
| Empower Annuity Insurance Company | RECORDKEEPER | $13,191 | $0 |
| Martin Martin Randall & Associates | TPA | $3,809 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,377 | $0 |