Novocure Inc. 401(K) Retirement Plan — Form 5500 plan (Novocure Inc.)
Plain-English plan 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, Novocure Inc. 401(K) Retirement Plan is a benefit plan reported by Novocure Inc. under EIN 20-5063536 and plan number 001. The latest loaded filing year is 2023. The filing reports 922 participants and $53,249,795 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Novocure Inc.
- EIN
- 20-5063536
- Plan number
- 001
- Plan type
- 2
- Location
- Portsmouth, NH
- Latest filing year
- 2023
- Participants
- 922
- End-of-year plan assets
- $53,249,795
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 922 | H, C | 20250325103832NAL0007641843001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $53,249,795
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $53,249,795
- Net assets (BOY)
- $39,757,323
Income & contributions
- Employer contributions
- $2,389,712
- Participant contributions
- $7,486,128
- Total contributions
- $11,556,508
- Total income / additions
- $18,840,651
Expenses & distributions
- Benefits paid
- $5,297,617
- Administrative expenses
- $50,562
- Total expenses
- $5,348,179
- Net increase / (decrease)
- $13,492,472
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Gray, Gray, And Gray Llp | SERVICE PROVIDER | $11,075 | not reported in the loaded dataset | 2023 |
| Wells Fargo Advisors | SERVICE PROVIDER | $10,800 | not reported in the loaded dataset | 2023 |