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, Novolex Te 401(K) Plan is a benefit plan reported by Novolex Holdings, LLC under EIN 27-1455725 and plan number 011. The latest loaded filing year is 2023. The filing reports 1,098 participants and $14,317,270 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,317,270
- Net assets (EOY)
- $14,317,270
- Net assets (BOY)
- $11,418,893
Income & contributions
- Employer contributions
- $1,154,562
- Participant contributions
- $1,838,985
- Total contributions
- $3,022,444
- Total income / additions
- $4,815,376
Expenses & distributions
- Benefits paid
- $1,800,423
- Administrative expenses
- $79,249
- Total expenses
- $1,880,643
- Net increase / (decrease)
- $2,934,733