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, Novo Building Products is a benefit plan reported by Novo Distribution, LLC under EIN 38-3135188 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,331 participants and $37,601,850 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,601,850
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,601,850
- Net assets (BOY)
- $30,755,723
Income & contributions
- Employer contributions
- $831,356
- Participant contributions
- $4,082,029
- Total contributions
- $5,478,512
- Total income / additions
- $11,069,365
Expenses & distributions
- Benefits paid
- $4,008,339
- Administrative expenses
- $177,561
- Total expenses
- $4,223,238
- Net increase / (decrease)
- $6,846,127