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, Novares Us Engine Components, Inc. 401(K) Savings Plan is a benefit plan reported by Novares Us Engine Components, Inc. under EIN 39-1172503 and plan number 003. The latest loaded filing year is 2023. The filing reports 975 participants and $54,389,142 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $54,389,142
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $54,389,142
- Net assets (BOY)
- $50,216,293
Income & contributions
- Employer contributions
- $1,084,863
- Participant contributions
- $2,034,487
- Total contributions
- $3,238,459
- Total income / additions
- $12,888,969
Expenses & distributions
- Benefits paid
- $8,568,535
- Administrative expenses
- $145,642
- Total expenses
- $8,716,120
- Net increase / (decrease)
- $4,172,849