Novateur Education, Inc. Retirement Plan — Form 5500 plan (Novateur Education, 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, Novateur Education, Inc. Retirement Plan is a benefit plan reported by Novateur Education, Inc. under EIN 54-0799894 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,673 participants and $109,047,099 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Novateur Education, Inc.
EIN
54-0799894
Plan number
002
Plan type
2
Location
Virginia Beach, VA
Latest filing year
2023
Participants
2,673
End-of-year plan assets
$109,047,099

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,673H, C20241009150634NAL0010760339001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$109,047,099
Total liabilities (EOY)
$0
Net assets (EOY)
$109,047,099
Net assets (BOY)
$92,811,387

Income & contributions

Employer contributions
$1,713,418
Participant contributions
$7,451,322
Total contributions
$9,565,763
Total income / additions
$25,480,139

Expenses & distributions

Benefits paid
$8,995,310
Administrative expenses
$148,211
Total expenses
$9,244,427
Net increase / (decrease)
$16,235,712

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCNONE$78,988not reported in the loaded dataset2023
Empower Annuity Insurance CompanyNONE$68,623$02023

Related Form 5500 pages