Plan5500

Novation Companies, Inc. 401(K) Plan — Form 5500 plan (Novation Companies, 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, Novation Companies, Inc. 401(K) Plan is a benefit plan reported by Novation Companies, Inc. under EIN 74-2830661 and plan number 001. The latest loaded filing year is 2023. The filing reports 176 participants and $241,431 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Novation Companies, Inc.
EIN
74-2830661
Plan number
001
Plan type
2
Location
College Park, GA
Latest filing year
2023
Participants
176
End-of-year plan assets
$241,431

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023176H, C20240923152439NAL0006735875001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$241,431
Total liabilities (EOY)
$0
Net assets (EOY)
$241,431
Net assets (BOY)
$4,091,251

Income & contributions

Participant contributions
$26,759
Total contributions
$26,759
Total income / additions
$520,645

Expenses & distributions

Benefits paid
$4,332,471
Administrative expenses
$37,994
Total expenses
$4,370,465
Net increase / (decrease)
-$3,849,820

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Allen, Gibbs & Houlik, Lc.RECORDKEEPER$22,368not reported in the loaded dataset2023
Agh Wealth Advisors, LLCINVESTMENT ADVISOR$15,578not reported in the loaded dataset2023

Related Form 5500 pages