Plan5500

Nov Inc. 401(K) Plan — Form 5500 plan (Nov 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, Nov Inc. 401(K) Plan is a benefit plan reported by Nov Inc. under EIN 76-0475815 and plan number 001. The latest loaded filing year is 2023. The filing reports 16,156 participants and $1,514,629,755 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nov Inc.
EIN
76-0475815
Plan number
001
Plan type
3
Location
Houston, TX
Latest filing year
2023
Participants
16,156
End-of-year plan assets
$1,514,629,755

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202316,156H, C20241017094310NAL0018397603001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,514,629,755
Total liabilities (EOY)
$0
Net assets (EOY)
$1,514,629,755
Net assets (BOY)
$1,347,672,176

Income & contributions

Employer contributions
$41,695,176
Participant contributions
$67,415,690
Total contributions
$124,459,455
Total income / additions
$335,662,262

Expenses & distributions

Benefits paid
$167,558,653
Administrative expenses
$1,162,892
Total expenses
$168,704,683
Net increase / (decrease)
$166,957,579

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$849,082$02023
Cook Street ConsultingCONTRACT ADMINISTRATOR$123,564not reported in the loaded dataset2023
Weaver And Tidwell,LlpACCOUNTANT$6,052not reported in the loaded dataset2023

Related Form 5500 pages