Nova Mud, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Nova Mud, 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, Nova Mud, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Nova Mud, Inc. under EIN 85-0377439 and plan number 001. The latest loaded filing year is 2023. The filing reports 117 participants and $6,753,695 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Nova Mud, Inc.
EIN
85-0377439
Plan number
001
Plan type
2
Location
Hobbs, NM
Latest filing year
2023
Participants
117
End-of-year plan assets
$6,753,695

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023117H, C20241018153443NAL0019260227001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,753,695
Total liabilities (EOY)
$0
Net assets (EOY)
$6,753,695
Net assets (BOY)
$6,357,545

Income & contributions

Employer contributions
$104,193
Participant contributions
$272,075
Total contributions
$376,268
Total income / additions
$1,543,093

Expenses & distributions

Benefits paid
$1,123,458
Administrative expenses
$21,088
Total expenses
$1,146,943
Net increase / (decrease)
$396,150

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First American BankNONE$17,872not reported in the loaded dataset2023
Retirement DirectNONE$3,216not reported in the loaded dataset2023

Related Form 5500 pages