Plan Snapshot
- Plan Sponsor: Nova Group, INC.
- Sponsor EIN: 941395180
- Sponsor Address: 185 DEVLIN ROAD, NAPA, CA, 94558
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 153
- Total Assets: $356,940
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 153 | $356,940 | $173,663 | $0 |
| 2023 | 117 | $211,426 | $5,610 | $0 |
| 2022 | 123 | $233,407 | $242,477 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FRINGE BENEFIT GROUP | Recordkeeper | $15,783 | — | $15,783 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,783
- Estimated Expense Ratio: 4.422% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $15,783 | — | $15,783 | — | — |
| 2023 | $12,535 | — | $12,535 | — | — |
| 2022 | $17,131 | — | — | — | — |