NOVATUS MANAGEMENT, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NOVATUS MANAGEMENT, LLC 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : NOVATUS MANAGEMENT, LLC 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $10,176,726 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,524,131 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,468,775 |
| Value of total corrective distributions | 2023-12-31 | $65 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $6,172,205 |
| Value of total assets at end of year | 2023-12-31 | $29,070,920 |
| Value of total assets at beginning of year | 2023-12-31 | $20,418,325 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $55,291 |
| Total interest from all sources | 2023-12-31 | $27,199 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $123,142 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $123,142 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $3,001,775 |
| Participant contributions at end of year | 2023-12-31 | $323,372 |
| Participant contributions at beginning of year | 2023-12-31 | $345,775 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $1,735,358 |
| Other income not declared elsewhere | 2023-12-31 | $3,372 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $8,652,595 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $29,070,920 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $20,418,325 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $6,702,900 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $5,324,040 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $3,175,297 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $2,568,454 |
| Interest on participant loans | 2023-12-31 | $20,193 |
| Interest earned on other investments | 2023-12-31 | $7,006 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $18,683,036 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $11,990,134 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $186,315 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $189,922 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $903,340 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $469,329 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $2,478,139 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $1,435,072 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,468,775 |
| Contract administrator fees | 2023-12-31 | $55,291 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | FORVIS MAZARS, LLP |
| Accountancy firm EIN | 2023-12-31 | 440160560 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $10,176,726 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,524,131 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,468,775 |
| Value of total corrective distributions | 2023-01-01 | $65 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $6,172,205 |
| Value of total assets at end of year | 2023-01-01 | $29,070,920 |
| Value of total assets at beginning of year | 2023-01-01 | $20,418,325 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $55,291 |
| Total interest from all sources | 2023-01-01 | $27,199 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $123,142 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $123,142 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $3,001,775 |
| Participant contributions at end of year | 2023-01-01 | $323,372 |
| Participant contributions at beginning of year | 2023-01-01 | $345,775 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $1,735,358 |
| Other income not declared elsewhere | 2023-01-01 | $3,372 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $8,652,595 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $29,070,920 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $20,418,325 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $6,702,900 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $5,324,040 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $3,175,297 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $2,568,454 |
| Interest on participant loans | 2023-01-01 | $20,193 |
| Interest earned on other investments | 2023-01-01 | $7,006 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $18,683,036 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $11,990,134 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $186,315 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $189,922 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $903,340 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $469,329 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $2,478,139 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $1,435,072 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,468,775 |
| Contract administrator fees | 2023-01-01 | $55,291 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | FORVIS MAZARS, LLP |
| Accountancy firm EIN | 2023-01-01 | 440160560 |
| 2022 : NOVATUS MANAGEMENT, LLC 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-253,168 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,631,460 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,569,434 |
| Value of total corrective distributions | 2022-12-31 | $7,995 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $3,805,558 |
| Value of total assets at end of year | 2022-12-31 | $20,418,325 |
| Value of total assets at beginning of year | 2022-12-31 | $22,302,953 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $54,031 |
| Total interest from all sources | 2022-12-31 | $18,622 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $92,004 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $92,004 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,992,234 |
| Participant contributions at end of year | 2022-12-31 | $345,775 |
| Participant contributions at beginning of year | 2022-12-31 | $288,007 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $835,157 |
| Other income not declared elsewhere | 2022-12-31 | $-2,499 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,884,628 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $20,418,325 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $22,302,953 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $5,324,040 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $5,718,501 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $2,568,454 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $3,367,385 |
| Interest on participant loans | 2022-12-31 | $16,063 |
| Interest earned on other investments | 2022-12-31 | $2,559 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $11,990,134 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $12,828,578 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $189,922 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $100,482 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,212,942 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-640,515 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-2,313,396 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $978,167 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,569,434 |
| Contract administrator fees | 2022-12-31 | $54,031 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | FORVIS, LLC |
| Accountancy firm EIN | 2022-12-31 | 440160560 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-253,168 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,631,460 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,569,434 |
| Value of total corrective distributions | 2022-01-01 | $7,995 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $3,805,558 |
| Value of total assets at end of year | 2022-01-01 | $20,418,325 |
| Value of total assets at beginning of year | 2022-01-01 | $22,302,953 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $54,031 |
| Total interest from all sources | 2022-01-01 | $18,622 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $92,004 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $92,004 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $2,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,992,234 |
| Participant contributions at end of year | 2022-01-01 | $345,775 |
| Participant contributions at beginning of year | 2022-01-01 | $288,007 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $835,157 |
| Other income not declared elsewhere | 2022-01-01 | $-2,499 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,884,628 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $20,418,325 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $22,302,953 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $5,324,040 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $5,718,501 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $2,568,454 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $3,367,385 |
| Interest on participant loans | 2022-01-01 | $16,063 |
| Interest earned on other investments | 2022-01-01 | $2,559 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $11,990,134 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $12,828,578 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $189,922 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $100,482 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-1,212,942 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-640,515 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $-2,313,396 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $978,167 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,569,434 |
| Contract administrator fees | 2022-01-01 | $54,031 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | FORVIS, LLC |
| Accountancy firm EIN | 2022-01-01 | 440160560 |
