NOVA TECHNOLOGIES AN EMPLOYEE OWNED ENGINEERING COMPANY has sponsored the creation of one or more 401k plans.
Additional information about NOVA TECHNOLOGIES AN EMPLOYEE OWNED ENGINEERING COMPANY
| Measure | Date | Value |
|---|
| 2022 : NOVA TECHNOLOGIES CBA PLAN 2022 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $7,157 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $5,905 |
| Total income from all sources (including contributions) | 2022-12-31 | $2,420,083 |
| Total of all expenses incurred | 2022-12-31 | $490,602 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $371,491 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $21,404 |
| Value of total corrective distributions | 2022-12-31 | $1,000 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $5,346,216 |
| Value of total assets at end of year | 2022-12-31 | $16,683,710 |
| Value of total assets at beginning of year | 2022-12-31 | $14,752,977 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $96,707 |
| Total interest from all sources | 2022-12-31 | $13,438 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $339,032 |
| 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 | $339,032 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $3,624,304 |
| Participant contributions at end of year | 2022-12-31 | $329,800 |
| Participant contributions at beginning of year | 2022-12-31 | $337,596 |
| Participant contributions at end of year | 2022-12-31 | $254,208 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $48,677 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $7,157 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $5,905 |
| 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 | $1,929,481 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $16,676,553 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $14,747,072 |
| 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 | $15,971,523 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $14,113,957 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $163,256 |
| Income. Interest from loans (other than to participants) | 2022-12-31 | $13,438 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $137,431 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,278,603 |
| 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 | No |
| 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 | $1,673,235 |
| Employer contributions (assets) at end of year | 2022-12-31 | $128,179 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $737 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $371,491 |
| Contract administrator fees | 2022-12-31 | $96,707 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | Yes |
| 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 | ANGLIN, REICHMANN, ARMSTRONG CPA |
| Accountancy firm EIN | 2022-12-31 | 631262841 |
| 2021 : NOVA TECHNOLOGIES CBA PLAN 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $5,905 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $5,904 |
| Total income from all sources (including contributions) | 2021-12-31 | $7,551,646 |
| Total of all expenses incurred | 2021-12-31 | $211,383 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $134,428 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $778 |
| Value of total corrective distributions | 2021-12-31 | $5,604 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $6,223,944 |
| Value of total assets at end of year | 2021-12-31 | $14,752,977 |
| Value of total assets at beginning of year | 2021-12-31 | $7,412,713 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $70,573 |
| Total interest from all sources | 2021-12-31 | $11,105 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $168,340 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $168,340 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $2,904,281 |
| Participant contributions at end of year | 2021-12-31 | $337,596 |
| Participant contributions at beginning of year | 2021-12-31 | $163,577 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $2,063,066 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $17,391 |
| Other income not declared elsewhere | 2021-12-31 | $1,156 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $5,905 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $5,904 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $7,340,263 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $14,747,072 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $7,406,809 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $28,102 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $14,113,957 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $7,160,502 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $163,256 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $50,707 |
| Interest on participant loans | 2021-12-31 | $11,105 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $137,431 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $37,190 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,127,579 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $18,371 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $1,151 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $1,256,597 |
| Employer contributions (assets) at end of year | 2021-12-31 | $737 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $737 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $117,037 |
| Contract administrator fees | 2021-12-31 | $42,471 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | ANGLIN, REICHMANN, ARMSTRONG CPA |
| Accountancy firm EIN | 2021-12-31 | 631262841 |
| 2020 : NOVA TECHNOLOGIES CBA PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $5,904 |
| Total income from all sources (including contributions) | 2020-12-31 | $7,427,000 |
| Total of all expenses incurred | 2020-12-31 | $20,191 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $6,176,452 |
| Value of total assets at end of year | 2020-12-31 | $7,412,713 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $20,191 |
| Total interest from all sources | 2020-12-31 | $939 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $63,004 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $63,004 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $1,665,590 |
| Participant contributions at end of year | 2020-12-31 | $163,577 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $4,000,538 |
| Administrative expenses (other) incurred | 2020-12-31 | $1,617 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $5,904 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $7,406,809 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $7,406,809 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $7,160,502 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $50,707 |
| Interest on participant loans | 2020-12-31 | $939 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $37,190 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,186,605 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $510,324 |
| Employer contributions (assets) at end of year | 2020-12-31 | $737 |
| Contract administrator fees | 2020-12-31 | $18,574 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | ANGLIN, RICHMAN, ARMSTRONG |
| Accountancy firm EIN | 2020-12-31 | 631262841 |
