Profit Sharing · DOL Form 5500 · 2023
Novasel & Schwarte Investments, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $8M
- Total assets
- 4
- Participants
- 53rd
- Percentile by assets
- $1.9M
- Avg per participant
Official DOL plan name: Novasel & Schwarte Investments, Inc. Profit Sharing Plan · Sponsored by Novasel & Schwarte Investments, Inc. · California · Finance & Insurance
$8M in assets, 4 participants
Novasel & Schwarte Investments, Inc.'s Novasel & Schwarte Investments, Inc. Profit Sharing Plan reported $8M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 53rd percentile by assets (of 127,072 plans)
- #3,369 in Finance & Insurance (8,869 peers)
What the 2023 filing shows
Novasel & Schwarte Investments, Inc. Profit Sharing Plan holds $8M for 4 participants - about $1.9M per participant, above the median plan by assets.
- $8M
- total plan assets (2023 EOY)
- 4
- covered participants
- 53rd
- percentile by assets (of 127,072 plans)
- $1.9M
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Novasel & Schwarte Investments, Inc. Profit Sharing Plan reported net income fell from $493K in the plan year 2022 filing to $134K in the plan year 2023 filing.
- Novasel & Schwarte Investments, Inc. Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $8M in the plan year 2023 filing.
Profit Sharing filing for Novasel & Schwarte Investments, Inc. Profit Sharing Plan
Profit Sharing filing for plan year 2023: EIN 942564379 ; effective since 1985-08-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.
Filing particulars (2023)
| Total Assets (Beginning of Year) | $8M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | $134K |
| Employer EIN | 942564379 |
| Plan Effective Date | 1985-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novasel & Schwarte Investments, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4 | $8M |
| 2023 | 1 | 4 | $8M |
| 2024 | 1 | 4 | $8M |
Nearby Profit Sharing Plans in California
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Novasel & Schwarte Investments, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
- Intel Retirement Contribution Plan $7.2B · 21,513
- Scpmg Keogh Plan $6.8B · 10,125
- Motion Picture Industry Individual Account Plan $5.9B · 71,071
- Memorialcare Retirement Plan $1.3B · 4,728
- Disney Retirement Savings Plan $1.1B · 37,110
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Novasel & Schwarte Investments, Inc. Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Novasel & Schwarte Investments, Inc. Profit Sharing Plan's numbers.
- By total assets, Novasel & Schwarte Investments, Inc. Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
- Novasel & Schwarte Investments, Inc.'s sponsor-wide assets have grown 4.2% since 2022 across 3 plan years on file. More Finance & Insurance plans