401(k) · DOL Form 5500 · 2023

Tipp Distributors, Inc. Dba Novamex 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
352
Participants Below avg headcount
79th
Percentile by assets National rank
$85,338
Avg per participant Below avg balance/head
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Official DOL plan name: Tipp Distributors, Inc. Dba Novamex 401(k) Plan · Sponsored by Tipp Distributors, Inc. Dba Novamex · Texas · Wholesale Trade

$30M in assets, 352 participants

Tipp Distributors, Inc. Dba Novamex's Tipp Distributors, Inc. Dba Novamex 401(k) Plan reported $30M in total assets and 352 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #4,951 in Wholesale Trade (6,309 peers)

Where Tipp Distributors, Inc. Dba Novamex 401(k) Plan sits by assets

Tipp Distributors, Inc. Dba Novamex 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 352 participants (~$85,338/participant), up 23.6% in 2023.

#4,951
in Wholesale Trade (6,309 peers)
+23.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Tipp Distributors, Inc. Dba Novamex 401(k) Plan's outsized position by total assets

Tipp Distributors, Inc. Dba Novamex 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$30,039,013 Top 21% higher than 79% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Tipp Distributors, Inc. Dba Novamex 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tipp Distributors, Inc. Dba Novamex 401(k) Plan sits mid-pack in the medium band (352 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tipp Distributors, Inc. Dba Novamex 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Tipp Distributors, Inc. Dba Novamex 401(k) Plan end-of-year assets rose from $24M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Tipp Distributors, Inc. Dba Novamex 401(k) Plan reported participants rose from 346 in the plan year 2022 filing to 352 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 742444846 · Tipp Distributors, Inc. Dba Novamex PY 2023 · 401(k)

Tipp Distributors, Inc. Dba Novamex 401(k) Plan · $30M · 352 · 79th

  • EOY $30M
  • EOY 352
  • EOY 79th
  • EOY 401(k)
  • EOY near Mad Tim Enterprises, Inc. 401(k) Plan
  • EOY ind #4951

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Texas →

Tipp Distributors, Inc. Dba Novamex 401(k) Plan in the asset neighbourhood

Tipp Distributors, Inc. Dba Novamex 401(k) PlanTipp Distributors, Inc. Dba …$30MMad Tim Enterprises, Inc. 401(k) PlanMad Tim Enterprises, Inc. 40…$30MFinlayson Bancshares, Inc. ESOP with 401(k) ProvisionsFinlayson Bancshares, Inc. E…$30MVora Group 401(k) Profit Sharing PlanVora Group 401(k) Profit Sha…$30MAlliance Source Testing, LLC 401(k) PlanAlliance Source Testing, LLC…$30M
End-of-year total assets ($M) among Tipp Distributors, Inc. Dba Novamex 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$30M
Net Income$6M
Employer EIN742444846
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tipp Distributors, Inc. Dba Novamex)

Sponsor-wide plan assets over time

All Tipp Distributors, Inc. Dba Novamex plans reported in each filing year

Latest sponsor-wide plan assets
$33M 37.46495649563227% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.3M $33.4M ▲ +37.5%
Year Plans Participants Total Assets
2022 1 346 $24M
2023 1 352 $30M
2024 1 262 $33M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Tipp Distributors, Inc. Dba Novamex 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Tipp Distributors, Inc. Dba Novamex 401(k) Plan, Total assets ($B): 0.030039013 · Participants: 352Tipp Distributors, Inc. Dba Novamex 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Tipp Distributors, Inc. Dba Novamex 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Tipp Distributors, Inc. Dba Novamex 401(k) Plan side-by-side with 3 peers →

Tipp Distributors, Inc. Dba Novamex 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Mad Tim Enterprises, Inc. 401(k) Plan in IA ($30M); by covered participants it is Xeris Pharmaceuticals, Inc. 401(k) Plan in IL (352 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (352 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tipp Distributors, Inc. Dba Novamex 401(k) Plan assets move in 2023? ▼
Tipp Distributors, Inc. Dba Novamex 401(k) Plan grew sharply - up 23.6% during 2023, from $24M to $30M. Reported net income was $6M.
How have Tipp Distributors, Inc. Dba Novamex plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tipp Distributors, Inc. Dba Novamex's sponsor-wide assets grew 37.5%, from $24M to $33M.
Where does Tipp Distributors, Inc. Dba Novamex 401(k) Plan rank by assets among Form 5500 filers? ▼
Tipp Distributors, Inc. Dba Novamex 401(k) Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Tipp Distributors, Inc. Dba Novamex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mad Tim Enterprises, Inc. 401(k) Plan in IA ($30M, 2 participants).
Which 401(k) plans cover a similar participant headcount to Tipp Distributors, Inc. Dba Novamex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Xeris Pharmaceuticals, Inc. 401(k) Plan in IL (352 participants, $25M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 742444846.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.