Plan Snapshot
- Plan Sponsor: Initium Novum Corp
- Sponsor EIN: 811504951
- Sponsor Address: 18 WEST STEUBEN ST., PITTSBURGH, PA, 15090
- Plan Type: 401(k)
- Total Participants: 15
- Total Assets: $1.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 15 | $1.6M | $34,433 | $55,486 |
| 2023 | 15 | $950,044 | $35,294 | $56,837 |
| 2022 | 16 | $763,026 | $33,738 | $56,561 |