# Initium Novum Corp 401(k) Plan
Source: https://planprovider.pro/companies/initium-novum-corp-401k-plan

> Initium Novum Corp's 401(k) plan: 15 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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