Nevelex Corporation 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Nevelex Corporation
  • Sponsor EIN: 421544047
  • Sponsor Address: 2950 METRO DRIVE, BLOOMINGTON, MN, 55425
  • Plan Type: 401(k)
  • Total Participants: 20
  • Total Assets: $4.4M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: Yes
  • Participant Loans: Yes
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202420$4.4M$91,213$280,630
202320$3.8M$95,055$345,440
202223$3.0M$97,539$327,597

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