# Nevelex Corporation 401(k) Plan
Source: https://planprovider.pro/companies/nevelex-corporation-401k-plan

> Nevelex Corporation's 401(k) plan: 20 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

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

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|20|$4.4M|$91,213|$280,630|

| 2023|20|$3.8M|$95,055|$345,440|

| 2022|23|$3.0M|$97,539|$327,597|

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