Plan Snapshot
- Plan Sponsor: New Innovations, INC.
- Sponsor EIN: 061667025
- Sponsor Address: 3540 FOREST LAKE DRIVE, UNIONTOWN, OH, 44685
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $7.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 80 | $7.1M | $257,507 | $669,855 |
| 2023 | 82 | $5.9M | $256,479 | $674,089 |
| 2022 | 77 | $4.2M | $185,457 | $482,551 |