Plan Snapshot
- Plan Sponsor: Nor Labs, INC.
- Sponsor EIN: 825504955
- Sponsor Address: 6811 BENJAMIN FRANKLIN DR STE 170, COLUMBIA, MD, 21046
- Plan Type: 401(k)
- Total Participants: 55
- Total Assets: $4.6M
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 | 55 | $4.6M | $288,754 | $773,548 |
| 2023 | 88 | $2.7M | $265,090 | $671,177 |
| 2022 | 73 | $1.6M | $198,198 | $438,944 |