# Nor Labs, INC. 401(k) Plan
Source: https://planprovider.pro/companies/nor-labs-inc-401k-plan

> Nor Labs, INC.'s 401(k) plan: 55 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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