# Norec, LLC 401(k) Plan
Source: https://planprovider.pro/companies/norec-llc-401k-plan

> Norec, LLC's 401(k) plan: 15 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Norec, LLC

- **Sponsor EIN:** 260454969

- **Sponsor Address:** 30405 SOLON RD., SOLON, OH, 441393432

- **Plan Type:** 401(k)

- **Total Participants:** 15

- **Total Assets:** $4.1M

## 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|15|$4.1M|$60,861|$200,275|

| 2023|13|$3.9M|$68,679|$212,862|

| 2022|15|$2.9M|$60,244|$166,505|

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