Plan Snapshot
- Plan Sponsor: Norex, INC.
- Sponsor EIN: 411463978
- Sponsor Address: 10627 165TH STREET W, LAKEVILLE, MN, 55044
- Plan Type: 401(k)
- Total Participants: 25
- Total Assets: $6.0M
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 | 25 | $6.0M | $0 | $189,095 |
| 2023 | 26 | $6.6M | $0 | $207,752 |
| 2022 | 33 | $6.5M | $0 | $213,252 |