Plan Snapshot
- Plan Sponsor: Norwix, INC.
- Sponsor EIN: 510223195
- Sponsor Address: 31 CLINTON AVE, NORWICH, CT, 063601570
- Plan Type: 401(k)
- Total Participants: 40
- Total Assets: $10.5M
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 | 40 | $10.5M | $137,732 | $378,165 |
| 2023 | 30 | $9.1M | $81,480 | $327,296 |
| 2022 | 29 | $8.1M | $75,300 | $268,570 |