# Norwix, INC. 401(k) Plan
Source: https://planprovider.pro/companies/norwix-inc-401k-plan

> Norwix, INC.&#39;s 401(k) plan: 40 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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