Plan Snapshot
- Plan Sponsor: Nou Systems, INC.
- Sponsor EIN: 452815517
- Sponsor Address: 7047 OLD MADISON PIKE, SUITE 3, HUNTSVILLE, AL, 35768
- Plan Type: 401(k)
- Total Participants: 277
- Total Assets: $36.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 277 | $36.3M | $1.6M | $3.2M |
| 2023 | 263 | $28.2M | $1.7M | $2.9M |
| 2022 | 228 | $20.0M | $1.5M | $2.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FRAZIER AND DEETER, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $97,139 | — | $97,139 | — | — |
| 2023 | $85,563 | $80,725 | — | — | — |
| 2022 | $83,250 | $75,617 | $7,633 | — | — |