Plan Snapshot
- Plan Sponsor: Nova Chemicals, INC.
- Sponsor EIN: 363203832
- Sponsor Address: WESTPOINTE CORPORATE CENTER TWO, MOON TOWNSHIP, PA, 15108
- Plan Type: 401(k)
- Total Participants: 272
- Total Assets: $161.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 272 | $161.3M | $4.0M | $4.5M |
| 2023 | 277 | $143.7M | $3.8M | $4.2M |
| 2022 | 280 | $128.9M | $3.8M | $4.0M |
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 |
|---|---|---|---|---|
| SCHNEIDER DOWNS & CO., INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHNEIDER DOWNS & CO., INC. — Auditor
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 | $20,075 | — | — | — | — |
| 2023 | $11,157 | — | — | — | — |
| 2022 | $925 | — | — | — | — |