Plan Snapshot
- Plan Sponsor: Nova Magnetics, INC.
- Sponsor EIN: 751754900
- Sponsor Address: 1101 EAST WALNUT STREET, GARLAND, TX, 75040
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $54,678 |
| 2023 | 66 | $3.1M | $0 | $67,071 |
| 2022 | 59 | $2.6M | $0 | $62,702 |