# Nova Ortho-Med, INC. Dba Nova Medical Products 401(k) Plan
Source: https://planprovider.pro/companies/nova-ortho-med-inc-dba-nova-medical-products-401k-plan

> Nova Ortho-Med, INC. Dba Nova Medical Products's 401(k) plan: 60 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nova Ortho-Med, INC. Dba Nova Medical Products

- **Sponsor EIN:** 954454282

- **Sponsor Address:** 1470 BEACHEY PLACE, CARSON, CA, 90746

- **Plan Type:** 401(k)

- **Total Participants:** 60

- **Total Assets:** $8.2M

## 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|60|$8.2M|$150,576|$314,119|

| 2023|63|$6.8M|$134,900|$280,803|

| 2022|68|$5.2M|$135,972|$274,656|

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