# Nova Products, INC. 401(k) Plan
Source: https://planprovider.pro/companies/nova-products-inc-401k-plan

> Nova Products, INC.&#39;s 401(k) plan: 29 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nova Products, INC.

- **Sponsor EIN:** 454319888

- **Sponsor Address:** 3821 24TH AVENUE, FOREST GROVE, OR, 97116

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

- **Total Participants:** 29

- **Total Assets:** $4.5M

## 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|29|$4.5M|$108,202|$216,080|

| 2023|27|$3.5M|$92,976|$185,722|

| 2022|15|$2.4M|$67,921|$131,975|

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