Plan Snapshot
- Plan Sponsor: Novarica, INC.
- Sponsor EIN: 472338210
- Sponsor Address: 6 LIBERTY SQUARE #2779, BOSTON, MA, 02109
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $22.1M
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 | 90 | $22.1M | $724,748 | $1.4M |
| 2023 | 81 | $18.4M | $773,475 | $1.3M |
| 2022 | 100 | $14.8M | $687,477 | $1.3M |