Novato Richmond, INC. 401(k) Plan

Form 5500 filing data for plan year 2023.

Plan Snapshot

  • Plan Sponsor: Novato Richmond, INC.
  • Sponsor EIN: 811569446
  • Sponsor Address: 1784 LARCHWOOD DRIVE, TROY, MI, 48083
  • Plan Type: 401(k)
  • Total Participants: 36
  • Total Assets: $480,674

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: No
  • Participant Loans: Yes
  • Participant-Directed Investments: No
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202336$480,674$7,631$9,465
202227$1.4M$6,707$8,404

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