# Novato Richmond, INC. 401(k) Plan
Source: https://planprovider.pro/companies/novato-richmond-inc-401k-plan

> Novato Richmond, INC.'s 401(k) plan: 36 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

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

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2023|36|$480,674|$7,631|$9,465|

| 2022|27|$1.4M|$6,707|$8,404|

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