Plan Snapshot
- Plan Sponsor: Noveon Magnetics INC.
- Sponsor EIN: 472992599
- Sponsor Address: 1550 CLOVIS R BARKER ROAD, SAN MARCOS, TX, 786662095
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $1.5M
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 | 80 | $1.5M | $245,846 | $392,299 |
| 2023 | 47 | $836,123 | $119,970 | $250,706 |
| 2022 | 31 | $372,876 | $72,283 | $182,529 |
| 2021 | 16 | $215,688 | $59,935 | $100,221 |