Plan Snapshot
- Plan Sponsor: Novetus Engineering LLC
- Sponsor EIN: 274617569
- Sponsor Address: P. O. BOX 940455, HOUSTON, TX, 77094
- Plan Type: 401(k)
- Total Participants: 70
- Total Assets: $7.4M
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 | 70 | $7.4M | $108,831 | $604,725 |
| 2023 | 53 | $4.9M | $61,458 | $509,145 |
| 2022 | 49 | $4.1M | $52,728 | $520,821 |