Plan Snapshot
- Plan Sponsor: Novipax Buyer, LLC
- Sponsor EIN: 853705674
- Sponsor Address: 2215 YORK ROAD, SUITE 208, OAK BROOK, IL, 60523
- Plan Type: 401(k)
- Total Participants: 455
- Total Assets: $10.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 455 | $10.1M | $742,351 | $1.0M |
| 2023 | 457 | $9.4M | $802,619 | $1.2M |
| 2022 | 423 | $8.9M | $702,727 | $1.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PLANTE AND MORAN, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $81,881 | — | — | — | — |
| 2023 | $113,677 | — | — | — | — |
| 2022 | $106,530 | — | — | — | — |