401(k) · DOL Form 5500 · 2022

Novolex (Duro Hilex Poly, LLC) 401(k) Plan

Q: How did Novolex Te 401(k) Plan assets move in 2022?

Novolex Te 401(k) Plan pulled back noticeably - down 5.1% during 2022, from $12M to $11M. Reported net income was -$618K.

Q: How have Novolex (Duro Hilex Poly, LLC) plan assets changed over time?

Across 3 plan years on file (2022-2024), Novolex (Duro Hilex Poly, LLC)'s sponsor-wide assets grew 27.6%, from $332M to $423M.

Q: Which 401(k) plans are similar in size to Novolex Te 401(k) Plan?

Among 401(k) plans in other states, the closest by assets is Waw 401(k) Plan in VA ($11M, 37 participants).

Q: Which 401(k) plans cover a similar participant headcount to Novolex Te 401(k) Plan?

Among 401(k) plans in other states, the closest by covered participants is Tamko Building Products LLC 401(k) Plan in KS (974 participants, $122M in assets).

Data updated 2026-08-25

$11M
Total assets Small plan by assets: 974
Participants Near avg headcount: 68th
Percentile by assets National rank: $11,724
Avg per participant Low balance/head

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Official DOL plan name: Novolex Te 401(k) Plan · Sponsored by Novolex (Duro Hilex Poly, LLC) · South Carolina · Manufacturing

$11M in assets, 974 participants

Novolex (Duro Hilex Poly, LLC)'s Novolex Te 401(k) Plan reported $11M in total assets and 974 participants in its 2022 DOL Form 5500 filing, ranking in the 68th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

#11,436 in Manufacturing (20,602 peers)

Coverage in South Carolina

Novolex Te 401(k) Plan covers 974 participants in South Carolina, 2.6x the typical South Carolina plan (state average ~369 per filing). Assets: $11M.

#11,436
in Manufacturing (20,602 peers): -5.1%
assets change YoY

The plan reported a net loss of $618K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novolex Te 401(k) Plan's outsized position by total assets

Novolex Te 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,418,893 Top 32% higher than 68% of 139,123 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Novolex Te 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novolex Te 401(k) Plan sits mid-pack in the medium band (974 participants).

Micro (1-10) 37,406 filings (26%) Small (11-100) 30,574 filings (21%) Medium (101-1,000) 63,709 filings (45%) Large (1,001-10,000) 9,970 filings (7%) Mega (10,000+) 1,298 filings (<1%)

EBSA filing schedule strip

Filing strip 271455725 · Novolex (Duro Hilex Poly, LLC) PY 2022 · 401(k)

Novolex Te 401(k) Plan · $11M · 974 · 68th

PHOTO $11M
PHOTO 974
PHOTO 68th
PHOTO 401(k)
PHOTO near Waw 401(k) Plan
PHOTO ind #11436

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in South Carolina →

End-of-year total assets ($M) among Novolex Te 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

South Carolina filing particulars

Total Assets (Beginning of Year)	$12M
Net Assets (End of Year)	$11M
Net Income	-$618K
Employer EIN	271455725
Plan Effective Date	1999-02-15
Filing Status	FILING RECEIVED

Sponsor Plan History (Novolex (Duro Hilex Poly, LLC))

Latest sponsor-wide plan assets: $423M 27.57300464914025% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	3	7,370	$332M
2023	3	7,606	$382M
2024	3	7,674	$423M

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Novolex Te 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Michelin 401(k) Savings Plan $3.6B · 13,708
The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.2B · 7,829
Sonoco Retirement & Savings Plan $1.2B · 9,714
The Milliken Retirement Plan $1.2B · 6,185
Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.1B · 11,881

Compare Novolex Te 401(k) Plan side-by-side with 3 peers →

Novolex Te 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Waw 401(k) Plan in VA ($11M); by covered participants it is Tamko Building Products LLC 401(k) Plan in KS (974 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Waw 401(k) Plan (VA) $11M · 37
Mastercool, Inc. 401(k) Salary Savings and Profit Sharing Plan (NJ) $11M · 115
Scf Partners Inc. Profit Sharing Plan (TX) $11M · 21
Oklahoma Otolaryngology Associates, Inc. Profit Sharing Plan (OK) $11M · 69

Similar participant headcount

Nearest other-state filings by covered participants (974 participants); asset peers above are excluded.

Tamko Building Products LLC 401(k) Plan (KS) 974 · 0 off
Montaplast of North America Inc 401(k) Plan (KY) 974 · 0 off
D. E. Shaw & Co. 401(k) Plan (NY) 974 · 0 off
Wash Multifamily Laundry Systems, LLC 401(k) Plan (CA) 974 · 0 off

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Novolex Te 401(k) Plan assets move in 2022? ▼

Novolex Te 401(k) Plan pulled back noticeably - down 5.1% during 2022, from $12M to $11M. Reported net income was -$618K.

How have Novolex (Duro Hilex Poly, LLC) plan assets changed over time? ▼