401(k) · DOL Form 5500 · 2022

Novolex Holdings, LLC 401(k) Plan

Data updated 2026-08-11

$300M
Total assets
5,988
Participants
97th
Percentile by assets
$50,125
Avg per participant
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Official DOL plan name: Novolex Holdings, LLC 401(k) Plan · Sponsored by Novolex Holdings, LLC · South Carolina · Manufacturing

$300M in assets, 5,988 participants

Novolex Holdings, LLC's Novolex Holdings, LLC 401(k) Plan reported $300M in total assets and 5,988 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,544 in Manufacturing (20,602 peers)

Coverage in South Carolina

Novolex Holdings, LLC 401(k) Plan covers 5,988 participants in South Carolina, 16x the typical South Carolina plan (state average ~369 per filing). Assets: $300M.

$300M
total plan assets (2022 EOY)
5,988
covered participants
97th
percentile by assets (of 139,126 plans)
$50,125
avg assets per participant

The plan reported a net loss of $63M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Novolex Holdings, LLC 401(k) Plan reports 5,988 participants - 16x that state average ($300M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)$363M
Net Assets (End of Year)$300M
Net Income-$63M
Employer EIN271455725
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novolex Holdings, LLC)

$300M$350M$400M$450M 202220232024 $332M $423M ▲ +27.6%
Total plan assets by year, all Novolex Holdings, LLC plans on file
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 Holdings, LLC 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Novolex Holdings, LLC 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 40006000800010000120001400016000 01234 Total assets ($B) Participants Novolex Holdings, LL…Michelin 401(k) Savi…The Savannah River N…Sonoco Retirement & …The Milliken Retirem…Blue Cross Blue Shie…
Novolex Holdings, LLC 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Scale composition for Novolex Holdings, LLC 401(k) Plan

Novolex Holdings, LLC 401(k) Plan reports $300M in end-of-year assets across 5,988 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $50,125 per participant (36% of the national average assets-per-participant) . Net income for plan year 2022 was -$63M.

This plan identity (EIN 271455725, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $300M to $385M (+28.4%) while covered participants moved from 5,988 to 6,315 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,988 $300M This page
2023 6,264 $348M Open filing
2024 · index core 6,315 $385M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Novolex Holdings, LLC 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Novolex Holdings, LLC 401(k) Plan assets move in 2022?
Novolex Holdings, LLC 401(k) Plan declined sharply - down 17.3% during 2022, from $363M to $300M. Reported net income was -$63M.
How have Novolex Holdings, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Novolex Holdings, LLC's sponsor-wide assets grew 27.6%, from $332M to $423M.
Where does Novolex Holdings, LLC 401(k) Plan rank by assets among Form 5500 filers?
Novolex Holdings, LLC 401(k) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Novolex Holdings, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ccp 401(k) Retirement Savings Plan in NY ($300M, 1,780 participants).

Next read for Novolex Holdings, LLC 401(k) Plan

Filing takeaways

Ways to act on Novolex Holdings, LLC 401(k) Plan's numbers.

  • By total assets, Novolex Holdings, LLC 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
  • Novolex Holdings, LLC's sponsor-wide assets have grown 27.6% since 2022 across 3 plan years on file. More Manufacturing plans