401(k) · DOL Form 5500 · 2023
Novolex Holdings, LLC 401(k) Plan
Data updated 2026-08-11
- $348M
- Total assets
- 6,264
- Participants
- 97th
- Percentile by assets
- $55,507
- Avg per participant
Official DOL plan name: Novolex Holdings, LLC 401(k) Plan · Sponsored by Novolex Holdings, LLC · South Carolina · Manufacturing
$348M in assets, 6,264 participants
Novolex Holdings, LLC's Novolex Holdings, LLC 401(k) Plan reported $348M in total assets and 6,264 participants in its 2023 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 127,072 plans)
- #17,684 in Manufacturing (18,722 peers)
Coverage in South Carolina
Novolex Holdings, LLC 401(k) Plan covers 6,264 participants in South Carolina, 17x the typical South Carolina plan (state average ~369 per filing). Assets: $348M.
- $348M
- total plan assets (2023 EOY)
- 6,264
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $55,507
- avg assets per participant
Where Novolex Holdings, LLC 401(k) Plan sits by total assets
Novolex Holdings, LLC 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$347,698,081 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Novolex Holdings, LLC 401(k) Plan reported net income rose from -$63M in the plan year 2022 filing to $47M in the plan year 2023 filing.
- Novolex Holdings, LLC 401(k) Plan end-of-year assets rose from $300M in the plan year 2022 filing to $348M in the plan year 2023 filing.
- Novolex Holdings, LLC 401(k) Plan reported participants rose from 5,988 in the plan year 2022 filing to 6,264 in the plan year 2023 filing.
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 6,264 participants - 17x that state average ($348M EOY assets).
South Carolina filing particulars
| Total Assets (Beginning of Year) | $300M |
|---|---|
| Net Assets (End of Year) | $348M |
| Net Income | $47M |
| Employer EIN | 271455725 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novolex Holdings, LLC)
| 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
- Michelin 401(k) Savings Plan $4.1B · 14,439
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.5B · 8,661
- Sonoco Retirement & Savings Plan $1.6B · 11,311
- Sonoco Retirement & Savings Plan $1.3B · 10,614
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.3B · 11,348
Scale composition for Novolex Holdings, LLC 401(k) Plan
Novolex Holdings, LLC 401(k) Plan reports $348M in end-of-year assets across 6,264 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $55,507 per participant (40% of the national average assets-per-participant) . Net income for plan year 2023 was $47M.
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 | Open filing |
| 2023 | 6,264 | $348M | This page |
| 2024 · index core | 6,315 | $385M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Novolex Holdings, LLC 401(k) Plan (401(k), $385M, 6,315 participants)
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.
- Ati Retirement Plan (TX) $348M · 2,398
- Bayada Home Health Care 401(k) Plan (NJ) $348M · 40,647
- Snowflake Inc. 401(k) Plan (CA) $347M · 3,566
- Standard Chartered Bank Employees Capital Accumulation Plan (NJ) $347M · 1,103
Frequently Asked Questions
How did Novolex Holdings, LLC 401(k) Plan assets move in 2023? ▼
How have Novolex Holdings, LLC plan assets changed over time? ▼
Where does Novolex Holdings, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
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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