401(k) · DOL Form 5500 · 2023

Purem Novi Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
291
Participants Below avg headcount
59th
Percentile by assets National rank
$34,786
Avg per participant Low balance/head
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Official DOL plan name: Purem Novi Inc. Union Retirement Savings Plan · Sponsored by Purem Novi Inc. · Michigan · Manufacturing

$10M in assets, 291 participants

Purem Novi Inc.'s Purem Novi Inc. Union Retirement Savings Plan reported $10M in total assets and 291 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #8,457 in Manufacturing (18,722 peers)

Coverage in Michigan

Purem Novi Inc. Union Retirement Savings Plan covers 291 participants in Michigan, about 46% of the average Michigan filer (state average ~638 per filing). Assets: $10M.

#8,457
in Manufacturing (18,722 peers)
+24.7%
assets growth YoY

Purem Novi Inc. Union Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers

Purem Novi Inc. Union Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,122,738 Top 41% higher than 59% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Purem Novi Inc. Union Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Purem Novi Inc. Union Retirement Savings Plan sits mid-pack in the medium band (291 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Purem Novi Inc. Union Retirement Savings Plan reported net income rose from -$864K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Purem Novi Inc. Union Retirement Savings Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Purem Novi Inc. Union Retirement Savings Plan reported participants fell from 322 in the plan year 2022 filing to 291 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 383542936 · Purem Novi Inc. PY 2023 · 401(k)

Purem Novi Inc. Union Retirement Savings Plan · $10M · 291 · 59th

  • ASSETS $10M
  • ASSETS 291
  • ASSETS 59th
  • ASSETS 401(k)
  • ASSETS near Merrick Hardwoods Employee Retirement Plan
  • ASSETS ind #8457

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 Michigan →

Purem Novi Inc. Union Retirement Savings Plan in the asset neighbourhood

Purem Novi Inc. Union Retirement Savings PlanPurem Novi Inc. Union Retire…$10MMerrick Hardwoods Employee Retirement PlanMerrick Hardwoods Employee R…$10MWilliam Rawn Associates, Architects, Inc. 401(k) PlanWilliam Rawn Associates, Arc…$10MLiberty Steel Products 401(k) Retirement PlanLiberty Steel Products 401(k…$10MUnwired Broadband Holdings 401(k) PlanUnwired Broadband Holdings 4…$10M
End-of-year total assets ($M) among Purem Novi Inc. Union Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN383542936
Plan Effective Date2019-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Purem Novi Inc.)

Sponsor-wide plan assets over time

All Purem Novi Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$87M 50.78384723695177% vs 2022
2024 filing year
$50M$60M$70M$80M$90M$100M 202220232024 $57.8M $87.1M ▲ +50.8%
Year Plans Participants Total Assets
2022 2 1,117 $58M
2023 2 1,334 $74M
2024 2 1,627 $87M

Nearby 401(k) Plans in Michigan

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

Purem Novi Inc. Union Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Purem Novi Inc. Union Retirement Savings Plan, Total assets ($B): 0.010122738 · Participants: 291Purem Novi Inc. Union Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Purem Novi Inc. Union Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Purem Novi Inc. Union Retirement Savings Plan side-by-side with 3 peers →

Purem Novi Inc. Union Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Merrick Hardwoods Employee Retirement Plan in KY ($10M); by covered participants it is Fleetwood - Fibre Packaging & Graphics, Inc. Retirement Savings and Profit in CA (291 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (291 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Purem Novi Inc. Union Retirement Savings Plan assets move in 2023? ▼
Purem Novi Inc. Union Retirement Savings Plan grew sharply - up 24.7% during 2023, from $8M to $10M. Reported net income was $2M.
How have Purem Novi Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Purem Novi Inc.'s sponsor-wide assets grew 50.8%, from $58M to $87M.
Which 401(k) plans are similar in size to Purem Novi Inc. Union Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Merrick Hardwoods Employee Retirement Plan in KY ($10M, 223 participants).
Which 401(k) plans cover a similar participant headcount to Purem Novi Inc. Union Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fleetwood - Fibre Packaging & Graphics, Inc. Retirement Savings and Profit in CA (291 participants, $28M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 383542936.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.