401(k) · DOL Form 5500 · 2023

Purem Novi Inc. 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
1,043
Participants Near avg headcount
88th
Percentile by assets National rank
$61,050
Avg per participant Low balance/head
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Official DOL plan name: Purem Novi Inc. Retirement Plan · Sponsored by Purem Novi Inc. · Michigan · Manufacturing

$64M in assets, 1,043 participants

Purem Novi Inc.'s Purem Novi Inc. Retirement Plan reported $64M in total assets and 1,043 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,366 in Manufacturing (18,722 peers)

Where Purem Novi Inc. Retirement Plan sits by assets

Purem Novi Inc. Retirement Plan sits in the top quartile of all filed plans by assets, $64M for 1,043 participants (~$61,050/participant), up 28.2% in 2023.

#15,366
in Manufacturing (18,722 peers)
+28.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Purem Novi Inc. Retirement Plan's outsized position by total assets

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

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

$63,674,689 Top 12% higher than 88% 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. Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Purem Novi Inc. Retirement Plan lands in the large band (1,043 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Purem Novi Inc. Retirement Plan reported net income rose from -$8M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Purem Novi Inc. Retirement Plan reported participants rose from 795 in the plan year 2022 filing to 1,043 in the plan year 2023 filing.
  • Purem Novi Inc. Retirement Plan end-of-year assets rose from $50M in the plan year 2022 filing to $64M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

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

Purem Novi Inc. Retirement Plan · $64M · 1,043 · 88th

  • RANK $64M
  • PHOTO 1,043
  • IND 88th
  • EOY 401(k)
  • 5500 near Retail Service Group Savings Plan of Hallmark Cards, Incorporated
  • ASSETS ind #15366

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. Retirement Plan in the asset neighbourhood

Capspecialty, Inc. 401(k) PlanCapspecialty, Inc. 401(k) Pl…$64MAdvanced Radiology Consultants, LLC Profit Sharing PlanAdvanced Radiology Consultan…$64MLc Industries Surplus Sharing & 401(k) PlanLc Industries Surplus Sharin…$64MPurem Novi Inc. Retirement PlanPurem Novi Inc. Retirement P…$64MRetail Service Group Savings Plan of Hallmark Cards, IncorporatedRetail Service Group Savings…$64M
End-of-year total assets ($M) among Purem Novi Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$64M
Net Income$14M
Employer EIN383542936
Plan Effective Date2003-09-01
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. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Purem Novi Inc. Retirement Plan, Total assets ($B): 0.063674689 · Participants: 1043Purem Novi Inc. Retirement 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. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Purem Novi Inc. Retirement Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Retail Service Group Savings Plan of Hallmark Cards, Incorporated in MO ($64M); by covered participants it is New England Authentic Eats 401(k) Plan in MA (1,043 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,043 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. Retirement Plan assets move in 2023? ▼
Purem Novi Inc. Retirement Plan grew sharply - up 28.2% during 2023, from $50M to $64M. Reported net income was $14M.
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.
Where does Purem Novi Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Purem Novi Inc. Retirement Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Purem Novi Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Retail Service Group Savings Plan of Hallmark Cards, Incorporated in MO ($64M, 4,284 participants).
Which 401(k) plans cover a similar participant headcount to Purem Novi Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is New England Authentic Eats 401(k) Plan in MA (1,043 participants, $24M 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.