401(k) · DOL Form 5500 · 2024

Novolex Holdings, LLC 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
999
Participants Near avg headcount
68th
Percentile by assets National rank
$17,448
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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

$17M in assets, 999 participants

Novolex Holdings, LLC's Novolex Te 401(k) Plan reported $17M in total assets and 999 participants in its 2024 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.

  • #10,012 in Manufacturing (17,777 peers)

Coverage in South Carolina

Novolex Te 401(k) Plan covers 999 participants in South Carolina, 2.7x the typical South Carolina plan (state average ~369 per filing). Assets: $17M.

#10,012
in Manufacturing (17,777 peers)
+21.7%
assets growth YoY

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 2024 · DOL Form 5500

$17,430,516 Top 32% higher than 68% of 123,620 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 2024

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

Plan-year 2024 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 (999 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Novolex Te 401(k) Plan end-of-year assets rose from $14M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Novolex Te 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Novolex Te 401(k) Plan reported participants rose from 964 in the plan year 2023 filing to 999 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 271455725 · Novolex Holdings, LLC PY 2024 · 401(k)

Novolex Te 401(k) Plan · $17M · 999 · 68th

  • 5500 $17M
  • ASSETS 999
  • PCT 68th
  • EIN 401(k)
  • RANK near Praxis 401(k) Plan
  • PHOTO ind #10012

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 →

Novolex Te 401(k) Plan in the asset neighbourhood

Novolex Te 401(k) Plan$17MPraxis 401(k) Plan$17MCitiustech 401(k) Plan$17MTelgian Profit Sharing Plan$17MMidwestern Pet Food, Inc. 401(k) Profit Sharing PlanMidwestern Pet Food, Inc. 40…$17M
End-of-year total assets ($M) among Novolex Te 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

South Carolina filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN271455725
Plan Effective Date1999-02-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Novolex Holdings, LLC)

Sponsor-wide plan assets over time

All Novolex Holdings, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$423M 27.57300464914025% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $332M $423M ▲ +27.6%
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 Scatter plot of 6 data points. 05000100001500020000 -1012345 Total assets ($B) Participants Novolex Te 401(k) Plan, Total assets ($B): 0.017430516 · Participants: 999Novolex Te 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Novolex Te 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

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 Praxis 401(k) Plan in MA ($17M); by covered participants it is Hard Rock Sacramento Retirement Plan in CA (999 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (999 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Novolex Te 401(k) Plan grew sharply - up 21.7% during 2024, from $14M to $17M. Reported net income was $3M.
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.
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 Praxis 401(k) Plan in MA ($17M, 79 participants).
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 Hard Rock Sacramento Retirement Plan in CA (999 participants, $19M in assets).