401(k) · DOL Form 5500 · 2024
Novolex Holdings, LLC 401(k) Plan
Data updated 2026-08-11
- $385M
- Total assets
- 6,315
- Participants
- 96th
- Percentile by assets
- $61,011
- Avg per participant
Official DOL plan name: Novolex Holdings, LLC 401(k) Plan · Sponsored by Novolex Holdings, LLC · South Carolina · Manufacturing
$385M in assets, 6,315 participants
Novolex Holdings, LLC's Novolex Holdings, LLC 401(k) Plan reported $385M in total assets and 6,315 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 123,622 plans)
- #16,802 in Manufacturing (17,777 peers)
Coverage in South Carolina
Novolex Holdings, LLC 401(k) Plan covers 6,315 participants in South Carolina, 17x the typical South Carolina plan (state average ~369 per filing). Assets: $385M.
- $385M
- total plan assets (2024 EOY)
- 6,315
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $61,011
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Novolex Holdings, LLC 401(k) Plan reported net income fell from $47M in the plan year 2023 filing to $37M in the plan year 2024 filing.
- Novolex Holdings, LLC 401(k) Plan end-of-year assets rose from $348M in the plan year 2023 filing to $385M in the plan year 2024 filing.
- Novolex Holdings, LLC 401(k) Plan reported participants rose from 6,264 in the plan year 2023 filing to 6,315 in the plan year 2024 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 6,315 participants - 17x that state average ($385M EOY assets).
South Carolina filing particulars
| Total Assets (Beginning of Year) | $348M |
|---|---|
| Net Assets (End of Year) | $385M |
| Net Income | $37M |
| 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 $4.5B · 15,095
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.8B · 9,296
- Sonoco Retirement & Savings Plan $1.7B · 11,813
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.5B · 11,878
- The Milliken Retirement Plan $1.4B · 5,733
Scale composition for Novolex Holdings, LLC 401(k) Plan
Novolex Holdings, LLC 401(k) Plan reports $385M in end-of-year assets across 6,315 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 $61,011 per participant (44% of the national average assets-per-participant) . Net income for plan year 2024 was $37M.
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 | Open filing |
| 2024 · index core | 6,315 | $385M | This page |
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
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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