Purem Novi 401(k) match, vesting and fees
What Purem Novi's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Plante & Moran, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 434 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Purem Novi: employer contribution per participant | $2,198 | |
| Peer median | $2,591 |
| Purem Novi: average balance | $64,054 | |
| Peer median | $102,504 |
| Purem Novi: admin expenses ÷ assets | 0.26% | |
| Peer median | 0.11% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $57.6M at the end of plan year 2021 to $86.3M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 1,421 | $86.3M | $3M | $2,198 | 0.26% | Not published | Form 5500 ↗ |
| 2024 | 1,473 | $74.5M | $3.1M | $2,209 | 0.30% | Not published | Form 5500 ↗ |
| 2023 | 1,664 | $63.7M | $2.9M | $1,853 | 0.34% | Not published | Form 5500 ↗ |
| 2022 | 1,413 | $49.7M | $2.3M | $1,795 | 0.34% | Not published | Form 5500 ↗ |
| 2021 | 1,131 | $57.6M | $2.1M | $2,102 | 0.39% | Not published | Form 5500 ↗ |
Other Purem Novi plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Purem Novi Inc. Union Retirement Savings Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Plante Moran (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Purem Novi match 401(k) contributions?
The match terms for the Purem Novi Inc. Retirement Plan have not been published from its filing yet. The plan year 2025 filing reports $3M in employer contributions, about $2,198 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Purem Novi 401(k) match vested?
The vesting schedule for the Purem Novi Inc. Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Purem Novi 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Purem Novi Inc..
I left Purem Novi. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Purem Novi Inc., (248) 470-3422) or the recordkeeper, Fidelity Investments Institutional. The Purem Novi old 401(k) page lists the contacts from every plan filing. Find an old Purem Novi 401(k)
Data from the public Form 5500 annual reports Purem Novi filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Purem Novi. Not financial advice. Report a correction · Methodology