Civic Intelligence

Novi Precision Products Inc.

Plan context: Novi Precision Products Inc. 401K Savings and Profit Sharing Plan

EIN 38-2005773 • Brighton, MI • 25 filings • 1 plans

11777 Grand River RdBrighton, MI 48116-8534
Current Snapshot

Latest Year

2023

2023 Participants

29

2023 Assets

$5,401,490

2023 Contributions

$160,400

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$6,631,007$3,315,504$0199920142023YearValue
$5,401,490Latest year 2023

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

52260199920112023YearValue
29Latest year 2023

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2023129$5,401,490$160,400$5,531iApproximate average salary by contribution assumption: employee only about $138,276 at 4% or $92,184 at 6%; with 50% employer match about $92,184 at 4% or $61,456 at 6%; with 100% employer match about $69,138 at 4% or $46,092 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-29$5,401,490$160,400$5,531iApproximate average salary by contribution assumption: employee only about $138,276 at 4% or $92,184 at 6%; with 50% employer match about $92,184 at 4% or $61,456 at 6%; with 100% employer match about $69,138 at 4% or $46,092 at 6%.
2022137$6,383,035$213,047$5,758iApproximate average salary by contribution assumption: employee only about $143,951 at 4% or $95,967 at 6%; with 50% employer match about $95,967 at 4% or $63,978 at 6%; with 100% employer match about $71,975 at 4% or $47,984 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-37$6,383,035$213,047$5,758iApproximate average salary by contribution assumption: employee only about $143,951 at 4% or $95,967 at 6%; with 50% employer match about $95,967 at 4% or $63,978 at 6%; with 100% employer match about $71,975 at 4% or $47,984 at 6%.
2021138$5,533,767$186,296$4,903iApproximate average salary by contribution assumption: employee only about $122,563 at 4% or $81,709 at 6%; with 50% employer match about $81,709 at 4% or $54,473 at 6%; with 100% employer match about $61,282 at 4% or $40,854 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-38$5,533,767$186,296$4,903iApproximate average salary by contribution assumption: employee only about $122,563 at 4% or $81,709 at 6%; with 50% employer match about $81,709 at 4% or $54,473 at 6%; with 100% employer match about $61,282 at 4% or $40,854 at 6%.
2020139$6,631,007$234,814$6,021iApproximate average salary by contribution assumption: employee only about $150,522 at 4% or $100,348 at 6%; with 50% employer match about $100,348 at 4% or $66,899 at 6%; with 100% employer match about $75,261 at 4% or $50,174 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-39$6,631,007$234,814$6,021iApproximate average salary by contribution assumption: employee only about $150,522 at 4% or $100,348 at 6%; with 50% employer match about $100,348 at 4% or $66,899 at 6%; with 100% employer match about $75,261 at 4% or $50,174 at 6%.
2019142$6,076,315$225,910$5,379iApproximate average salary by contribution assumption: employee only about $134,470 at 4% or $89,647 at 6%; with 50% employer match about $89,647 at 4% or $59,765 at 6%; with 100% employer match about $67,235 at 4% or $44,823 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-42$6,076,315$225,910$5,379iApproximate average salary by contribution assumption: employee only about $134,470 at 4% or $89,647 at 6%; with 50% employer match about $89,647 at 4% or $59,765 at 6%; with 100% employer match about $67,235 at 4% or $44,823 at 6%.
2018145$6,034,063$293,334$6,519iApproximate average salary by contribution assumption: employee only about $162,963 at 4% or $108,642 at 6%; with 50% employer match about $108,642 at 4% or $72,428 at 6%; with 100% employer match about $81,482 at 4% or $54,321 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-45$6,034,063$293,334$6,519iApproximate average salary by contribution assumption: employee only about $162,963 at 4% or $108,642 at 6%; with 50% employer match about $108,642 at 4% or $72,428 at 6%; with 100% employer match about $81,482 at 4% or $54,321 at 6%.
2017152$6,365,374$390,956$7,518iApproximate average salary by contribution assumption: employee only about $187,960 at 4% or $125,306 at 6%; with 50% employer match about $125,306 at 4% or $83,538 at 6%; with 100% employer match about $93,980 at 4% or $62,653 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-52$6,365,374$390,956$7,518iApproximate average salary by contribution assumption: employee only about $187,960 at 4% or $125,306 at 6%; with 50% employer match about $125,306 at 4% or $83,538 at 6%; with 100% employer match about $93,980 at 4% or $62,653 at 6%.
2016139$5,747,040$681,163$17,466iApproximate average salary by contribution assumption: employee only about $436,643 at 4% or $291,095 at 6%; with 50% employer match about $291,095 at 4% or $194,064 at 6%; with 100% employer match about $218,321 at 4% or $145,548 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-39$5,747,040$681,163$17,466iApproximate average salary by contribution assumption: employee only about $436,643 at 4% or $291,095 at 6%; with 50% employer match about $291,095 at 4% or $194,064 at 6%; with 100% employer match about $218,321 at 4% or $145,548 at 6%.
2015148$4,818,235$664,557$13,845iApproximate average salary by contribution assumption: employee only about $346,123 at 4% or $230,749 at 6%; with 50% employer match about $230,749 at 4% or $153,833 at 6%; with 100% employer match about $173,062 at 4% or $115,374 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-48$4,818,235$664,557$13,845iApproximate average salary by contribution assumption: employee only about $346,123 at 4% or $230,749 at 6%; with 50% employer match about $230,749 at 4% or $153,833 at 6%; with 100% employer match about $173,062 at 4% or $115,374 at 6%.
2014144$3,858,851$580,192$13,186iApproximate average salary by contribution assumption: employee only about $329,655 at 4% or $219,770 at 6%; with 50% employer match about $219,770 at 4% or $146,513 at 6%; with 100% employer match about $164,827 at 4% or $109,885 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-44$3,858,851$580,192$13,186iApproximate average salary by contribution assumption: employee only about $329,655 at 4% or $219,770 at 6%; with 50% employer match about $219,770 at 4% or $146,513 at 6%; with 100% employer match about $164,827 at 4% or $109,885 at 6%.
2013141$3,398,577$365,631$8,918iApproximate average salary by contribution assumption: employee only about $222,946 at 4% or $148,630 at 6%; with 50% employer match about $148,630 at 4% or $99,087 at 6%; with 100% employer match about $111,473 at 4% or $74,315 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-41$3,398,577$365,631$8,918iApproximate average salary by contribution assumption: employee only about $222,946 at 4% or $148,630 at 6%; with 50% employer match about $148,630 at 4% or $99,087 at 6%; with 100% employer match about $111,473 at 4% or $74,315 at 6%.
2012142$3,254,156$532,424$12,677iApproximate average salary by contribution assumption: employee only about $316,919 at 4% or $211,279 at 6%; with 50% employer match about $211,279 at 4% or $140,853 at 6%; with 100% employer match about $158,460 at 4% or $105,640 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-42$3,254,156$532,424$12,677iApproximate average salary by contribution assumption: employee only about $316,919 at 4% or $211,279 at 6%; with 50% employer match about $211,279 at 4% or $140,853 at 6%; with 100% employer match about $158,460 at 4% or $105,640 at 6%.
2011137$2,577,416$444,539$12,015iApproximate average salary by contribution assumption: employee only about $300,364 at 4% or $200,243 at 6%; with 50% employer match about $200,243 at 4% or $133,495 at 6%; with 100% employer match about $150,182 at 4% or $100,121 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-37$2,577,416$444,539$12,015iApproximate average salary by contribution assumption: employee only about $300,364 at 4% or $200,243 at 6%; with 50% employer match about $200,243 at 4% or $133,495 at 6%; with 100% employer match about $150,182 at 4% or $100,121 at 6%.
2010136$1,957,453$426,374$11,844iApproximate average salary by contribution assumption: employee only about $296,093 at 4% or $197,395 at 6%; with 50% employer match about $197,395 at 4% or $131,597 at 6%; with 100% employer match about $148,047 at 4% or $98,698 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-36$1,957,453$426,374$11,844iApproximate average salary by contribution assumption: employee only about $296,093 at 4% or $197,395 at 6%; with 50% employer match about $197,395 at 4% or $131,597 at 6%; with 100% employer match about $148,047 at 4% or $98,698 at 6%.
2009126$1,623,796$272,075$10,464iApproximate average salary by contribution assumption: employee only about $261,611 at 4% or $174,407 at 6%; with 50% employer match about $174,407 at 4% or $116,271 at 6%; with 100% employer match about $130,805 at 4% or $87,204 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-26$1,623,796$272,075$10,464iApproximate average salary by contribution assumption: employee only about $261,611 at 4% or $174,407 at 6%; with 50% employer match about $174,407 at 4% or $116,271 at 6%; with 100% employer match about $130,805 at 4% or $87,204 at 6%.
2008119$0$0-
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-19---
2007116$0$0-
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-16---
2006116$1,419,839$83,465$5,217iApproximate average salary by contribution assumption: employee only about $130,414 at 4% or $86,943 at 6%; with 50% employer match about $86,943 at 4% or $57,962 at 6%; with 100% employer match about $65,207 at 4% or $43,471 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-16$1,419,839$83,465$5,217iApproximate average salary by contribution assumption: employee only about $130,414 at 4% or $86,943 at 6%; with 50% employer match about $86,943 at 4% or $57,962 at 6%; with 100% employer match about $65,207 at 4% or $43,471 at 6%.
2005120$1,433,482$79,933$3,997iApproximate average salary by contribution assumption: employee only about $99,916 at 4% or $66,611 at 6%; with 50% employer match about $66,611 at 4% or $44,407 at 6%; with 100% employer match about $49,958 at 4% or $33,305 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-20$1,433,482$79,933$3,997iApproximate average salary by contribution assumption: employee only about $99,916 at 4% or $66,611 at 6%; with 50% employer match about $66,611 at 4% or $44,407 at 6%; with 100% employer match about $49,958 at 4% or $33,305 at 6%.
2004127$1,385,054$111,402$4,126iApproximate average salary by contribution assumption: employee only about $103,150 at 4% or $68,767 at 6%; with 50% employer match about $68,767 at 4% or $45,844 at 6%; with 100% employer match about $51,575 at 4% or $34,383 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-27$1,385,054$111,402$4,126iApproximate average salary by contribution assumption: employee only about $103,150 at 4% or $68,767 at 6%; with 50% employer match about $68,767 at 4% or $45,844 at 6%; with 100% employer match about $51,575 at 4% or $34,383 at 6%.
2003128$0$0-
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-28---
2002128$0$0-
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-28---
2001124$0$0-
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-24---
2000128$0$0-
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-28---
1999139$2,152,825$282,378$7,240iApproximate average salary by contribution assumption: employee only about $181,012 at 4% or $120,674 at 6%; with 50% employer match about $120,674 at 4% or $80,450 at 6%; with 100% employer match about $90,506 at 4% or $60,337 at 6%.
Novi Precision Products Inc. 401K Savings and Profit Sharing Plan-39$2,152,825$282,378$7,240iApproximate average salary by contribution assumption: employee only about $181,012 at 4% or $120,674 at 6%; with 50% employer match about $120,674 at 4% or $80,450 at 6%; with 100% employer match about $90,506 at 4% or $60,337 at 6%.