Novares Us Engine Components, Inc. 401(k) Plan: Login, Facts & Contact Information

Novares Us Engine Components, Inc. 401(k) Plan Facts

Plan name
NOVARES US ENGINE COMPONENTS, INC. 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NOVARES US ENGINE COMPONENTS, INC.
Participants
960 (475 active employees)
Former employees with a balance
442
Plan assets
$57,487,229 at Dec 31, 2024
Average account balance
$69,429 across 828 accounts
Employer contributions
$952,505 in plan year 2024 (30% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jun 1, 1989
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 11, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.13 million went into the plan in contributions, $952,505 of it from the employer (30%).
  • $7.82 million was paid out to participants.
  • Investment and other income added $7.93 million.
  • Administrative expenses were $138,243, about $167 per account.

How the Novares Us Engine Components, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,451$59.1 million$1.84 million$5.95 million
20201,280$64.7 million$1.34 million$10.4 million
20211,150$67.0 million$1.28 million$11.0 million
2022989$50.2 million$1.16 million$7.97 million
2023975$54.4 million$1.08 million$8.57 million
2024960$57.5 million$952,505$7.82 million

Novares Us Engine Components, Inc. 401(k) Contact Information

Phone
262-275-5791
Mailing address
837 WALWORTH STREET, WALWORTH WI 53184
Plan sponsor
NOVARES US ENGINE COMPONENTS, INC.
Employer identification number (EIN)
39-1172503
Plan number
003

Questions about the Novares Us Engine Components, Inc. 401(k)

Does Novares Us Engine Components, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $952,505, 30% of all contributions.

Does the Novares Us Engine Components, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Novares Us Engine Components, Inc 401(k) plan?

960 participants at the start of plan year 2024, 475 of them active employees, and 442 former employees who still had money in the plan.

What is the average 401(k) balance at Novares Us Engine Components, Inc?

About $69,429 per account: $57.5 million in plan assets across 828 accounts with a balance at the end of plan year 2024.

Who manages the Novares Us Engine Components, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Novares Us Engine Components, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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