NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES
Plan Contact
- Address: WESTPOINTE CORPORATE CENTER TWO,,MOON TOWNSHIP,PA
- Contact person: IAN ROZON
- Phone: (412) 490-4000
Plan General Information
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES is $143,715,904.00.This plan was established in 1985.
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES is 527
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES Average Participant Retirement Account Value
In 2023, the average participant retirement account value for NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES is $272,705.00
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES is $7,077.00.
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES is approximately $7,135.00
Investing in this additonal $7,135.00 for 20 years would give you extra $456,652.00, assuming a 10% annual return.
Investing in this additonal $7,135.00 for 20 years would give you extra $456,652.00, assuming a 10% annual return.
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES Total Employer Contribution and Match Rate
In 2023, NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES allocates $3,760,248.00 to match its employees' contributions, providing an employer match rate of 89.22% of their contributions
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES is 11.52%.
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES is 16.96%. This measures the effectiveness of the plan participants' investments in the year.
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES Expense Ratio
In 2023, the investment and administrative expense ratio of NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES is 0.01%.
Enrollment Features
NOVA CHEMICALS INC. SAVINGS PLAN FOR U.S. EMPLOYEES has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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