Plan Ledger DOL Form 5500 · updated monthly

Endava Inc.401(k)

ENDAVA INC. 401(K) PROFIT SHARING PLAN AND TRUST · MENDHAM, NJ · plan year 2024

Reported admin expense ratio · 2024
0.41%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Endava Inc. reported $107,137 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $5,172 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.55% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 862nd-largest of 2,419 plans among New Jersey employers on file, and the 4,367th of 11,654 in professional & technical services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has shrunk from 351 to 255 since 2022.

Plan summary
Net assets, end of year$28,166,636
Participants with balances332
Active participants255
Employer contributions$1,318,789
Employee contributions$2,975,642
Employer contribution per active participant$5,172
Average account balance$84,839
Benefits paid to participants$4,997,465
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 332 accts · $1.3M emplr
2023$23.8M · 364 accts · $1.5M emplr
2022$18.4M · 399 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,748
Investment management$50,389
Total administrative$107,137
The Endava Inc. 401(k) match · 2024
Employer contribution per active participant$5,172
Median for plans this size$2,416
2024$5,172 per active participant
2023$5,005 per active participant
2022$4,262 per active participant

Endava Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$56,747
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$50,388

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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Administrative cost history3
2024$107,137 · 0.41%
2023$84,836 · 0.40%
2022$67,985 · 0.55%
Same employer
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Genscript USA Inc. NJ$29.5M · 0.53%
Becht Engineering Co., Inc. NJ$29.4M · 0.56%
Harwood Lloyd, LLC NJ$28.6M · 0.04%
Thermo System LLC NJ$28.4M · 0.17%
Fi-Tek, LLC NJ$28.1M · 0.08%
Onex Credit Partners, LLC NJ$27.6M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472483131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.