Plan Ledger DOL Form 5500 · updated monthly

Navajo Preparatory School, Inc.401(k)

NAVAJO PREPARATORY SCHOOL, INC. 401(K) PLAN · FARMINGTON, NM · plan year 2021

Reported admin expense ratio · 2021
0.86%

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

Navajo Preparatory School, Inc. reported $16,072 in plan administrative expenses for 2021: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,422 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Mexico (247th of 290), and 2,900th of 3,091 in educational services. In 2021, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,718,238
Participants with balances63
Active participants107
Employer contributions$152,143
Employee contributions$195,653
Employer contribution per active participant$1,422
Average account balance$27,274
Benefits paid to participants$409,988
Plan auditUnmodified (clean) audit opinion
AuditorBOLINGER, SEGARS, GILBERT, & MOSS L
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$16,072
Total administrative$16,072
The Navajo Preparatory School, Inc. 401(k) match · 2021
Employer contribution per active participant$1,422
Median for plans this size$994

Navajo Preparatory School, Inc.'s 2021 employer contribution ran above the $994 median for plans its size. 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2021$16,072 · 0.86%
Similar plansEducational Services · New Mexico
Navajo Technical University NM$11.4M · 0.98%
Kipp of Jacksonville FL$1.7M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850395073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.