Plan Ledger DOL Form 5500 · updated monthly

Navajo Technical University401(k)

NAVAJO TECHNICAL UNIVERSITY 401(K) PROFIT SHARING PLAN · CROWNPOINT, NM · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Navajo Technical University reported $106,793 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,130 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 1.30% to 0.98%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 128th-largest of 290 plans among New Mexico employers on file, and 2,000th of 3,091 in educational services. In 2024, the employer put in $2.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,434,474
Participants with balances431
Active participants297
Employer contributions$929,683
Employee contributions$386,922
Employer contribution per active participant$3,130
Average account balance$26,530
Benefits paid to participants$961,899
Plan auditUnmodified (clean) audit opinion
AuditorMIDWEST PROFESSIONALS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 431 accts · $930K emplr
2023$10.4M · 419 accts · $916K emplr
2022$8.5M · 374 accts · $795K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,173
Investment management$96,620
Total administrative$106,793
The Navajo Technical University 401(k) match · 2024
Employer contribution per active participant$3,130
Median for plans this size$2,416
2024$3,130 per active participant
2023$3,416 per active participant
2022$2,448 per active participant

Navajo Technical University's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
NATIONWIDE · Recordkeepingindirect comp
LEAFHOUSE FINANCIAL ADVISORS LLC · Investment advisory (plan)$5,431
LEGACY BENEFIT SERVICES LLC$4,680
CAMBRIDGE INVESTMENT RESRCH · Other servicesindirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$106,793 · 0.98%
2023$78,637 · 0.83%
2022$109,549 · 1.30%
Similar plansEducational Services · New Mexico
Santa Fe Preparatory School NM$17.6M · 0.23%
Manzano Day School NM$12.7M · 0.31%
Santa Fe Institute NM$12.3M · 0.00%
Bosque School NM$11.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850303705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.