Plan Ledger DOL Form 5500 · updated monthly

Navarro Research and Engineering, Inc.401(k)

NAVARRO RESEARCH AND ENGINEERING, INC. 401(K) PLAN · OAK RIDGE, TN · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Navarro Research and Engineering, Inc. reported $127,040 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,610 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 3 years on file its reported administrative ratio has held roughly steady near 0.185%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 221st-largest of 1,496 plans among Tennessee employers on file, and the 221st of 2,534 in administrative & support services. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has grown from 503 to 590 since 2022.

Plan summary
Net assets, end of year$72,428,419
Participants with balances876
Active participants590
Employer contributions$2,129,745
Employee contributions$6,306,848
Employer contribution per active participant$3,610
Average account balance$82,681
Benefits paid to participants$11,757,951
Plan auditUnmodified (clean) audit opinion
AuditorRODEFER MOSS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$72.4M · 876 accts · $2.1M emplr
2023$65.3M · 833 accts · $2.1M emplr
2022$55.4M · 810 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,069
Investment management$49,971
Total administrative$127,040
The Navarro Research and Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$3,610
Median for plans this size$3,635
2024$3,610 per active participant
2023$3,808 per active participant
2022$3,531 per active participant

Navarro Research and Engineering, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$77,069
RATHER & KITTRELL INC · Investment advisory (plan)$49,971

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

Administrative cost history3
2024$127,040 · 0.18%
2023$111,932 · 0.19%
2022$110,431 · 0.18%
Same employer
Similar plansAdministrative & Support Services · Tennessee
Vaco Holdings, LLC TN$220.3M · 0.22%
Ucor LLC TN$217.4M · 0.01%
Nextsource, Inc. TN$27.3M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621553678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.