Naviga Inc.401(k)
NAVIGA INC. 401(K) PLAN · MINNETONKA, MN · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Naviga Inc. reported $33,131 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,045 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 0.069%. 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 495th-largest of 1,918 plans among Minnesota employers on file, and the 2,756th of 11,654 in professional & technical services. In 2024, employees put in $3.42 for every $1.00 the employer contributed; active participation has shrunk from 143 to 102 since 2022.
Naviga Inc.'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 204137909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.