Plan Ledger DOL Form 5500 · updated monthly

Navigator Academy of Leadership,Inc401(k)

NAVIGATOR ACADEMY OF LEADERSHIP, INC. 401(K) PLAN · BRANDON, FL · plan year 2022

Reported admin expense ratio · 2022
7.56%

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

Navigator Academy of Leadership,Inc reported $5,257 in plan administrative expenses for 2022: 7.56% of average plan assets, higher than ~90% of peers. Employer contributions averaged $207 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (3,610th of 3,644), and 3,080th of 3,091 in educational services. In 2022, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$101,975
Participants with balances40
Active participants131
Employer contributions$27,104
Employee contributions$45,635
Employer contribution per active participant$207
Average account balance$2,549
Benefits paid to participants$13,700
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,257
Total administrative$5,257
The Navigator Academy of Leadership,Inc 401(k) match · 2022
Employer contribution per active participant$207
Median for plans this size$331

Navigator Academy of Leadership,Inc's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,257 · 7.56%
Similar plansEducational Services · Florida
Kcc Employees, LLC FL$442K · 0.21%
Middle Tree Incorporated CA$126K · 17.81%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 823325058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.