Plan Ledger DOL Form 5500 · updated monthly

Navigator Development Group, Inc.401(k)

NAVIGATOR DEVELOPMENT GROUP, INC. 401K PLAN · ENTERPRISE, AL · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Navigator Development Group, Inc. reported $39,445 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,575 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 0.64% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (481st of 902), and 8,212th of 11,654 in professional & technical services. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,309,282
Participants with balances108
Active participants152
Employer contributions$391,425
Employee contributions$853,056
Employer contribution per active participant$2,575
Average account balance$86,197
Benefits paid to participants$1,442,281
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.3M · 108 accts · $391K emplr
2022$8.1M · 91 accts · $304K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,842
Trustee / custodial$23,603
Total administrative$39,445
The Navigator Development Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,575
Median for plans this size$1,313
2024$2,575 per active participant
2022$3,042 per active participant

Navigator Development Group, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20243
SUMMIT FINANCIAL LLC · Investment advisory (plan)$22,180
EMPOWER ADVISORY GROUP, LLC · Investment management$1,422

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

Administrative cost history2
2024$39,445 · 0.45%
2022$55,976 · 0.64%
Same employer
Similar plansProfessional & Technical Services · Alabama
Signalink Group Inc. AL$10.2M · 0.69%
Projectxyz, Inc. AL$9.7M · 0.04%
Seabrook Solutions LLC AL$9.2M · 0.39%
Griffon Aerospace, Inc. AL$8.9M · 0.62%
Goodwyn Partners, LLC AL$8.5M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721398731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.