Plan Ledger DOL Form 5500 · updated monthly

Navigator International, LLC401(k)

NAVIGATOR INTERNATIONAL, LLC 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Navigator International, LLC reported $2,189 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,160 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 rose from 0.05% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alabama (699th of 902), and 4,327th of 5,337 in construction. In 2024, the employer put in $4.73 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,698,012
Participants with balances241
Active participants262
Employer contributions$827,844
Employee contributions$175,082
Employer contribution per active participant$3,160
Average account balance$15,344
Benefits paid to participants$288,025
Plan auditUnmodified (clean) audit opinion
AuditorTHE HIGHLANDS ACCOUNTING GROUP
Plan history2
Yearassets · accounts · employer contribution
2024$3.7M · 241 accts · $828K emplr
2022$1.3M · 50 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,189
Total administrative$2,189
The Navigator International, LLC 401(k) match · 2024
Employer contribution per active participant$3,160
Median for plans this size$1,313
2024$3,160 per active participant
2022$991 per active participant

Navigator International, LLC'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.

Administrative cost history2
2024$2,189 · 0.07%
2022$613 · 0.05%
Similar plansConstruction · Alabama
H. O. Weaver & Sons, Inc. AL$4.3M · 0.36%
Ard Contracting, Inc. AL$4.1M · 0.04%
Lavender, Inc. AL$4.1M · 0.50%
Robt J. Baggett, Inc. AL$3.4M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202865874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.