Plan Ledger DOL Form 5500 · updated monthly

Navika Capital Group, LLC401(k)

NAVIKA CAPITAL GROUP, LLC 401(K) PROFIT SHARING PLAN · UNIONDALE, NY · plan year 2024

Reported admin expense ratio · 2024
1.78%

Navika Capital Group, LLC reported $71,485 in plan administrative expenses for 2024: 1.78% of average plan assets, higher than ~90% of peers. 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 5 years on file its reported administrative ratio rose from 1.38% to 1.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (4,581st of 5,648), and the 948th of 2,240 in accommodation & food services. active participation has grown from 392 to 2,420 since 2019.

Plan summary
Net assets, end of year$4,487,656
Participants with balances309
Active participants2,420
Employer contributions—
Employee contributions$1,066,555
Employer contribution per active participant—
Average account balance$14,523
Benefits paid to participants$530,082
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 309 accts
2023$3.5M · 317 accts
2019$2.2M · 325 accts · $246K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,368
Investment management$64,117
Total administrative$71,485
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 · 20244
ADP, INC. · Recordkeeping$41,484
OCONNOR DAVIES, · Recordkeeping · Pension consulting$30,000
ADP BROKER-DEALER · Other servicesindirect comp
MML INVESTOR SERVICES, LLC · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, OCONNOR DAVIES,
2023ADP, OCONNOR DAVIES,

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Administrative cost history3
2024$71,485 · 1.78%
2023$76,341 · 2.49%
2019$24,083 · 1.38%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 202969882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.