Plan Ledger DOL Form 5500 · updated monthly

Navis, LLC.401(k)

NAVIS, LLC. 401(K) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Navis, LLC. reported $73,243 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $4,727 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 0.12% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 389th-largest of 2,160 plans among Georgia employers on file, and the 2,697th of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 140 to 290 since 2022.

Plan summary
Net assets, end of year$62,602,569
Participants with balances296
Active participants290
Employer contributions$1,370,699
Employee contributions$3,146,314
Employer contribution per active participant$4,727
Average account balance$211,495
Benefits paid to participants$7,617,102
Plan auditUnmodified (clean) audit opinion
AuditorVASQUEZCPA
Plan history3
Yearassets · accounts · employer contribution
2024$62.6M · 296 accts · $1.4M emplr
2023$50.8M · 225 accts · $916K emplr
2022$49.0M · 244 accts · $963K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,873
Investment management$25,345
Total administrative$73,243
The Navis, LLC. 401(k) match · 2024
Employer contribution per active participant$4,727
Median for plans this size$3,635
2024$4,727 per active participant
2023$7,511 per active participant
2022$6,877 per active participant

Navis, LLC.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$47,873
NATIONAL FINANCIAL SERVICES, LLC · Recordkeepingindirect comp
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$25,345

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

Recordkeeper by year2
2024Empower, NATIONAL FINANCIAL SERVICES, LLC
2023Prudential

This plan has changed recordkeepers within these filings. If you left Navis, LLC. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,243 · 0.13%
2023$82,751 · 0.17%
2022$66,501 · 0.12%
Similar plansManufacturing · Georgia
Omnimax International, LLC GA$68.4M · 0.12%
Ppc Industries, Inc. GA$65.2M · 0.13%
Pirelli Tire LLC GA$65.0M · 0.09%
Alpla, Inc. GA$62.2M · 0.43%
Macrosource, LLC GA$61.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943314201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.