Plan Ledger DOL Form 5500 · updated monthly

Navitas, Inc.401(k)

NAVITAS, INC. 401(K) PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Navitas, Inc. reported $97,599 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $3,287 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 3 years on file its reported administrative ratio has held roughly steady near 0.287%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 755th-largest of 2,419 plans among New Jersey employers on file, and the 3,762nd of 11,654 in professional & technical services. In 2024, employees put in $2.86 for every $1.00 the employer contributed; active participation has grown from 186 to 217 since 2022.

Plan summary
Net assets, end of year$34,247,114
Participants with balances225
Active participants217
Employer contributions$713,315
Employee contributions$2,037,576
Employer contribution per active participant$3,287
Average account balance$152,209
Benefits paid to participants$6,923,953
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 225 accts · $713K emplr
2023$33.8M · 206 accts · $682K emplr
2022$32.5M · 228 accts · $764K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,786
Investment management$50,813
Total administrative$97,599
The Navitas, Inc. 401(k) match · 2024
Employer contribution per active participant$3,287
Median for plans this size$2,416
2024$3,287 per active participant
2023$3,854 per active participant
2022$4,106 per active participant

Navitas, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$50,813
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,786

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

Administrative cost history3
2024$97,599 · 0.29%
2023$89,594 · 0.27%
2022$104,072 · 0.29%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Kessler Foundation NJ$35.0M · 0.12%
Mandelbaum Barrett, PC NJ$34.7M · 0.21%
Lan Associates NJ$34.6M · 0.24%
Emsl Analytical, Inc. NJ$34.1M · 0.47%
Highpoint Solutions, Inc. NJ$34.0M · 0.20%
Medpro Systems LLC NJ$33.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223739703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.