Plan Ledger DOL Form 5500 · updated monthly

Navitas USA Holdings, LLC401(k)

NAVITAS USA HOLDINGS, LLC RETIREMENT SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Navitas USA Holdings, LLC reported $70,442 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $2,306 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 0.74% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Massachusetts (1,940th of 2,726), and 2,159th of 3,091 in educational services. In 2024, the employer put in $1.55 for every $1.00 employees contributed themselves; active participation has shrunk from 187 to 152 since 2022.

Plan summary
Net assets, end of year$9,469,618
Participants with balances617
Active participants152
Employer contributions$350,455
Employee contributions$226,424
Employer contribution per active participant$2,306
Average account balance$15,348
Benefits paid to participants$848,669
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 617 accts · $350K emplr
2023$8.6M · 596 accts · $319K emplr
2022$7.9M · 605 accts · $353K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,259
Investment management$27,233
Total administrative$70,442
The Navitas USA Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,306
Median for plans this size$1,313
2024$2,306 per active participant
2023$2,006 per active participant
2022$1,886 per active participant

Navitas USA Holdings, 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.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,186
GLOBAL RETIREMENT PARTNERS$27,233

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,442 · 0.78%
2023$64,768 · 0.79%
2022$64,076 · 0.74%
Similar plansEducational Services · Massachusetts
Laboure College MA$9.2M · 0.08%
Montserrat College of Art MA$9.0M · 0.29%
Hillside School, Inc MA$8.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980636884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.