Plan Ledger DOL Form 5500 · updated monthly

Navix Diagnostix, Inc.401(k)

NAVIX DIAGNOSTIX, INC. 401(K) PLAN · TAUNTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

Navix Diagnostix, Inc. reported $12,714 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. Employer contributions averaged $405 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,130th of 2,726), and 8,990th of 11,654 in professional & technical services. In 2022, employees put in $8.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,169,655
Participants with balances99
Active participants101
Employer contributions$40,915
Employee contributions$357,323
Employer contribution per active participant$405
Average account balance$72,421
Benefits paid to participants$530,211
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$955
Investment management$10,684
Professional / advisory$1,075
Total administrative$12,714
The Navix Diagnostix, Inc. 401(k) match · 2022
Employer contribution per active participant$405
Median for plans this size$1,114

Navix Diagnostix, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,714 · 0.16%
Similar plansProfessional & Technical Services · Massachusetts
Julia O Faigel Dmd, PC MA$7.4M · 0.14%
Energysage, Inc MA$7.3M · 0.08%
Cellarity, Inc MA$7.3M · 0.02%
Tk&K Services, L.L.C. MA$7.2M · 0.08%
Simply Business LLC MA$7.1M · 0.14%
Cm Group, LLC MA$7.1M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650835315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.