Plan Ledger DOL Form 5500 · updated monthly

Navmar Applied Sciences Corporation401(k)

NAVMAR APPLIED SCIENCES CORPORATION 401(K) PROFIT SHARING PLAN · WARMINSTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Navmar Applied Sciences Corporation reported $104,251 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,293 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 0.10% to 0.34%. 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 1,129th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,977th of 11,654 in professional & technical services. In 2024, employees put in $6.07 for every $1.00 the employer contributed; active participation has shrunk from 149 to 114 since 2022.

Plan summary
Net assets, end of year$31,850,122
Participants with balances260
Active participants114
Employer contributions$147,441
Employee contributions$894,391
Employer contribution per active participant$1,293
Average account balance$122,500
Benefits paid to participants$3,312,309
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER DORWART, PC
Plan history3
Yearassets · accounts · employer contribution
2024$31.9M · 260 accts · $147K emplr
2023$30.3M · 278 accts · $165K emplr
2022$26.5M · 296 accts · $44K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,169
Investment management$88,082
Total administrative$104,251
The Navmar Applied Sciences Corporation 401(k) match · 2024
Employer contribution per active participant$1,293
Median for plans this size$2,416
2024$1,293 per active participant
2023$1,206 per active participant
2022$295 per active participant

Navmar Applied Sciences Corporation's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PCS RETIREMENT, LLC · Recordkeeping$33,356
CBIZ INR ADVISORY SERVICES, LLC · Investment advisory (participants) · Investment advisory (plan)$70,895

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

Recordkeeper by year2
2024PCS Retirement
2023INVESTNRETIRE, LLC

This plan has changed recordkeepers within these filings. If you left Navmar Applied Sciences Corporation 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$104,251 · 0.34%
2023$96,663 · 0.34%
2022$27,144 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Kline & Specter, P.C. PA$32.3M · 0.16%
Stambaugh Ness, Inc. PA$32.2M · 0.34%
Y-Prime LLC PA$32.2M · 0.31%
Kiavi, Inc. PA$31.3M · 0.21%
The Horst Group, Inc. PA$31.0M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232054431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.