Plan Ledger DOL Form 5500 · updated monthly

NV5, Inc.401(k)

NV5, INC. 401(K) PROFIT SHARING PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

NV5, Inc. reported $491,044 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $8 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 fell from 0.13% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 281st-largest of 9,483 plans among California employers on file, and the 378th of 11,654 in professional & technical services. In 2024, employees put in $1031.83 for every $1.00 the employer contributed; active participation has grown from 2,846 to 3,441 since 2022.

Plan summary
Net assets, end of year$464,301,687
Participants with balances4,342
Active participants3,441
Employer contributions$29,177
Employee contributions$30,105,679
Employer contribution per active participant$8
Average account balance$106,933
Benefits paid to participants$47,822,305
Plan auditUnmodified (clean) audit opinion
AuditorLERROSARBEY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$464.3M · 4,342 accts · $29K emplr
2023$381.7M · 3,985 accts · $1.6M emplr
2022$317.0M · 3,915 accts · $779K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$340,332
Investment management$149,628
Total administrative$491,044
The NV5, Inc. 401(k) match · 2024
Employer contribution per active participant$8
Median for plans this size$4,294
2024$8 per active participant
2023$534 per active participant
2022$274 per active participant

NV5, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$339,807
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$149,627
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$491,044 · 0.12%
2023$431,259 · 0.12%
2022$452,223 · 0.13%
Same employer
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Guidewire Software CA$483.4M · 0.07%
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Veeva Systems Inc. CA$460.9M · 0.04%
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Source: U.S. Department of Labor, Form 5500 series, EIN 800548043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.