Plan Ledger DOL Form 5500 · updated monthly

Nve, Inc.401(k)

NVE, INC. 401(K) PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Nve, Inc. reported $38,669 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $257 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 5 years on file its reported administrative ratio rose from 0.06% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,771st of 2,266), and 2,205th of 3,341 in other services. In 2024, employees put in $6.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,644,416
Participants with balances323
Active participants341
Employer contributions$87,520
Employee contributions$582,212
Employer contribution per active participant$257
Average account balance$17,475
Benefits paid to participants$479,100
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history6
Yearassets · accounts · employer contribution
2024$5.6M · 323 accts · $88K emplr
2023$4.8M · 326 accts · $97K emplr
2022$3.8M · 375 accts · $75K emplr
2021$4.9M · 516 accts · $101K emplr
2020$4.1M · 504 accts · $160K emplr
2019$3.5M · 484 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,669
Total administrative$38,669
The Nve, Inc. 401(k) match · 2024
Employer contribution per active participant$257
Median for plans this size$1,313
2024$257 per active participant
2023$292 per active participant
2022$211 per active participant
2021$300 per active participant
2020$477 per active participant

Nve, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,769
RETIREMENT PLANNERS AND ADMINISTRAT · Contract administrator · Other services$4,900
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history6
2024$38,669 · 0.74%
2023$32,340 · 0.75%
2022$35,983 · 0.83%
2021$2,524 · 0.06%
2020$2,300 · 0.06%
2019$1,682 · 0.06%
Same employer
Similar plansOther Services · Virginia
Richfield Living VA$6.0M · 1.08%
Pathway Homes, Inc VA$5.8M · 0.57%
The Covenant School VA$4.7M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562350354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.