Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Nav Technologies
Nav Technologies 401(k)
- Finance and insurance
- Draper, UT
- EIN 45-5283348
- 1 plan with Schedule H financials
- Plan year 2024
- Nav Technologies, Inc.
- filed as NAV Technologies, Inc.
Administrative expenses excluding investment management, per participant · NAV Technologies 401(k) Plan · plan year 2024
$318.46
Higher than 91% of the 14,713 plans $1 to 10M that report it.
Source
= $68,469 / 215
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250723103339NAL0003949329001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723103339NAL0003949329001, received 2025-07-23
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-23.
Cost and contributions
Administrative expenses per participant
$318.46
Higher than 85% of the 15,210 plans $1 to 10M that report it.
Source
= $68,469 / 215
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250723103339NAL0003949329001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723103339NAL0003949329001, received 2025-07-23
Administrative expenses as a share of assets
0.723%
Higher than 69% of the 15,243 plans $1 to 10M that report it.
Source
= $68,469 / $9,474,032
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250723103339NAL0003949329001, received 2025-07-23
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250723103339NAL0003949329001, received 2025-07-23
Employer contributions per participant
$2,954
Higher than 91% of the 13,342 plans $1 to 10M that report it.
Source
= $635,193 / 215
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250723103339NAL0003949329001, received 2025-07-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723103339NAL0003949329001, received 2025-07-23
Employer share of total contributions
24.6%
Higher than 36% of the 13,370 plans $1 to 10M that report it.
Source
= $635,193 / $2,579,879
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250723103339NAL0003949329001, received 2025-07-23
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250723103339NAL0003949329001, received 2025-07-23
Plan terms, as stated in Nav Technologies, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250723103339NAL0003949329001, received 2025-07-23
Full record, NAV Technologies 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NAV TECHNOLOGIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Plan name | NAV TECHNOLOGIES 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Sponsor EIN / plan number | 45-5283348 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Sponsor location | DRAPER, UT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Industry (business code) | 522298, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Filing received | 2025-07-23 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Participants, beginning of year | 234 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Active participants | 143 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Participants, end of year | 220 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Participants with an account balance | 215 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Total assets, beginning of year | $7,961,769 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Total assets, end of year | $9,474,032 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Net assets, end of year | $9,474,032 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Total income | $3,773,430 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Net income | $1,512,263 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Employer contributions | $635,193 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Participant contributions | $1,592,841 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Other contributions (incl. rollovers) | $351,845 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Total contributions | $2,579,879 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Benefit payments | $2,187,268 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Total expenses (incl. benefit payments) | $2,261,167 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Total administrative expenses | $68,469 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Contract administrator fees | $68,469 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Administrative expenses excluding investment management | $68,469 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Held in mutual funds | $9,385,770 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250723103339NAL0003949329001, received 2025-07-23 |
| Independent auditor | VALENTINE & CALDWELL CPAS, PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250723103339NAL0003949329001, received 2025-07-23 |
Position = column in the DOL layout for form year 2024. Filing 20250723103339NAL0003949329001, received 2025-07-23.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $68,469 | yes |
| PENSIONMARK FINANCIAL GROUP, LLC | INVESTMENT ADVISORY | 27 Investment advisory (plan); 99 Other fees | $0 | yes |
| MORNINGSTAR INVESTMENT MANAGEMENT L | INV ADV, PARTICIPANTS | 26 Investment advisory (participants); 70 Consulting fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250723103339NAL0003949329001, received 2025-07-23.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $7,961,769 | $9,474,032 | 19.0% |
| Participants with a balance | 249 | 215 | -13.7% |
| Administrative expenses | $68,644 | $68,469 | -0.3% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $781,698 | $635,193 | -18.7% |
Prior filing 20240923144715NAL0020645488001, received 2024-09-23; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: NAV TECHNOLOGIES, INC.; SEC registrant: Nav Technologies, Inc. (CIK 1577130, matched by EIN).