401k Record

Employers › Navitas Semiconductor

Navitas Semiconductor 401(k)

Recordkeeping fees per participant · Navitas Semiconductor 401(k) Retirement Plan · plan year 2024

$52.68

Higher than 37% of the 14,075 plans $10 to 50M that report it.

Source

= $6,164 / 117
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015044948NAL0001984947001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015044948NAL0001984947001, received 2025-10-15

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-10-15.

Cost and contributions

Administrative expenses excluding investment management, per participant

$55.25

10th: $15.36median $118.8890th: $340.63

Higher than 28% of the 24,371 plans $10 to 50M that report it.

Source

= $6,464 / 117
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015044948NAL0001984947001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015044948NAL0001984947001, received 2025-10-15

Administrative expenses per participant

$91.35

10th: $26.86median $197.2590th: $456.10

Higher than 25% of the 25,098 plans $10 to 50M that report it.

Source

= $10,688 / 117
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015044948NAL0001984947001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015044948NAL0001984947001, received 2025-10-15

Administrative expenses as a share of assets

0.086%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 19% of the 25,132 plans $10 to 50M that report it.

Source

= $10,688 / $12,484,133
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015044948NAL0001984947001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015044948NAL0001984947001, received 2025-10-15

Employer contributions per participant

$6,209

10th: $664median $2,07490th: $4,751

Higher than 95% of the 24,050 plans $10 to 50M that report it.

Source

= $726,448 / 117
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015044948NAL0001984947001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015044948NAL0001984947001, received 2025-10-15

Employer share of total contributions

30.2%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 58% of the 24,084 plans $10 to 50M that report it.

Source

= $726,448 / $2,408,150
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015044948NAL0001984947001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015044948NAL0001984947001, received 2025-10-15

Plan terms, as stated in Navitas Semiconductor, 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 · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015044948NAL0001984947001, received 2025-10-15

Full record, Navitas Semiconductor 401(k) Retirement Plan

FieldValueSource
Plan sponsorNAVITAS SEMICONDUCTOR USA, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015044948NAL0001984947001, received 2025-10-15
Plan nameNAVITAS SEMICONDUCTOR 401(K) RETIREMENT PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251015044948NAL0001984947001, received 2025-10-15
Sponsor EIN / plan number46-4084185 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015044948NAL0001984947001, received 2025-10-15
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015044948NAL0001984947001, received 2025-10-15
Sponsor locationTORRANCE, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015044948NAL0001984947001, received 2025-10-15
Industry (business code)334410, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015044948NAL0001984947001, received 2025-10-15
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015044948NAL0001984947001, received 2025-10-15
Filing received2025-10-15Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015044948NAL0001984947001, received 2025-10-15
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015044948NAL0001984947001, received 2025-10-15
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251015044948NAL0001984947001, received 2025-10-15
Participants, beginning of year126Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015044948NAL0001984947001, received 2025-10-15
Active participants102Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015044948NAL0001984947001, received 2025-10-15
Participants, end of year125Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015044948NAL0001984947001, received 2025-10-15
Participants with an account balance117Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015044948NAL0001984947001, received 2025-10-15
Total assets, beginning of year$8,992,102Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015044948NAL0001984947001, received 2025-10-15
Total assets, end of year$12,484,133Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015044948NAL0001984947001, received 2025-10-15
Net assets, end of year$12,484,133Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015044948NAL0001984947001, received 2025-10-15
Total income$4,245,675Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015044948NAL0001984947001, received 2025-10-15
Net income$3,492,031Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015044948NAL0001984947001, received 2025-10-15
Employer contributions$726,448Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015044948NAL0001984947001, received 2025-10-15
Participant contributions$1,645,212Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015044948NAL0001984947001, received 2025-10-15
Other contributions (incl. rollovers)$36,490Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015044948NAL0001984947001, received 2025-10-15
Total contributions$2,408,150Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015044948NAL0001984947001, received 2025-10-15
Benefit payments$742,956Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015044948NAL0001984947001, received 2025-10-15
Total expenses (incl. benefit payments)$753,644Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015044948NAL0001984947001, received 2025-10-15
Total administrative expenses$10,688Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015044948NAL0001984947001, received 2025-10-15
Contract administrator fees$300Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015044948NAL0001984947001, received 2025-10-15
Recordkeeping fees$6,164Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015044948NAL0001984947001, received 2025-10-15
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015044948NAL0001984947001, received 2025-10-15
Investment advisory and management fees$4,224Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015044948NAL0001984947001, received 2025-10-15
Administrative expenses excluding investment management$6,464derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015044948NAL0001984947001, received 2025-10-15
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015044948NAL0001984947001, received 2025-10-15
Held in common/collective trusts$879,586Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015044948NAL0001984947001, received 2025-10-15
Held in mutual funds$11,515,695Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015044948NAL0001984947001, received 2025-10-15
Independent auditorHOLTHOUSE CARLIN & VAN TRIGT LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015044948NAL0001984947001, received 2025-10-15

Position = column in the DOL layout for form year 2024. Filing 20251015044948NAL0001984947001, received 2025-10-15.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees $6,464yes

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 20251015044948NAL0001984947001, received 2025-10-15.

What changed since the 2023 plan year

Figure20232024Change
Total assets$8,992,102$12,484,13338.8%
Participants with a balance1101176.4%
Administrative expenses$9,229$10,68815.8%
Recordkeeping fees per participant$23.65$52.68122.8%
Employer contributions$587,835$726,44823.6%

Prior filing 20250513083054NAL0017578081001, received 2025-05-13; the plan years are contiguous.

Alerts, claims and corrections

Alert me when this filing changes

One email when a new Form 5500 for Navitas Semiconductor 401(k) Retirement Plan appears in the Department of Labor data. Confirmation link first; unsubscribe link in every email.

Claim this plan

For the sponsor or its plan administrator: request to verify or annotate this page. A work email address at the sponsor speeds up verification.

Report a correction

Every figure is reproduced from the filing with its source. Tell us which figure and what the filing says instead.

Sponsor name as filed: NAVITAS SEMICONDUCTOR USA, INC.; SEC registrant: Navitas Semiconductor, Inc. (CIK 1647585, matched by EIN).