Plan Snapshot
- Plan Sponsor: Navigant Holdings, LLC Dba Navigant Motor Group
- Sponsor EIN: 881688150
- Sponsor Address: 107 N. CENTER STREET, NORTHVILLE, MI, 481671482
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 203 | $2.2M | $267,408 | $395,551 |
| 2023 | 299 | $1.6M | $237,691 | $370,224 |
| 2022 | 210 | $174,318 | $68,252 | $99,181 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $18,413 | — | $18,413 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $6,771 | $13 | $6,784 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,197
- Estimated Expense Ratio: 1.160% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $25,317 | $3,389 | $18,539 | — | — |
| 2023 | $1,043 | $89 | — | — | — |
| 2022 | $52 | $2 | $50 | — | — |