Plan Snapshot
- Plan Sponsor: Navika Capital Group, LLC
- Sponsor EIN: 202969882
- Sponsor Address: 521 EAST RXR PLAZA, UNIONDALE, NY, 11556
- Plan Type: 401(k)
- Total Participants: 2,420
- Total Assets: $4.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 2,420 | $4.5M | $0 | $1.1M |
| 2023 | 2,486 | $3.5M | $0 | $920,734 |
| 2022 | 1,847 | $2.6M | $0 | $771,673 |
| 2019 | 392 | $2.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $71,485 | $64,117 | — | — | — |
| 2023 | $76,341 | $12,700 | — | — | — |
| 2022 | $40,878 | — | — | — | — |
| 2019 | $24,083 | — | — | — | — |