Plan Snapshot
- Plan Sponsor: Navitas Usa Holdings, LLC
- Sponsor EIN: 980636884
- Sponsor Address: 24 FEDERAL STREET, BOSTON, MA, 02110
- Plan Type: DC
- Total Participants: 152
- Total Assets: $9.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 152 | $9.5M | $350,455 | $226,424 |
| 2023 | 159 | $8.6M | $318,971 | $232,542 |
| 2022 | 187 | $7.9M | $352,718 | $333,006 |
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 |
|---|---|---|---|---|
| MARCUM LLP | Auditor | — | — | $0 |
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 | $70,442 | $27,233 | $37,259 | — | — |
| 2023 | $64,768 | $23,986 | $7,100 | — | — |
| 2022 | $64,076 | $24,236 | $32,590 | — | $7,250 |