Plan Snapshot
- Plan Sponsor: Navmar Applied Sciences Corporation
- Sponsor EIN: 232054431
- Sponsor Address: 65 W. STREET ROAD, WARMINSTER, PA, 18974
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $31.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 114 | $31.9M | $147,441 | $894,391 |
| 2023 | 137 | $30.3M | $165,241 | $975,817 |
| 2022 | 149 | $26.5M | $43,924 | $215,491 |
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 |
|---|---|---|---|---|
| FISCHER DORWART, PC | 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 | $104,251 | $88,082 | — | — | — |
| 2023 | $96,663 | $61,451 | — | — | — |
| 2022 | $27,144 | $14,420 | $12,724 | — | — |