# Navy Mutual Aid Association DB Plan
Source: https://planprovider.pro/companies/navy-mutual-aid-association-plan-001

> Navy Mutual Aid Association's DB plan: 37 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Navy Mutual Aid Association

- **Sponsor EIN:** 530116720

- **Sponsor Address:** 29 CARPENTER RD, ARLINGTON, VA, 222149998

- **Plan Type:** DB

- **Total Participants:** 37

- **Total Assets:** $30.1M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **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|37|$30.1M|$0|$0|

| 2023|40|$29.7M|$750,000|$0|

| 2022|47|$28.6M|$1.8M|$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|

| JOHNSON LAMBERT LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [JOHNSON LAMBERT LLP](https://planprovider.pro/provider/johnson-lambert-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|$173,145|$73,912|$87,618|—|—|

| 2023|$144,954|$29,355|$104,271|—|—|

| 2022|$60,080|—|$38,784|—|—|

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