# Nve INC. 401(k) Plan
Source: https://planprovider.pro/companies/nve-inc-401k-plan-001-0354

> Nve INC.&#39;s 401(k) plan: 341 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nve INC.

- **Sponsor EIN:** 562350354

- **Sponsor Address:** 13800 COPPERMINE ROAD, SUITE 301, HERNDON, VA, 20171

- **Plan Type:** 401(k)

- **Total Participants:** 341

- **Total Assets:** $5.6M

## 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|341|$5.6M|$87,520|$582,212|

| 2023|333|$4.8M|$97,241|$479,404|

| 2022|357|$3.8M|$75,426|$445,035|

| 2021|338|$4.9M|$0|$0|

| 2020|336|$4.1M|$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|

| UHY LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [UHY LLP](https://planprovider.pro/provider/uhy-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|$38,669|—|—|—|—|

| 2023|$32,340|—|$32,340|—|—|

| 2022|$35,983|—|$35,983|—|—|

| 2021|$2,524|$2,524|—|—|—|

| 2020|$2,300|$2,300|—|—|—|

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