Plan Snapshot
- Plan Sponsor: Navan, INC.
- Sponsor EIN: 473424780
- Sponsor Address: 3045 PARK BOULEVARD, PALO ALTO, CA, 94306
- Plan Type: 401(k)
- Total Participants: 1,145
- Total Assets: $58.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,145 | $58.7M | $0 | $10.2M |
| 2023 | 1,089 | $45.2M | $1.8M | $11.0M |
| 2022 | 1,171 | $27.6M | $2.1M | $8.4M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $133,110 | — | $133,110 |
| MILLER KAPLAN | NONE | $14,750 | — | $14,750 |
| MILLER KAPLAN ARASE LLP | Auditor | $14,750 | — | $14,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $162,610
- Estimated Expense Ratio: 0.277% of plan assets
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 | $147,926 | $66 | $133,110 | $14,750 | — |
| 2023 | $137,003 | $28 | $122,975 | $14,000 | — |
| 2022 | $102,037 | $4 | $83,283 | — | $13,000 |