NAVIGA INC. 401(K) PLAN
Overview
Plan Contact
- Address: 7900 INTERNATIONAL DRIVE,,BLOOMINGTON,MN
- Contact person: JENNIFER CUMBUS
- Phone: (651) 639-0662
Plan General Information
At the end of 2022, the total retirement plan assets of NAVIGA INC. 401(K) PLAN is $44,192,754.This plan was established in 1991.
At the end of 2022, the total number of retirement plan participants in NAVIGA INC. 401(K) PLAN is 388
In 2022, the average participant retirement account value for NAVIGA INC. 401(K) PLAN is $113,898
In 2022, the estimated average employee contribution amount per participant for NAVIGA INC. 401(K) PLAN is $4,558
In 2022, the estimated average employer match for an employee in NAVIGA INC. 401(K) PLAN is approximately $0
In 2022, NAVIGA INC. 401(K) PLAN allocates $194 to match its employees’ contributions, providing an employer match rate of 0.01% of their contributions
In 2022, the total retirement plan asset growth rate of NAVIGA INC. 401(K) PLAN is -18.64%
In 2022, the estimated aggregate retirement account investment gain/loss for NAVIGA INC. 401(K) PLAN is -11.59%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of NAVIGA INC. 401(K) PLAN is 0.08%.
Enrollment Features
NAVIGA INC. 401(K) PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.