NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN

Plan Contact

  • Address: 200 US HIGHWAY 9 NORTH,MANALAPAN,NJ
  • Phone: (732) 409-6281

Plan General Information

NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN is $3,555,493.00.This plan was established in 2011.

NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN is 159

NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN is $22,361.00

NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN is $2,188.00.

NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN is 21.07%.

NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN is 17.14%. This measures the effectiveness of the plan participants' investments in the year.

NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of NAVICORE SOLUTIONS EMPLOYEE SAVINGS PLAN is 0.14%.

Enrollment Features

NAVICORE SOLUTIONS EMPLOYEE SAVINGS 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.


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