2023 Form 5500 filing — Navika Capital Group, LLC 401(K) Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241211114120NAL0018213376001) for Navika Capital Group, LLC 401(K) Profit Sharing Plan, reported by Navika Capital Group, LLC under EIN 20-2969882 and plan number 001. It reports 1,917 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241211114120NAL0018213376001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Navika Capital Group, LLC
- EIN
- 20-2969882
- Plan number
- 001
- Location
- Uniondale, NY
- Participants
- 1,917
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,543,817
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,543,817
- Participant contributions
- $920,734
- Total income / additions
- $1,487,444
- Benefits paid
- $435,338
- Administrative expenses
- $76,341
- Total expenses
- $526,111
- Net increase / (decrease)
- $961,333
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $45,341 | $0 |
| Oconnor Davies, | ACCOUNTANT | $31,000 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |
| Mml Investor Services, LLC | ADVISOR | $0 | $0 |