Nv5, Inc. 401(k) Review & Grade
Nv5, Inc. 401(k) Profit Sharing Plan
San Diego, CAProfessional, Scientific & Technical Services3,514 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$8Employer $ per active participant
$8,569Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$464.3MNet plan assets, end of year
$106,933Average balance per account
Score breakdown
- Employer generosity2.4 / 505th percentile for employer $ per participant
- Low cost13.0 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving6.8 / 1546th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score22 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 5th |
| Lower admin cost | 52th |
| Employee saving | 46th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,191 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Nv5 put in about $8 per active participant, below the typical peer ($2,951). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $29,177 |
| Participant (employee) contributions | $30,105,679 |
| Other contributions (incl. rollovers in) | $11,168,744 |
| Administrative expenses paid from the plan | $491,044 |
| Investment advisory & management fees | $149,628 |
| Other admin expenses | $1,084 |
| Benefits paid out | $47,822,305 |
| Net assets, start / end of year | $381.7M / $464.3M |
| Active participants, start / end of year | 3,586 / 3,441 |
| Participants with account balances | 4,342 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Lerrosarbey, PLLC |
Largest service providers (Schedule C)
| Adp, Inc. | $339,807 reported compensation |
| Morgan Stanley Smith Barney | $149,627 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015081805NAL0005505312001, received 2025-10-15, EIN 80-0548043, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.