Plan Ledger DOL Form 5500 · updated monthly

Ajinomoto Foods North America, Inc.401(k)

AJINOMOTO FOODS NORTH AMERICA, INC. 401K SAVINGS PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Ajinomoto Foods North America, Inc. reported $332,765 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,137 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.16% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 660th-largest of 9,483 plans among California employers on file, and the 1,345th of 13,661 in manufacturing. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$161,753,782
Participants with balances3,799
Active participants3,093
Employer contributions$6,608,427
Employee contributions$11,668,598
Employer contribution per active participant$2,137
Average account balance$42,578
Benefits paid to participants$13,894,840
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$161.8M · 3,799 accts · $6.6M emplr
2023$137.1M · 3,117 accts · $5.5M emplr
2022$115.8M · 3,138 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$212,339
Investment management$118,446
Total administrative$332,765
The Ajinomoto Foods North America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,137
Median for plans this size$3,635
2024$2,137 per active participant
2023$1,915 per active participant
2022$1,847 per active participant

Ajinomoto Foods North America, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$212,339
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$62,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$56,446

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$332,765 · 0.22%
2023$286,923 · 0.23%
2022$201,667 · 0.16%
Same employer
Similar plansManufacturing · California
Aspire Bakeries LLC CA$168.2M · 0.17%
Karoun Dairies, LLC CA$163.8M · 0.16%
Blue Diamond Growers CA$162.0M · 0.12%
Amy's Kitchen, Inc. CA$161.3M · 0.21%
Georg Fischer Signet LLC CA$159.1M · 0.13%
Basic American, Inc. CA$158.6M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461701609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.