Plan Ledger DOL Form 5500 · updated monthly

Amada North America, Inc.401(k)

AMADA NORTH AMERICA GROUP PROFIT SHARING AND 401(K) PLAN · BUENA PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Amada North America, Inc. reported $88,142 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,120 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 0.05% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 692nd-largest of 9,483 plans among California employers on file, and the 305th of 4,246 in wholesale trade. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 813 to 927 since 2022.

Plan summary
Net assets, end of year$151,814,214
Participants with balances1,085
Active participants927
Employer contributions$3,819,316
Employee contributions$5,146,931
Employer contribution per active participant$4,120
Average account balance$139,921
Benefits paid to participants$14,623,846
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$151.8M · 1,085 accts · $3.8M emplr
2023$137.1M · 1,037 accts · $3.1M emplr
2022$121.5M · 972 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,011
Investment management$32,956
Total administrative$88,142
The Amada North America, Inc. 401(k) match · 2024
Employer contribution per active participant$4,120
Median for plans this size$3,635
2024$4,120 per active participant
2023$3,545 per active participant
2022$3,186 per active participant

Amada North America, Inc.'s 2024 employer contribution ran above 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$55,011
MULTNOMAH GROUP INC · Investment advisory (plan)$26,167

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Amada North America, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$88,142 · 0.06%
2023$130,210 · 0.10%
2022$68,197 · 0.05%
Same employer
Similar plansWholesale Trade · California
Trace 3, LLC CA$173.3M · 0.22%
Holt of California CA$135.0M · 0.12%
Kelly Spicers Inc. CA$133.3M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910862945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.