Plan Ledger DOL Form 5500 · updated monthly

Amano USA Holdings, Inc.401(k)

AMANO USA 401(K) RETIREMENT PLAN · TOTOWA, NJ · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Amano USA Holdings, Inc. reported $284,843 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,454 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 fell from 0.46% to 0.43%. 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 460th-largest of 2,419 plans among New Jersey employers on file, and the 2,449th of 13,661 in manufacturing. In 2024, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,658,550
Participants with balances728
Active participants509
Employer contributions$1,248,885
Employee contributions$3,376,109
Employer contribution per active participant$2,454
Average account balance$97,058
Benefits paid to participants$3,927,926
Plan auditUnmodified (clean) audit opinion
AuditorMURPHY, MILLER, AND BAGLIERI, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$70.7M · 728 accts · $1.2M emplr
2023$62.8M · 723 accts · $1.2M emplr
2022$57.0M · 725 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$167,758
Investment management$117,085
Total administrative$284,843
The Amano USA Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,454
Median for plans this size$3,635
2024$2,454 per active participant
2023$2,382 per active participant
2022$2,056 per active participant

Amano USA Holdings, 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$167,758
RBC WEALTH MANAGMENT · Investment advisory (plan)$114,822

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$284,843 · 0.43%
2023$250,019 · 0.42%
2022$287,541 · 0.46%
Same employer
Similar plansManufacturing · New Jersey
Air Cruisers Company, LLC NJ$73.4M · 0.10%
Clayton Block Company, Inc. NJ$73.4M · 0.05%
Sekisui America Corporation NJ$73.2M · 0.26%
Adare Pharmaceuticals, Inc. NJ$69.1M · 0.18%
Humanscale Corporation NJ$67.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223037940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.