Plan Ledger DOL Form 5500 · updated monthly

Asahi Kasei America, Inc.401(k)

ASAHI KASEI 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Asahi Kasei America, Inc. reported $256,683 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $9,171 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 0.17% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 344th-largest of 5,648 plans among New York employers on file, and the 576th of 11,654 in professional & technical services. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$293,587,253
Participants with balances1,966
Active participants1,324
Employer contributions$12,142,449
Employee contributions$13,325,309
Employer contribution per active participant$9,171
Average account balance$149,332
Benefits paid to participants$22,032,481
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$293.6M · 1,966 accts · $12.1M emplr
2023$249.5M · 2,211 accts · $11.6M emplr
2022$203.7M · 2,000 accts · $9.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,334
Investment management$92,349
Audit (IQPA)$25,000
Total administrative$256,683
The Asahi Kasei America, Inc. 401(k) match · 2024
Employer contribution per active participant$9,171
Median for plans this size$4,294
2024$9,171 per active participant
2023$8,313 per active participant
2022$7,391 per active participant

Asahi Kasei America, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$81,334
RENAISSANCE BENEFIT ADVISORS GROUP · Investment advisory (plan)$92,349
CARLSON QUINN · Consulting · Insurance services$58,000
REHMANN ROBSON · Accounting / audit$25,000

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$256,683 · 0.09%
2023$245,867 · 0.11%
2022$363,058 · 0.17%
Same employer
Similar plansProfessional & Technical Services · New York
Pkfod Management Company LLC NY$335.6M · 0.23%
Hughes Hubbard & Reed LLP NY$289.1M · 0.04%
The Cannon Corporation NY$273.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132698638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.