Plan Ledger DOL Form 5500 · updated monthly

Asahi Refining USA, Inc.401(k)

ASAHI SAVINGS PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Asahi Refining USA, Inc. reported $59,087 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $5,100 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 0.35% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 353rd-largest of 848 plans among Utah employers on file, and 6,308th of 11,654 in professional & technical services. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves; active participation has grown from 125 to 152 since 2022.

Plan summary
Net assets, end of year$16,179,689
Participants with balances183
Active participants152
Employer contributions$775,199
Employee contributions$721,428
Employer contribution per active participant$5,100
Average account balance$88,414
Benefits paid to participants$1,482,355
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 183 accts · $775K emplr
2023$14.1M · 181 accts · $596K emplr
2022$12.1M · 162 accts · $671K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,415
Investment management$25,672
Total administrative$59,087
The Asahi Refining USA, Inc. 401(k) match · 2024
Employer contribution per active participant$5,100
Median for plans this size$2,416
2024$5,100 per active participant
2023$4,137 per active participant
2022$5,367 per active participant

Asahi Refining USA, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$33,415
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$25,672

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

Recordkeeper by year2
2024ADP, RESOURCES INVESTMENT ADVISORS, INC.
2023ADP, RESOURCES INVESTMENT ADVISORS, INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,087 · 0.39%
2023$50,729 · 0.39%
2022$48,227 · 0.35%
Similar plansProfessional & Technical Services · Utah
Access Vg LLC UT$17.4M · 0.31%
Outbox Systems, Inc. UT$17.3M · 0.54%
Solutionreach, Inc. UT$17.1M · 0.57%
Securitymetrics Inc UT$16.9M · 0.34%
Wsrp Advisory, LLC UT$15.0M · 0.51%
Pdq.com, Corporation UT$14.4M · 0.05%
Roa Management Holding, LLC UT$13.9M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 461758691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.