Plan Ledger DOL Form 5500 · updated monthly

Asteelflash USA Corp401(k)

ASTEELFLASH 401(K) PLAN · MILPITAS, CA · plan year 2022

Reported admin expense ratio · 2022
0.19%

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

Asteelflash USA Corp reported $25,124 in plan administrative expenses for 2022: 0.19% of average plan assets, below the peer median. Employer contributions averaged $730 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 0.19% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (4,989th of 9,483), and 8,055th of 13,661 in manufacturing. In 2022, employees put in $5.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,919,903
Participants with balances226
Active participants117
Employer contributions$85,445
Employee contributions$511,258
Employer contribution per active participant$730
Average account balance$52,743
Benefits paid to participants$1,088,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 196 accts · $118K emplr
2023$11.1M · 214 accts · $95K emplr
2022$11.9M · 226 accts · $85K emplr
The Asteelflash USA Corp 401(k) match · 2022
Employer contribution per active participant$730
Median for plans this size$2,266
2024$1,120 per active participant
2023$800 per active participant
2022$730 per active participant

Asteelflash USA Corp's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP, KESTRA ADVISORY SERVICES
2023ADP

This plan has changed recordkeepers within these filings. If you left Asteelflash USA Corp 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$34,478 · 0.31%
2023$24,278 · 0.21%
2022$25,124 · 0.19%
Same employer
Similar plansManufacturing · California
Galasso's Bakery CA$12.0M · 0.58%
Ceribell, Inc. CA$12.0M · 0.13%
Fleenor Company, Inc. CA$12.0M · 0.54%
Mag Instrument, Inc. CA$11.9M · 0.56%
Pentel of America, LTD CA$11.9M · 0.53%
G L Mezzetta, Inc CA$11.9M · 0.62%
Johanson Dielectrics, Inc. CA$11.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990371196 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.