Plan Ledger DOL Form 5500 · updated monthly

Canon Business Process Services, Inc.401(k)

CANON BUSINESS PROCESS SERVICES RETIREMENT AND INVESTMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Canon Business Process Services, Inc. reported $142,199 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,733 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 3 years on file its reported administrative ratio has held roughly steady near 0.10%. 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 583rd-largest of 5,648 plans among New York employers on file, and the 304th of 4,246 in wholesale trade. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$151,898,318
Participants with balances1,843
Active participants1,247
Employer contributions$3,407,542
Employee contributions$6,011,298
Employer contribution per active participant$2,733
Average account balance$82,419
Benefits paid to participants$22,559,351
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$151.9M · 1,843 accts · $3.4M emplr
2023$146.2M · 1,907 accts · $3.4M emplr
2022$123.9M · 1,924 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,542
Investment management$52,657
Total administrative$142,199
The Canon Business Process Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,733
Median for plans this size$3,635
2024$2,733 per active participant
2023$2,661 per active participant
2022$2,527 per active participant

Canon Business Process Services, 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$99,501
VANGUARD ADVISERS INC. · Investment advisory (participants)$52,657

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$142,199 · 0.10%
2023$130,553 · 0.10%
2022$121,440 · 0.09%
Same employer
Similar plansWholesale Trade · New York
Centric Brands Holding LLC NY$180.9M · 0.06%
Itochu International Inc. NY$175.8M · 0.24%
Festo Corporation NY$171.1M · 0.06%
Nikon Inc. NY$134.9M · 0.05%
Steven Madden LTD. NY$125.0M · 0.20%
Fast Retailing USA, Inc NY$115.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133978583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.