Plan Ledger DOL Form 5500 · updated monthly

Cheil USA Inc.401(k)

CHEIL USA INC. RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Cheil USA Inc. reported $70,673 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,353 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 0.74% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,311th-largest of 5,648 plans among New York employers on file, and the 2,631st of 11,654 in professional & technical services. In 2024, employees put in $6.14 for every $1.00 the employer contributed; active participation has grown from 604 to 734 since 2022.

Plan summary
Net assets, end of year$53,183,637
Participants with balances1,003
Active participants734
Employer contributions$993,155
Employee contributions$6,098,328
Employer contribution per active participant$1,353
Average account balance$53,025
Benefits paid to participants$7,005,683
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.2M · 1,003 accts · $993K emplr
2023$47.3M · 1,043 accts · $679K emplr
2022$38.8M · 894 accts · $766K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,177
Audit (IQPA)$57,496
Total administrative$70,673
The Cheil USA Inc. 401(k) match · 2024
Employer contribution per active participant$1,353
Median for plans this size$3,635
2024$1,353 per active participant
2023$980 per active participant
2022$1,268 per active participant

Cheil USA Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$55,495

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
2023Prudential

This plan has changed recordkeepers within these filings. If you left Cheil USA Inc. 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$70,673 · 0.14%
2023$393,004 · 0.91%
2022$302,883 · 0.74%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 223154110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.