Plan Ledger DOL Form 5500 · updated monthly

Chuhatsu North America, Inc.401(k)

CHUHATSU 401K SAVINGS PLAN · GLASGOW, KY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Chuhatsu North America, Inc. reported $3,800 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $807 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 0.08% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (607th of 871), and 10,696th of 13,661 in manufacturing. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 105 to 116 since 2022.

Plan summary
Net assets, end of year$5,956,731
Participants with balances164
Active participants116
Employer contributions$93,667
Employee contributions$238,155
Employer contribution per active participant$807
Average account balance$36,322
Benefits paid to participants$884,026
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 164 accts · $94K emplr
2023$5.9M · 141 accts · $83K emplr
2022$5.5M · 121 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,800
Total administrative$3,800
The Chuhatsu North America, Inc. 401(k) match · 2024
Employer contribution per active participant$807
Median for plans this size$1,313
2024$807 per active participant
2023$798 per active participant
2022$885 per active participant

Chuhatsu North America, Inc.'s 2024 employer contribution ran below the $1,313 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
RETIREMENT MANAGEMENT SERVICES, LLC · Other services$2,032
UBS FINANCIAL SERVICES, INC.indirect comp

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

Administrative cost history3
2024$3,800 · 0.06%
2023$5,908 · 0.10%
2022$5,307 · 0.08%
Same employer
Similar plansManufacturing · Kentucky
The Freeman Corporation KY$6.2M · 0.12%
Preload, LLC KY$6.0M · 0.48%
Par 4 Plastics, Inc. KY$5.8M · 0.96%
Accumetric, LLC KY$5.6M · 0.27%
Cta Acoustics Inc. KY$5.6M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611384150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.