Plan Ledger DOL Form 5500 · updated monthly

Daikin Comfort Technologies Manufacturing, L.P.401(k)

THE DAIKIN 401(K) PLAN · WALLER, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Daikin Comfort Technologies Manufacturing, L.P. reported $768,246 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,478 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 0.15% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 169th-largest of 5,688 plans among Texas employers on file, and the 477th of 13,661 in manufacturing. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$635,259,210
Participants with balances12,428
Active participants12,035
Employer contributions$17,781,904
Employee contributions$45,702,449
Employer contribution per active participant$1,478
Average account balance$51,115
Benefits paid to participants$61,288,598
Plan auditUnmodified (clean) audit opinion
AuditorSTULB & ASSOCIATES, APAC
Plan history3
Yearassets · accounts · employer contribution
2024$635.3M · 12,428 accts · $17.8M emplr
2023$529.9M · 11,668 accts · $10.7M emplr
2022$402.9M · 12,020 accts · $14.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$664,679
Investment management$63,567
Audit (IQPA)$40,000
Total administrative$768,246
The Daikin Comfort Technologies Manufacturing, L.P. 401(k) match · 2024
Employer contribution per active participant$1,478
Median for plans this size$4,294
2024$1,478 per active participant
2023$964 per active participant
2022$1,211 per active participant

Daikin Comfort Technologies Manufacturing, L.P.'s 2024 employer contribution ran below the $4,294 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 · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$653,812
MERCER INVESTMENTS LLC · Investment advisory (plan)$38,376
MERCER · Investment advisory (plan)$38,036
REHMANN ROBSON · Accounting / audit$23,019
WILLIAMS DISTRIBUTING CO · Accounting / audit$15,000
WILSHIRE ADVISORS LLC · Investment advisory (plan)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$768,246 · 0.13%
2023$765,150 · 0.16%
2022$602,926 · 0.15%
Similar plansManufacturing · Texas
Mary Kay Inc. TX$789.9M · 0.17%
Huntsman International LLC TX$783.8M · 0.03%
Safran USA, Inc. TX$598.1M · 0.07%
Stmicroelectronics, Inc. TX$572.2M · 0.06%
Integer Holdings Corporation TX$551.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760423371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.