Plan Ledger DOL Form 5500 · updated monthly

Denso International America, Inc.401(k)

DENSO RETIREMENT SAVINGS PLAN · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Denso International America, Inc. reported $1,294,430 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $5,275 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 0.06% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 14th-largest of 2,619 plans among Michigan employers on file, and the 32nd of 5,215 in retail trade. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has shrunk from 12,361 to 11,117 since 2022.

Plan summary
Net assets, end of year$2,073,146,595
Participants with balances13,720
Active participants11,117
Employer contributions$58,647,527
Employee contributions$71,742,904
Employer contribution per active participant$5,275
Average account balance$151,104
Benefits paid to participants$182,536,204
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1B · 13,720 accts · $58.6M emplr
2023$1.9B · 14,232 accts · $57.5M emplr
2022$1.6B · 14,417 accts · $55.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,023,447
Investment management$263,783
Total administrative$1,294,430
The Denso International America, Inc. 401(k) match · 2024
Employer contribution per active participant$5,275
Median for plans this size$5,259
2024$5,275 per active participant
2023$4,874 per active participant
2022$4,484 per active participant

Denso International America, Inc.'s 2024 employer contribution ran above the $5,259 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$1,023,447
SAGEVIEW ADVISORY GROUP, LLC · Investment management$263,783
SAGEVIEW ADVISORY GROUP, LLC$184,000
WARNER NORCROSS & JUDD LLP · Legal$68,073
QDRO CONSULTANTS CO LLC · Consulting$7,200

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

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024$1,294,430 · 0.07%
2023$1,188,012 · 0.07%
2022$1,116,509 · 0.06%
Same employer
Similar plansRetail Trade · Michigan
Cdw LLC IL$2.3B · 0.03%
Kohl's Inc. WI$2.3B
Penney Opco, LLC TX$2.2B · 0.06%
Aldi Inc. IL$2.1B · 0.11%
Ebay Inc. CA$2.0B · 0.01%
Nutrien US LLC CO$2.0B · 0.09%
O'Reilly Automotive, Inc. MO$1.9B · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382651421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.