Plan Ledger DOL Form 5500 · updated monthly

Denso Ten America Limited401(k)

DENSO TEN AMERICA LIMITED 401(K) SHARED SAVINGS PLAN · NOVI, MI · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Denso Ten America Limited reported $113,882 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,671 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 0.11% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 624th-largest of 2,619 plans among Michigan employers on file, and the 1,042nd of 4,246 in wholesale trade. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 155 to 194 since 2022.

Plan summary
Net assets, end of year$39,621,828
Participants with balances278
Active participants194
Employer contributions$906,169
Employee contributions$1,700,340
Employer contribution per active participant$4,671
Average account balance$142,525
Benefits paid to participants$3,128,117
Plan auditUnmodified (clean) audit opinion
AuditorFENNER MELSTROM & DOOLING
Plan history3
Yearassets · accounts · employer contribution
2024$39.6M · 278 accts · $906K emplr
2023$36.2M · 284 accts · $729K emplr
2022$31.5M · 251 accts · $640K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,275
Investment management$71,607
Audit (IQPA)$14,000
Total administrative$113,882
The Denso Ten America Limited 401(k) match · 2024
Employer contribution per active participant$4,671
Median for plans this size$2,416
2024$4,671 per active participant
2023$3,939 per active participant
2022$4,132 per active participant

Denso Ten America Limited's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
ONE DIGITAL TOPCO LLC DBA RESOURCES · Investment advisory (plan)$51,000
FENNER, MELSTROM, & DOOLING, PLC · Accounting / audit$14,000
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$13,107
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$7,500

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$113,882 · 0.30%
2023$79,348 · 0.23%
2022$37,883 · 0.11%
Same employer
Similar plansWholesale Trade · Michigan
Marposs Corporation MI$40.9M · 0.06%
Joint Board of Trustees MI$40.5M · 0.37%
Don Lee Distributor, Inc. MI$40.4M · 0.36%
V.E.C (USA), Inc. MI$40.4M · 0.21%
Barnum Acquisition, LLC MI$38.4M · 0.19%
Avfuel Corporation MI$37.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953047171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.