Plan Ledger DOL Form 5500 · updated monthly

Fast Retailing USA, Inc401(k)

FAST RETAILING USA 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Fast Retailing USA, Inc reported $272,954 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $756 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 0.22% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 701st-largest of 5,648 plans among New York employers on file, and the 371st of 4,246 in wholesale trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 2,275 to 5,405 since 2022.

Plan summary
Net assets, end of year$115,519,806
Participants with balances1,769
Active participants5,405
Employer contributions$4,087,196
Employee contributions$8,570,403
Employer contribution per active participant$756
Average account balance$65,302
Benefits paid to participants$9,097,748
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$115.5M · 1,769 accts · $4.1M emplr
2023$96.4M · 1,463 accts · $3.7M emplr
2022$76.0M · 1,511 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,826
Audit (IQPA)$36,225
Total administrative$272,954
The Fast Retailing USA, Inc 401(k) match · 2024
Employer contribution per active participant$756
Median for plans this size$3,635
2024$756 per active participant
2023$1,369 per active participant
2022$1,407 per active participant

Fast Retailing 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$174,826
MERCER INVESTMENTS LLC · Investment advisory (plan)$61,903
CBIZ CPAS P.C. · Accounting / audit$36,225

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$272,954 · 0.26%
2023$250,060 · 0.29%
2022$179,873 · 0.22%
Same employer
Similar plansWholesale Trade · New York
Nikon Inc. NY$134.9M · 0.05%
Steven Madden LTD. NY$125.0M · 0.20%
Ivoclar Vivadent, Inc. NY$114.2M · 0.01%
Subaru Distributors Corp NY$101.0M · 0.10%
Campari America NY$97.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470947482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.