Plan Ledger DOL Form 5500 · updated monthly

Hayashi Telempu North America Corporation401(k)

HTNA RETIREMENT SAVINGS PLAN · PLYMOUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Hayashi Telempu North America Corporation reported $100,289 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,295 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 1 year on file its reported administrative ratio rose from 0.53% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,338th of 2,619), and 7,652nd of 13,661 in manufacturing. In 2024, employees put in $2.99 for every $1.00 the employer contributed; active participation has grown from 321 to 367 since 2022.

Plan summary
Net assets, end of year$13,194,211
Participants with balances457
Active participants367
Employer contributions$475,250
Employee contributions$1,418,727
Employer contribution per active participant$1,295
Average account balance$28,871
Benefits paid to participants$1,529,236
Plan auditUnmodified (clean) audit opinion
AuditorHHM
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 457 accts · $475K emplr
2023$11.6M · 420 accts · $411K emplr
2022$10.2M · 379 accts · $319K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,989
Investment management$10
Audit (IQPA)$21,500
Total administrative$100,289
The Hayashi Telempu North America Corporation 401(k) match · 2024
Employer contribution per active participant$1,295
Median for plans this size$2,416
2024$1,295 per active participant
2023$1,152 per active participant
2022$993 per active participant

Hayashi Telempu North America Corporation's 2024 employer contribution ran below the $2,416 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 · 20244
SAGEVIEW ADVISORY GROUP, LLC$24,790
HENDERSON HUTCHERSON & MCCULLOUGH · Accounting / audit$21,500
SAGEVIEW ADVISORY GROUP, LLC · Investment management$10

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$100,289 · 0.81%
2023$57,642 · 0.53%
2022Not separately reported
Same employer
Similar plansManufacturing · Michigan
Hms Mfg. Co. MI$13.3M · 0.35%
Rosedale Products, Inc. MI$13.3M · 0.02%
Bmt Aerospace USA, Inc. MI$13.2M · 0.03%
Dewys Metal Solutions, Inc. MI$13.2M · 0.65%
Kent Quality Foods, Inc. MI$13.1M · 0.48%
Utica Services, LLC MI$13.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232255107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.