Plan Ledger DOL Form 5500 · updated monthly

Hitachi High-Tech America, Inc.401(k)

HITACHI HIGH-TECH AMERICA, INC. SHARED SAVINGS PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Hitachi High-Tech America, Inc. reported $199,908 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $5,491 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 0.10% to 0.11%. 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 349th-largest of 3,702 plans among Illinois employers on file, and the 250th of 4,246 in wholesale trade. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$193,568,444
Participants with balances897
Active participants670
Employer contributions$3,678,909
Employee contributions$7,409,496
Employer contribution per active participant$5,491
Average account balance$215,795
Benefits paid to participants$18,200,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$193.6M · 897 accts · $3.7M emplr
2023$170.6M · 911 accts · $3.4M emplr
2022$131.2M · 854 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,503
Investment management$55,000
Audit (IQPA)$27,405
Total administrative$199,908
The Hitachi High-Tech America, Inc. 401(k) match · 2024
Employer contribution per active participant$5,491
Median for plans this size$3,635
2024$5,491 per active participant
2023$4,495 per active participant
2022$3,951 per active participant

Hitachi High-Tech America, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$117,503
WINTRUST INVESTMENTS, LLC · Investment advisory (plan)$55,000
CHERRY BEKAERT LLP · Accounting / audit$27,405

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$199,908 · 0.11%
2023$176,482 · 0.12%
2022$151,069 · 0.10%
Same employer
Similar plansWholesale Trade · Illinois
True Value Company IL$228.7M · 0.09%
SYNERGY55 LLC IL$212.8M · 0.04%
Sims Group USA Holdings Corp IL$201.0M · 0.03%
Bosch Security Systems, Inc. IL$200.5M · 0.04%
Berlin Packaging L.L.C. IL$191.5M · 0.14%
Ball Horticultural Company IL$171.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010569971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.