Plan Ledger DOL Form 5500 · updated monthly

Hitachi Solutions America, LTD.401(k)

HITACHI SOLUTIONS AMERICA, LTD. 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Hitachi Solutions America, LTD. reported $168,784 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $9,974 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 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 867th-largest of 9,483 plans among California employers on file, and the 1,278th of 11,654 in professional & technical services. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has shrunk from 789 to 564 since 2022.

Plan summary
Net assets, end of year$120,336,402
Participants with balances781
Active participants564
Employer contributions$5,625,393
Employee contributions$9,589,230
Employer contribution per active participant$9,974
Average account balance$154,080
Benefits paid to participants$18,539,924
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$120.3M · 781 accts · $5.6M emplr
2023$108.6M · 879 accts · $6.9M emplr
2022$87.1M · 931 accts · $5.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,986
Investment management$80,494
Audit (IQPA)$17,655
Total administrative$168,784
The Hitachi Solutions America, LTD. 401(k) match · 2024
Employer contribution per active participant$9,974
Median for plans this size$3,635
2024$9,974 per active participant
2023$10,139 per active participant
2022$7,458 per active participant

Hitachi Solutions America, LTD.'s 2024 employer contribution ran above the $3,635 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$80,494
ASSOCIATES IN EXCELLENCE DBA CETERA$64,649
BPM LLP · Accounting / audit$17,655

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$168,784 · 0.15%
2023$113,873 · 0.12%
2022$49,373 · 0.06%
Same employer
Similar plansProfessional & Technical Services · California
Anaplan, Inc. CA$124.7M · 0.16%
Anduril Industries Inc CA$123.9M · 0.03%
Degenkolb Engineers CA$123.1M · 0.11%
Mindbody, Inc. CA$122.8M · 0.21%
Nossaman LLP CA$120.0M · 0.09%
Keker, van Nest & Peters LLP CA$118.5M · 0.24%
Rubin Postaer and Associates CA$118.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943127998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.