Plan Ledger DOL Form 5500 · updated monthly

Hitachi Zosen USA, LTD.401(k)

HITACHI ZOSEN GROUP 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Hitachi Zosen USA, LTD. reported $116,153 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $5,921 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 0.19% to 0.24%. 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 the 1,043rd-largest of 5,688 plans among Texas employers on file, and the 3,114th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 176 to 209 since 2022.

Plan summary
Net assets, end of year$50,763,647
Participants with balances234
Active participants209
Employer contributions$1,237,510
Employee contributions$2,280,105
Employer contribution per active participant$5,921
Average account balance$216,939
Benefits paid to participants$5,352,198
Plan auditUnmodified (clean) audit opinion
AuditorCDH CPA,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$50.8M · 234 accts · $1.2M emplr
2023$44.4M · 223 accts · $1.1M emplr
2022$38.5M · 207 accts · $893K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,153
Total administrative$116,153
The Hitachi Zosen USA, LTD. 401(k) match · 2024
Employer contribution per active participant$5,921
Median for plans this size$2,416
2024$5,921 per active participant
2023$5,578 per active participant
2022$5,076 per active participant

Hitachi Zosen USA, LTD.'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 · 20245
THE BENEFIT PRACTICE$19,729
CDH PC · Accounting / audit$13,200
MORGAN STANLEY · Investment advisory (plan)$9,369
EMPOWER ADVISORY GROUP, LLC · Investment management$6,406

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$116,153 · 0.24%
2023$13,418 · 0.03%
2022$78,260 · 0.19%
Similar plansManufacturing · Texas
Rigaku Americas Corporation TX$53.3M · 0.02%
Sekisui America Corporation TX$53.2M · 0.25%
Total Safety U.S., Inc. TX$53.0M · 0.39%
Rex-Hide Industries, Inc. TX$51.7M · 0.02%
Alamo Cement Company TX$50.7M · 0.19%
Mueller Inc TX$50.0M · 0.23%
Fagron Holding USA LLC TX$49.9M · 0.61%
Relevant Solutions LLC TX$49.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753012256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.