Plan Ledger DOL Form 5500 · updated monthly

Honda Logistics North America, Inc.401(k)

HONDA LOGISTICS NORTH AMERICA, INC. RETIREMENT SAVINGS PLAN · EAST LIBERTY, OH · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Honda Logistics North America, Inc. reported $183,343 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,255 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 0.15% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 454th-largest of 3,295 plans among Ohio employers on file, and the 286th of 2,677 in transportation & warehousing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$78,238,033
Participants with balances3,521
Active participants3,565
Employer contributions$4,474,015
Employee contributions$6,715,841
Employer contribution per active participant$1,255
Average account balance$22,220
Benefits paid to participants$8,105,455
Plan auditUnmodified (clean) audit opinion
AuditorHILL BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$78.2M · 3,521 accts · $4.5M emplr
2023$65.7M · 3,427 accts · $3.9M emplr
2022$52.9M · 3,753 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$183,343
Total administrative$183,343
The Honda Logistics North America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,255
Median for plans this size$3,635
2024$1,255 per active participant
2023$1,291 per active participant
2022$932 per active participant

Honda Logistics North America, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$183,343

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$183,343 · 0.25%
2023$175,738 · 0.30%
2022$86,629 · 0.15%
Same employer
Similar plansTransportation & Warehousing · Ohio
Fst Logistics, Inc. OH$113.3M · 0.00%
Triple T Transport, Inc. OH$108.9M · 0.00%
Beacon Mobility Corp. OH$89.4M · 0.45%
World Group LLC OH$75.1M · 0.14%
Parsec, Inc. OH$54.3M
World Shipping, Inc. OH$46.6M · 0.09%
Commuteair LLC OH$43.7M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 464014349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.