Plan Ledger DOL Form 5500 · updated monthly

Horiba Instruments Incorporated401(k)

HORIBA INSTRUMENTS INCORPORATED 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Horiba Instruments Incorporated reported $69,386 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,619 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 fell from 0.07% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 591st-largest of 9,483 plans among California employers on file, and the 1,200th of 13,661 in manufacturing. In 2024, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$190,119,763
Participants with balances1,074
Active participants865
Employer contributions$3,130,155
Employee contributions$8,602,995
Employer contribution per active participant$3,619
Average account balance$177,020
Benefits paid to participants$23,340,079
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS, HORSFALL, MURPHY&PINDROH, LL
Plan history3
Yearassets · accounts · employer contribution
2024$190.1M · 1,074 accts · $3.1M emplr
2023$176.5M · 1,061 accts · $3.1M emplr
2022$156.3M · 1,072 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,386
Total administrative$69,386
The Horiba Instruments Incorporated 401(k) match · 2024
Employer contribution per active participant$3,619
Median for plans this size$3,635
2024$3,619 per active participant
2023$3,652 per active participant
2022$3,566 per active participant

Horiba Instruments Incorporated's 2024 employer contribution ran below 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 · 20241

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$69,386 · 0.04%
2023$145,837 · 0.09%
2022$121,879 · 0.07%
Same employer
Similar plansManufacturing · California
Clif Bar & Company CA$194.7M · 0.13%
Acer America Corporation CA$190.7M · 0.01%
Accuray Incorporated CA$185.7M · 0.08%
Synaptics, Inc. CA$183.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330820160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.