Plan Ledger DOL Form 5500 · updated monthly

Hoshino (USA), Inc.401(k)

HOSHINO (USA), INC. RETIREMENT PLAN · BENSALEM, PA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Hoshino (USA), Inc. reported $27,962 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,215 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 0.02% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,247th of 3,651), and 8,598th of 13,661 in manufacturing. In 2024, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,411,560
Participants with balances103
Active participants93
Employer contributions$113,003
Employee contributions$318,869
Employer contribution per active participant$1,215
Average account balance$101,083
Benefits paid to participants$383,030
Plan auditUnmodified (clean) audit opinion
AuditorANTHONY M. PONTARELLI, CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 103 accts · $113K emplr
2023$9.2M · 110 accts · $110K emplr
2022$7.7M · 104 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,610
Investment management$14,352
Total administrative$27,962
The Hoshino (USA), Inc. 401(k) match · 2024
Employer contribution per active participant$1,215
Median for plans this size$1,313
2024$1,215 per active participant
2023$1,198 per active participant
2022$1,150 per active participant

Hoshino (USA), Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
M HOLDINGS SECURITIES INC · Investment advisory (plan)$14,352
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,610

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$27,962 · 0.29%
2023$2,131 · 0.03%
2022$1,963 · 0.02%
Similar plansManufacturing · Pennsylvania
Crescent Industries, Inc. PA$10.5M · 0.66%
F.C. Young and Co., Inc. PA$10.4M · 0.62%
Noah W Kreider & Sons PA$10.4M · 0.66%
Keystone Technologies, LLC PA$10.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231646753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.