Plan Ledger DOL Form 5500 · updated monthly

Hyundai Translead401(k)

HYUNDAI TRANSLEAD EMPLOYEE SAVINGS AND RETIREMENT PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Hyundai Translead reported $52,323 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $4,096 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 0.23% to 0.16%. 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 2,288th-largest of 9,483 plans among California employers on file, and the 3,915th of 13,661 in manufacturing. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has grown from 168 to 195 since 2022.

Plan summary
Net assets, end of year$36,687,829
Participants with balances228
Active participants195
Employer contributions$798,648
Employee contributions$2,045,333
Employer contribution per active participant$4,096
Average account balance$160,912
Benefits paid to participants$2,359,663
Plan auditUnmodified (clean) audit opinion
AuditorMILLER KAPLAN
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 228 accts · $799K emplr
2023$29.9M · 219 accts · $520K emplr
2022$23.9M · 220 accts · $491K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,004
Investment management$24,319
Total administrative$52,323
The Hyundai Translead 401(k) match · 2024
Employer contribution per active participant$4,096
Median for plans this size$2,416
2024$4,096 per active participant
2023$2,924 per active participant
2022$2,921 per active participant

Hyundai Translead's 2024 employer contribution ran above the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$28,004
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$24,319
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,323 · 0.16%
2023$64,202 · 0.24%
2022$58,520 · 0.23%
Same employer
Similar plansManufacturing · California
Universal Audio Inc. CA$37.6M · 0.47%
Lithographix, Inc. CA$37.4M · 0.39%
Neolife International, LLC CA$37.1M · 0.05%
Zipline International Inc. CA$36.7M · 0.02%
Aja Video Systems, Inc. CA$36.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954248618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.