Plan Ledger DOL Form 5500 · updated monthly

Ito En North America Inc.401(k)

ITO EN US GROUP RETIREMENT PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Ito En North America Inc. reported $129,131 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,823 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 0.51% to 0.56%. 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 1,764th-largest of 5,688 plans among Texas employers on file, and the 5,196th of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,521,921
Participants with balances306
Active participants410
Employer contributions$747,450
Employee contributions$1,485,719
Employer contribution per active participant$1,823
Average account balance$80,137
Benefits paid to participants$2,464,316
Plan auditUnmodified (clean) audit opinion
AuditorAGUIAR CABRERA MACEO & CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.5M · 306 accts · $747K emplr
2023$22.0M · 318 accts · $647K emplr
2022$18.5M · 320 accts · $603K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,131
Total administrative$129,131
The Ito En North America Inc. 401(k) match · 2024
Employer contribution per active participant$1,823
Median for plans this size$2,416
2024$1,823 per active participant
2023$1,529 per active participant
2022$1,390 per active participant

Ito En North America Inc.'s 2024 employer contribution ran below 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$96,641
THE BENEFIT PRACTICE · Recordkeeping · Loan processing$14,340
AGUIAR CABRERA MACEO & CO LLP · Accounting / audit$18,150

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

Recordkeeper by year2
2024THE BENEFIT PRACTICE, Transamerica
2023THE BENEFIT PRACTICE, Transamerica

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

Administrative cost history3
2024$129,131 · 0.56%
2023$105,404 · 0.52%
2022$104,174 · 0.51%
Similar plansManufacturing · Texas
Indorama Ventures TX$24.9M · 0.12%
Koenig & Bauerus Inc. TX$24.5M · 0.23%
Ingram Readymix, Inc. TX$24.5M · 0.55%
Equistar Chemicals, LP TX$24.1M · 0.05%
American Alloy Steel, Inc. TX$23.5M · 0.34%
Firefly Aerospace Inc. TX$23.5M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134172006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.