Plan Ledger DOL Form 5500 · updated monthly

Itochu International Inc.401(k)

ITOCHU INTERNATIONAL INC. 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Itochu International Inc. reported $399,845 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,998 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 3 years on file its reported administrative ratio has held roughly steady near 0.236%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 523rd-largest of 5,648 plans among New York employers on file, and the 265th of 4,246 in wholesale trade. In 2024, employees put in $3.59 for every $1.00 the employer contributed; active participation has shrunk from 734 to 390 since 2022.

Plan summary
Net assets, end of year$175,826,635
Participants with balances677
Active participants390
Employer contributions$1,559,063
Employee contributions$5,601,688
Employer contribution per active participant$3,998
Average account balance$259,714
Benefits paid to participants$20,967,121
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$175.8M · 677 accts · $1.6M emplr
2023$163.5M · 699 accts · $1.5M emplr
2022$147.6M · 877 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$285,304
Investment management$52,806
Audit (IQPA)$61,735
Total administrative$399,845
The Itochu International Inc. 401(k) match · 2024
Employer contribution per active participant$3,998
Median for plans this size$3,635
2024$3,998 per active participant
2023$3,541 per active participant
2022$2,140 per active participant

Itochu International Inc.'s 2024 employer contribution ran above 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$285,304
FORVIS MAZARS, LLP · Accounting / audit$61,735
MMA SECURITIES LLC · Investment advisory (plan)$52,806

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$399,845 · 0.24%
2023$380,831 · 0.24%
2022$414,144 · 0.24%
All plans at this employer2
ITOCHU INTERNATIONAL INC. 401(K) SAVINGS PLAN401(k)
ITOCHU INTERNATIONAL INC. EMPLOYER CONTRIBUTION PLANProfit-sharing plan
Same employer
Similar plansWholesale Trade · New York
G III Apparel Group NY$191.7M · 0.08%
Mitsui & Co. (U.S.A.), Inc. NY$187.1M · 0.04%
Centric Brands Holding LLC NY$180.9M · 0.06%
Festo Corporation NY$171.1M · 0.06%
Nikon Inc. NY$134.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131850807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.