Plan Ledger DOL Form 5500 · updated monthly

Kaneka North America, LLC401(k)

KANEKA 401(K) PLAN · PASADENA, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Kaneka North America, LLC reported $177,213 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $10,041 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 0.16%. 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 582nd-largest of 5,688 plans among Texas employers on file, and the 1,725th of 13,661 in manufacturing. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$114,190,109
Participants with balances586
Active participants453
Employer contributions$4,548,557
Employee contributions$5,690,157
Employer contribution per active participant$10,041
Average account balance$194,864
Benefits paid to participants$23,920,422
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$114.2M · 586 accts · $4.5M emplr
2023$114.0M · 638 accts · $4.2M emplr
2022$101.1M · 571 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$177,213
Total administrative$177,213
The Kaneka North America, LLC 401(k) match · 2024
Employer contribution per active participant$10,041
Median for plans this size$3,635
2024$10,041 per active participant
2023$9,358 per active participant
2022$8,833 per active participant

Kaneka North America, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$82,711
CROWE LLP · Accounting / audit$21,000

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$177,213 · 0.16%
2023$191,924 · 0.18%
2022$169,877 · 0.15%
Same employer
Similar plansManufacturing · Texas
Globitech, Incorporated TX$121.2M · 0.09%
Ruiz Food Products Dcp TX$120.7M · 0.40%
Deer Park Refining, LP TX$118.2M · 0.05%
Houston Refining LP TX$110.1M · 0.07%
Bray International, Inc. TX$109.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454567068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.