Plan Ledger DOL Form 5500 · updated monthly

Kasai North America, Inc.401(k)

KASAI NORTH AMERICA, INC. 401(K) PLAN · MURFREESBORO, TN · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Kasai North America, Inc. reported $420,439 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $330 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 0.64% to 0.79%. 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 264th-largest of 1,496 plans among Tennessee employers on file, and the 2,911th of 13,661 in manufacturing. In 2024, employees put in $6.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,678,579
Participants with balances2,402
Active participants2,339
Employer contributions$772,044
Employee contributions$4,898,438
Employer contribution per active participant$330
Average account balance$23,180
Benefits paid to participants$6,881,002
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.7M · 2,402 accts · $772K emplr
2023$50.7M · 2,120 accts · $661K emplr
2022$44.4M · 2,331 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$420,439
Total administrative$420,439
The Kasai North America, Inc. 401(k) match · 2024
Employer contribution per active participant$330
Median for plans this size$3,635
2024$330 per active participant
2023$308 per active participant
2022$73 per active participant

Kasai North America, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$120,916
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$106,964
ARES RETIREMENT PLAN SERVICES LLC · Contract administrator$69,782

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$420,439 · 0.79%
2023$265,800 · 0.56%
2022$306,886 · 0.64%
Same employer
Similar plansManufacturing · Tennessee
Microport Orthopedics Inc. TN$66.6M · 0.18%
Bush Brothers & Company TN$66.3M · 0.23%
Nuclear Fuel Services, Inc. TN$65.5M · 0.06%
Miller Industries, Inc. TN$63.1M · 0.37%
Southern Champion Tray, L P TN$55.4M · 0.40%
Steel Connect, Inc. TN$54.3M · 0.02%
Gibson Brands, Inc. TN$53.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621292160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.