Plan Ledger DOL Form 5500 · updated monthly

Kddi America, Inc.401(k)

KDDI GROUP 401(K) PLAN · STATEN ISLAND, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Kddi America, Inc. reported $122,716 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,631 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 0.41% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,731st-largest of 5,648 plans among New York employers on file, and the 683rd of 2,199 in information & media. In 2024, employees put in $3.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,144,806
Participants with balances339
Active participants216
Employer contributions$568,260
Employee contributions$1,891,420
Employer contribution per active participant$2,631
Average account balance$106,622
Benefits paid to participants$1,670,006
Plan auditUnmodified (clean) audit opinion
AuditorBORIS BENIC & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$36.1M · 339 accts · $568K emplr
2023$31.0M · 341 accts · $582K emplr
2022$25.6M · 335 accts · $494K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,720
Investment management$116,996
Total administrative$122,716
The Kddi America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,631
Median for plans this size$2,416
2024$2,631 per active participant
2023$2,620 per active participant
2022$2,110 per active participant

Kddi America, Inc.'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 · 20242
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$116,996
ADP, INC. · Loan processing · Recordkeeping$5,719

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$122,716 · 0.37%
2023$98,530 · 0.35%
2022$113,700 · 0.41%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 133522662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.