Plan Ledger DOL Form 5500 · updated monthly

Kioxia America Inc.401(k)

KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Kioxia America Inc. reported $158,557 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $8,110 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 0.17% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 875th-largest of 9,483 plans among California employers on file, and the 326th of 5,215 in retail trade. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has shrunk from 406 to 270 since 2022.

Plan summary
Net assets, end of year$118,225,332
Participants with balances463
Active participants270
Employer contributions$2,189,569
Employee contributions$5,273,544
Employer contribution per active participant$8,110
Average account balance$255,346
Benefits paid to participants$13,477,730
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$118.2M · 463 accts · $2.2M emplr
2023$108.3M · 535 accts · $2.5M emplr
2022$92.7M · 552 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,015
Investment management$63,211
Total administrative$158,557
The Kioxia America Inc. 401(k) match · 2024
Employer contribution per active participant$8,110
Median for plans this size$3,635
2024$8,110 per active participant
2023$7,232 per active participant
2022$7,625 per active participant

Kioxia America Inc.'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 · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$29,164
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$63,211

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$158,557 · 0.14%
2023$206,499 · 0.21%
2022$167,507 · 0.17%
Same employer
Similar plansRetail Trade · California
Grocery Outlet Inc. CA$130.5M · 0.17%
Peet's Coffee & Tea, LLC CA$130.3M · 0.14%
Nugget Market, Inc. CA$126.0M · 0.25%
Beachbody, LLC CA$114.2M · 0.15%
Iherb, LLC CA$110.4M · 0.08%
Hankey Investment Company LP CA$108.4M · 0.21%
Stater Bros. Markets CA$107.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821740579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.