Plan Ledger DOL Form 5500 · updated monthly

Kyocera Sgs Precision Tools, Inc.401(k)

KYOCERA SGS PRECISION TOOLS 401(K) PROFIT SHARING PLAN · CUYAHOGA, OH · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Kyocera Sgs Precision Tools, Inc. reported $65,155 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,070 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 0.19% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 752nd-largest of 3,295 plans among Ohio employers on file, and the 3,586th of 13,661 in manufacturing. In 2024, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,644,344
Participants with balances408
Active participants335
Employer contributions$693,447
Employee contributions$2,555,322
Employer contribution per active participant$2,070
Average account balance$102,069
Benefits paid to participants$5,804,083
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 408 accts · $693K emplr
2023$39.5M · 444 accts · $728K emplr
2022$36.8M · 437 accts · $696K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,155
Total administrative$65,155
The Kyocera Sgs Precision Tools, Inc. 401(k) match · 2024
Employer contribution per active participant$2,070
Median for plans this size$2,416
2024$2,070 per active participant
2023$1,985 per active participant
2022$1,918 per active participant

Kyocera Sgs Precision Tools, Inc.'s 2024 employer contribution ran below 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,144

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$65,155 · 0.16%
2023$67,012 · 0.18%
2022$74,573 · 0.19%
Same employer
Similar plansManufacturing · Ohio
Race Winning Brands, Inc. OH$42.9M · 0.48%
Jefferson Industries Corp. OH$42.5M · 0.02%
Smithers-Oasis Company OH$42.1M · 0.09%
Norman Noble, Inc. OH$42.0M · 0.31%
Rocky Brands, Inc. OH$40.9M · 0.21%
Rudolph Foods Company, Inc. OH$40.8M · 0.44%
Storopack, Inc. OH$39.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341437898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.