Plan Ledger DOL Form 5500 · updated monthly

Matsuo Industries USA, Inc.401(k)

401(K) PLAN FOR EMPLOYEES OF MATSUO INDUSTRIES USA, INC. · JEFFERSON CITY, TN · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Matsuo Industries USA, Inc. reported $20,642 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,005 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 0.33% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,105th of 1,496), and 11,433rd of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,573,668
Participants with balances121
Active participants130
Employer contributions$130,701
Employee contributions$241,493
Employer contribution per active participant$1,005
Average account balance$37,799
Benefits paid to participants$300,370
Plan auditUnmodified (clean) audit opinion
AuditorPURKEY, CARTER, COMPTON, SWANN & CA
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 121 accts · $131K emplr
2023$4.0M · 123 accts · $116K emplr
2022$3.4M · 140 accts · $139K emplr
Administrative expenses, itemized · 2024
Investment management$20,642
Total administrative$20,642
The Matsuo Industries USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,005
Median for plans this size$1,313
2024$1,005 per active participant
2023$842 per active participant
2022$1,021 per active participant

Matsuo Industries USA, Inc.'s 2024 employer contribution ran below the $1,313 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
OSAIC ADVISORY SERVICES LLC · Investment advisory (plan)$18,374

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$20,642 · 0.48%
2023$17,492 · 0.47%
2022$11,987 · 0.33%
Same employer
Similar plansManufacturing · Tennessee
Chairmans Foods, LLC TN$4.8M · 0.44%
Langston Companies, Inc. TN$4.7M · 1.01%
The Wise Company, LLC TN$4.5M · 0.98%
Orhan North America, Inc. TN$4.4M · 0.13%
Zanini Tennessee, Inc. TN$4.4M · 0.13%
Signresource, LLC TN$4.3M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561874927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.