Plan Ledger DOL Form 5500 · updated monthly

Matsushita International Corporation401(k)

MATSUSHITA INTL CORP AND ITS SUBSIDIARIES/AFFILIATES 401K PLAN · SAN CLEMENTE, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Matsushita International Corporation reported $33,218 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $2,817 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 0.50% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (5,985th of 9,483), and 1,250th of 2,096 in real estate & leasing. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has shrunk from 96 to 61 since 2022.

Plan summary
Net assets, end of year$8,075,519
Participants with balances98
Active participants61
Employer contributions$171,847
Employee contributions$570,975
Employer contribution per active participant$2,817
Average account balance$82,403
Benefits paid to participants$1,481,454
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 98 accts · $172K emplr
2023$7.6M · 105 accts · $188K emplr
2022$7.1M · 125 accts · $195K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,634
Investment management$19,584
Total administrative$33,218
The Matsushita International Corporation 401(k) match · 2024
Employer contribution per active participant$2,817
Median for plans this size$1,313
2024$2,817 per active participant
2023$2,758 per active participant
2022$2,027 per active participant

Matsushita International Corporation's 2024 employer contribution ran above the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$13,635
GLOBAL RETIREMENT PARTNERS LLC · Consulting · Investment advisory (plan)$19,584

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,218 · 0.42%
2023$25,515 · 0.35%
2022$42,494 · 0.50%
Similar plansReal Estate & Leasing · California
Amusement Industry, Inc. CA$8.2M · 0.79%
Baco Realty Corporation CA$8.0M · 3.69%
Ray Stone Incorporated CA$8.0M · 0.22%
Ballast Investments, LLC CA$7.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954268769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.