Plan Ledger DOL Form 5500 · updated monthly

Mayekawa USA, Inc.401(k)

MAYEKAWA USA, INC. 401(K) SAVINGS PLAN · KATY, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Mayekawa USA, Inc. reported $66,780 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,954 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 0.64% to 0.46%. 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 2,400th-largest of 5,688 plans among Texas employers on file, and 7,013th of 13,661 in manufacturing. In 2024, employees put in $3.41 for every $1.00 the employer contributed; active participation has grown from 125 to 161 since 2022.

Plan summary
Net assets, end of year$15,281,253
Participants with balances215
Active participants161
Employer contributions$314,581
Employee contributions$1,071,503
Employer contribution per active participant$1,954
Average account balance$71,076
Benefits paid to participants$1,428,865
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 215 accts · $315K emplr
2023$13.6M · 203 accts · $364K emplr
2022$11.9M · 196 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,128
Investment management$53,652
Total administrative$66,780
The Mayekawa USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,954
Median for plans this size$2,416
2024$1,954 per active participant
2023$2,479 per active participant
2022$2,756 per active participant

Mayekawa USA, 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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$53,652
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$13,128

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$66,780 · 0.46%
2023$85,849 · 0.67%
2022$83,775 · 0.64%
Same employer
Similar plansManufacturing · Texas
Vault Pressure Control, LLC TX$15.5M · 1.04%
Farouk Systems Inc. TX$15.4M · 0.32%
Flowco Productions LLC TX$15.4M · 0.46%
Proserv Operations, LLC TX$15.3M · 0.69%
Bexar Concrete Works I, LTD TX$15.2M · 0.01%
Micropac Industries Inc. TX$15.1M · 0.44%
Allied Management Inc. TX$15.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202507782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.