Plan Ledger DOL Form 5500 · updated monthly

Misumi USA, Inc.401(k)

MISUMI USA, INC. 401(K) SAVINGS PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Misumi USA, Inc. reported $68,520 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,435 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 0.24% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,322nd-largest of 3,702 plans among Illinois employers on file, and the 1,371st of 4,246 in wholesale trade. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has grown from 293 to 367 since 2022.

Plan summary
Net assets, end of year$29,775,132
Participants with balances299
Active participants367
Employer contributions$893,507
Employee contributions$2,298,547
Employer contribution per active participant$2,435
Average account balance$99,582
Benefits paid to participants$1,722,652
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.8M · 299 accts · $894K emplr
2023$24.7M · 287 accts · $830K emplr
2022$19.0M · 259 accts · $747K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,099
Investment management$52,421
Total administrative$68,520
The Misumi USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,435
Median for plans this size$2,416
2024$2,435 per active participant
2023$2,738 per active participant
2022$2,551 per active participant

Misumi USA, Inc.'s 2024 employer contribution ran above 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 · 20242
LPL FINANCIAL LLC · Investment advisory (plan)$52,421
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,099

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$68,520 · 0.25%
2023$47,991 · 0.22%
2022$46,706 · 0.24%
Same employer
Similar plansWholesale Trade · Illinois
Dsi Holding USA Inc. IL$31.9M · 0.39%
Envoy Solutions, LLC IL$31.4M · 0.30%
Marshall Associates, Inc. IL$30.7M · 0.19%
Dfs Holding Company, LLC IL$29.8M · 0.61%
Koerner Distributor, Inc. IL$28.3M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363562952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.