Plan Ledger DOL Form 5500 · updated monthly

Mitsubishi Cement Corporation401(k)

MITSUBISHI CEMENT CORPORATION CAPITAL ACCUMULATION PLAN FOR HOURLY EMPLOYEES · HENDERSON, NV · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Mitsubishi Cement Corporation reported $18,726 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $3,314 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 0.22% to 0.17%. 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 180th-largest of 437 plans among Nevada employers on file, and 8,083rd of 13,661 in manufacturing. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 119 to 145 since 2022.

Plan summary
Net assets, end of year$11,807,911
Participants with balances156
Active participants145
Employer contributions$480,561
Employee contributions$702,152
Employer contribution per active participant$3,314
Average account balance$75,692
Benefits paid to participants$730,204
Plan auditUnmodified (clean) audit opinion
AuditorVELEZ & HARDY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 156 accts · $481K emplr
2023$10.4M · 154 accts · $433K emplr
2022$8.7M · 145 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,726
Total administrative$18,726
The Mitsubishi Cement Corporation 401(k) match · 2024
Employer contribution per active participant$3,314
Median for plans this size$2,416
2024$3,314 per active participant
2023$3,522 per active participant
2022$3,557 per active participant

Mitsubishi Cement Corporation'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 · 20241

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$18,726 · 0.17%
2023$18,864 · 0.20%
2022$20,248 · 0.22%
Same employer
Similar plansManufacturing · Nevada
May Manufacturing, LLC NV$27.5M · 0.24%
Bently Enterprises, LLC NV$26.4M · 0.01%
Duraflame, Inc. NV$19.5M · 0.27%
Pli Holdings, Inc. NV$14.3M · 1.02%
H&T Nevada, LLC NV$10.3M · 0.68%
Armand Agra, Inc. NV$10.1M · 0.04%
C.G.I., Inc. NV$10.1M · 0.62%
Nitrex, Inc. NV$8.9M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330278414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.