Plan Ledger DOL Form 5500 · updated monthly

Mitsubishi Motors North America, Inc.401(k)

MITSUBISHI MOTORS NORTH AMERICA, INC. 401(K) SAVINGS PLAN · FRANKLIN, TN · plan year 2025

Reported admin expense ratio · 2025
0.09%

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

Mitsubishi Motors North America, Inc. reported $252,472 in plan administrative expenses for 2025: 0.09% of average plan assets, above the peer median. Employer contributions averaged $3,584 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 4 years on file its reported administrative ratio has held roughly steady near 0.094%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other wholesale trade employers. By assets it is the 79th-largest of 1,496 plans among Tennessee employers on file, and the 180th of 4,246 in wholesale trade. In 2025, employees put in $2.45 for every $1.00 the employer contributed; active participation has grown from 279 to 308 since 2022.

Plan summary
Net assets, end of year$272,730,443
Participants with balances856
Active participants308
Employer contributions$1,103,903
Employee contributions$2,700,804
Employer contribution per active participant$3,584
Average account balance$318,610
Benefits paid to participants$35,243,823
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSENALLENLLP
Plan history4
Yearassets · accounts · employer contribution
2025$272.7M · 856 accts · $1.1M emplr
2024$265.3M · 902 accts · $2.0M emplr
2023$254.8M · 954 accts · $1.9M emplr
2022$230.9M · 988 accts · $1.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$75,948
Investment management$176,524
Total administrative$252,472
The Mitsubishi Motors North America, Inc. 401(k) match · 2025
Employer contribution per active participant$3,584
Median for plans this size$4,295
2025$3,584 per active participant
2024$6,570 per active participant
2023$6,362 per active participant
2022$5,331 per active participant

Mitsubishi Motors North America, Inc.'s 2025 employer contribution ran below the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
EMPOWER ANNUITY INSURANCE COMPANY · Loan processing · Recordkeeping$75,948
MERCER INVESTMENT CONSULTING INC · Investment advisory (plan)$92,369
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$84,155

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

Recordkeeper by year3
2025Empower
2024Empower
2023Empower

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

Administrative cost history4
2025$252,472 · 0.09%
2024$246,576 · 0.09%
2023$304,565 · 0.13%
2022$240,501 · 0.09%
Same employer
Similar plansWholesale Trade · Tennessee
Ingram Industries Inc. TN$634.1M · 0.12%
Orgill, Inc. TN$275.3M · 0.14%
Nexair, LLC TN$164.0M · 0.14%
The H.T. Hackney Co. TN$125.3M · 0.21%
Highline Warren LLC TN$80.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953673256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.