Plan Ledger DOL Form 5500 · updated monthly

Mitsukoshi U.S.A., Inc.401(k)

MITSUKOSHI U. S. A. , INC. 401(K) PROFIT SHARING PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Mitsukoshi U.S.A., Inc. reported $550 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $365 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 0.02% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (2,078th of 3,644), and the 698th of 2,240 in accommodation & food services. In 2024, employees put in $7.98 for every $1.00 the employer contributed; active participation has shrunk from 139 to 113 since 2022.

Plan summary
Net assets, end of year$7,555,323
Participants with balances174
Active participants113
Employer contributions$41,209
Employee contributions$328,898
Employer contribution per active participant$365
Average account balance$43,421
Benefits paid to participants$252,470
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 174 accts · $41K emplr
2023$6.7M · 172 accts · $41K emplr
2022$6.1M · 173 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$400
Total administrative$550
The Mitsukoshi U.S.A., Inc. 401(k) match · 2024
Employer contribution per active participant$365
Median for plans this size$1,313
2024$365 per active participant
2023$369 per active participant
2022$1,730 per active participant

Mitsukoshi U.S.A., Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241
MORGAN STANLEY SMITH BARNEY LLCindirect comp

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$550 · 0.01%
2023$900 · 0.01%
2022$1,500 · 0.02%
Same employer
Similar plansAccommodation & Food Services · Florida
Port Royal Club, Inc. FL$8.4M · 0.03%
Areas USA, Inc. FL$8.1M · 1.63%
Venice Pier Group, Inc. FL$7.1M · 0.17%
Lago Mar Properties, Inc. FL$6.8M · 0.36%
Royals, Inc. FL$6.8M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990175285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.