Plan Ledger DOL Form 5500 · updated monthly

Mizuho Orthopedic Systems, Inc401(k)

MIZUHO OSI 401(K) SAVINGS PLAN · UNION CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Mizuho Orthopedic Systems, Inc reported $22,084 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,092 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 3 years on file its reported administrative ratio has held roughly steady near 0.030%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,216th-largest of 9,483 plans among California employers on file, and the 2,276th of 13,661 in manufacturing. In 2024, employees put in $3.80 for every $1.00 the employer contributed; active participation has grown from 459 to 509 since 2022.

Plan summary
Net assets, end of year$78,031,687
Participants with balances600
Active participants509
Employer contributions$1,573,667
Employee contributions$5,984,415
Employer contribution per active participant$3,092
Average account balance$130,053
Benefits paid to participants$7,059,577
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$78.0M · 600 accts · $1.6M emplr
2023$67.9M · 564 accts · $1.5M emplr
2022$55.9M · 546 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,445
Investment management$3,639
Total administrative$22,084
The Mizuho Orthopedic Systems, Inc 401(k) match · 2024
Employer contribution per active participant$3,092
Median for plans this size$3,635
2024$3,092 per active participant
2023$3,113 per active participant
2022$2,969 per active participant

Mizuho Orthopedic Systems, Inc's 2024 employer contribution ran below the $3,635 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
EMPOWER ADVISORY GROUP, LLC · Investment management$3,639
WELLS FARGO WEALTH BROKERAGE INS AGindirect 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$22,084 · 0.03%
2023$18,976 · 0.03%
2022$18,051 · 0.03%
Same employer
Similar plansManufacturing · California
Duckhorn Wine Company CA$82.5M · 0.24%
Stellant Systems, Inc. CA$77.8M · 0.31%
Sunrise Medical (US) LLC CA$77.5M · 0.29%
Enphase Energy, Inc. CA$76.6M · 0.13%
Garratt-Callahan Company CA$76.5M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942405390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.