Plan Ledger DOL Form 5500 · updated monthly

Murakami Manufacturing USA Inc.401(k)

MM USA 401(K) PLAN · CAMPBELLSVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Murakami Manufacturing USA Inc. reported $76,216 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,603 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 0.25% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (483rd of 871), and 8,955th of 13,661 in manufacturing. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 262 to 322 since 2022.

Plan summary
Net assets, end of year$9,667,866
Participants with balances356
Active participants322
Employer contributions$516,191
Employee contributions$733,673
Employer contribution per active participant$1,603
Average account balance$27,157
Benefits paid to participants$948,308
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 356 accts · $516K emplr
2023$8.5M · 297 accts · $488K emplr
2022$7.2M · 253 accts · $408K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,216
Total administrative$76,216
The Murakami Manufacturing USA Inc. 401(k) match · 2024
Employer contribution per active participant$1,603
Median for plans this size$1,313
2024$1,603 per active participant
2023$1,684 per active participant
2022$1,557 per active participant

Murakami Manufacturing USA Inc.'s 2024 employer contribution ran above the $1,313 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
LINCOLN NATIONAL CORPORATION · Contract administrator · Recordkeeping$69,046
MCGREGOR & ASSOCIATES, INC. · Recordkeeping · Loan processing$7,170

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

Recordkeeper by year2
2024Lincoln Financial, MCGREGOR & ASSOCIATES, INC.
2023Lincoln Financial, MCGREGOR & ASSOCIATES, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Murakami Manufacturing USA Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,216 · 0.84%
2023$36,801 · 0.47%
2022$18,424 · 0.25%
Same employer
Similar plansManufacturing · Kentucky
Lohmann Corporation, U.S. KY$9.9M · 0.02%
Fischer Industries, LLC KY$9.8M · 0.62%
Fischbach USA, Inc. KY$9.7M · 0.53%
Hillerich & Bradsby Co. KY$9.6M · 0.40%
Qualex Manufacturing KY$9.5M · 0.17%
Decoart, LLC KY$9.4M · 0.02%
Grindmaster Corporation KY$9.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611373925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.