Plan Ledger DOL Form 5500 · updated monthly

Nagase Holdings America Corporation401(k)

NAGASE RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Nagase Holdings America Corporation reported $96,493 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,416 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 0.233%. 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 1,558th-largest of 5,648 plans among New York employers on file, and the 3,589th of 13,661 in manufacturing. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has shrunk from 294 to 216 since 2022.

Plan summary
Net assets, end of year$41,584,523
Participants with balances287
Active participants216
Employer contributions$953,793
Employee contributions$2,252,394
Employer contribution per active participant$4,416
Average account balance$144,894
Benefits paid to participants$4,760,953
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 287 accts · $954K emplr
2023$41.1M · 319 accts · $1.1M emplr
2022$36.1M · 292 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,493
Total administrative$96,493
The Nagase Holdings America Corporation 401(k) match · 2024
Employer contribution per active participant$4,416
Median for plans this size$2,416
2024$4,416 per active participant
2023$4,260 per active participant
2022$3,458 per active participant

Nagase Holdings America Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$96,493
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$96,493 · 0.23%
2023$93,236 · 0.24%
2022$86,215 · 0.23%
Same employer
Similar plansManufacturing · New York
Teijin Holdings USA (Thus) NY$43.1M · 0.03%
Jacques Moret, Inc. NY$42.8M · 0.29%
Sumitovant Biopharma, Inc. NY$42.6M · 0.13%
Atalys LLC NY$39.9M · 0.31%
Rosina Food Products, Inc. NY$39.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833976419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.