Plan Ledger DOL Form 5500 · updated monthly

Nihon Kohden America, Inc401(k)

NIHON KOHDEN AMERICA 401(K) RETIREMENT PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Nihon Kohden America, Inc reported $161,985 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $3,255 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 0.31% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,212th-largest of 9,483 plans among California employers on file, and the 524th of 4,246 in wholesale trade. In 2024, employees put in $3.23 for every $1.00 the employer contributed; active participation has grown from 536 to 644 since 2022.

Plan summary
Net assets, end of year$78,513,349
Participants with balances755
Active participants644
Employer contributions$2,096,506
Employee contributions$6,761,730
Employer contribution per active participant$3,255
Average account balance$103,991
Benefits paid to participants$6,868,374
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$78.5M · 755 accts · $2.1M emplr
2023$64.5M · 709 accts · $1.8M emplr
2022$51.7M · 657 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,978
Total administrative$161,985
The Nihon Kohden America, Inc 401(k) match · 2024
Employer contribution per active participant$3,255
Median for plans this size$3,635
2024$3,255 per active participant
2023$3,012 per active participant
2022$3,063 per active participant

Nihon Kohden America, 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 · 20242
AON HEWITT INVESTMENT CONSULTING · Consulting$81,007
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$80,978

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$161,985 · 0.23%
2023$99,582 · 0.17%
2022$170,405 · 0.31%
Same employer
Similar plansWholesale Trade · California
Golden State Lumber, Inc. CA$87.4M · 0.14%
Wismettac Asian Foods, Inc. CA$83.5M · 0.13%
Process Distribution Group CA$82.0M · 0.01%
Rippling CA$76.6M · 0.11%
Keeco, LLC CA$76.3M · 0.33%
Dpi Specialty Foods, Inc. CA$74.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953431506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.