Plan Ledger DOL Form 5500 · updated monthly

Nikon Inc.401(k)

NIKON INC. EMPLOYEES' SAVINGS AND INVESTMENT PLAN · MELVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Nikon Inc. reported $63,906 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,623 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 0.01% to 0.05%. 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 633rd-largest of 5,648 plans among New York employers on file, and the 328th of 4,246 in wholesale trade. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 271 to 382 since 2022.

Plan summary
Net assets, end of year$134,935,935
Participants with balances452
Active participants382
Employer contributions$2,147,905
Employee contributions$4,420,333
Employer contribution per active participant$5,623
Average account balance$298,531
Benefits paid to participants$7,823,144
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS, GINI & O'CONNELL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$134.9M · 452 accts · $2.1M emplr
2023$113.6M · 412 accts · $2.1M emplr
2022$92.6M · 379 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,865
Investment management$13,041
Total administrative$63,906
The Nikon Inc. 401(k) match · 2024
Employer contribution per active participant$5,623
Median for plans this size$3,635
2024$5,623 per active participant
2023$6,470 per active participant
2022$6,515 per active participant

Nikon Inc.'s 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,168
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,041

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$63,906 · 0.05%
2023$31,784 · 0.03%
2022$7,671 · 0.01%
Same employer
Similar plansWholesale Trade · New York
Itochu International Inc. NY$175.8M · 0.24%
Festo Corporation NY$171.1M · 0.06%
Steven Madden LTD. NY$125.0M · 0.20%
Fast Retailing USA, Inc NY$115.5M · 0.26%
Ivoclar Vivadent, Inc. NY$114.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131934735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.