Plan Ledger DOL Form 5500 · updated monthly

Nippon Express U.S.A, Inc401(k)

NIPPON EXPRESS U.S.A., INC. GROUP 401(K) PLAN · WOOD DALE, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Nippon Express U.S.A, Inc reported $251,755 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $1,136 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 0.19% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 416th-largest of 3,702 plans among Illinois employers on file, and the 183rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$146,027,110
Participants with balances2,560
Active participants2,039
Employer contributions$2,316,810
Employee contributions$6,674,821
Employer contribution per active participant$1,136
Average account balance$57,042
Benefits paid to participants$13,655,828
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$146.0M · 2,560 accts · $2.3M emplr
2023$134.1M · 2,510 accts · $2.2M emplr
2022$117.9M · 2,438 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$251,755
Total administrative$251,755
The Nippon Express U.S.A, Inc 401(k) match · 2024
Employer contribution per active participant$1,136
Median for plans this size$3,635
2024$1,136 per active participant
2023$1,085 per active participant
2022$964 per active participant

Nippon Express U.S.A, Inc's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$251,755
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$251,755 · 0.18%
2023$213,863 · 0.17%
2022$230,267 · 0.19%
Same employer
Similar plansTransportation & Warehousing · Illinois
Hub Group, Inc. IL$303.3M · 0.16%
Echo Global Logistics, Inc. IL$199.3M · 0.24%
Transdev North America, Inc. IL$160.1M · 0.21%
Durham School Services, L.P. IL$129.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131971441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.