Plan Ledger DOL Form 5500 · updated monthly

Nippon Shokubai America Industries, Inc.401(k)

NIPPON SHOKUBAI AMERICA INDUSTRIES, INC. RETIREMENT AND 401(K) SAVINGS PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Nippon Shokubai America Industries, Inc. reported $104,260 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,023 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 0.71%. 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 632nd-largest of 1,496 plans among Tennessee employers on file, and the 6,709th of 13,661 in manufacturing. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 104 to 134 since 2022.

Plan summary
Net assets, end of year$16,375,659
Participants with balances117
Active participants134
Employer contributions$539,044
Employee contributions$1,049,893
Employer contribution per active participant$4,023
Average account balance$139,963
Benefits paid to participants$773,112
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 117 accts · $539K emplr
2023$12.9M · 113 accts · $506K emplr
2022$10.1M · 106 accts · $527K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,260
Total administrative$104,260
The Nippon Shokubai America Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$4,023
Median for plans this size$2,416
2024$4,023 per active participant
2023$4,184 per active participant
2022$5,071 per active participant

Nippon Shokubai America Industries, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$57,831
ERISA SERVICES, INC. · Recordkeeping · Loan processing$3,002
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$43,635

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

Recordkeeper by year2
2024ERISA SERVICES, INC., Transamerica
2023ERISA SERVICES, INC., Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$104,260 · 0.71%
2023$78,785 · 0.68%
2022$73,822 · 0.69%
Same employer
Similar plansManufacturing · Tennessee
Neotiss, Inc. TN$17.7M · 0.00%
Mueller Streamline Company TN$17.7M · 0.27%
Viam Manufacturing, Inc. TN$17.0M · 0.47%
Schmiede Corporation TN$16.6M · 0.00%
Sanderson Pipe Corporation TN$16.2M · 0.65%
Aqua-Chem, Inc. TN$16.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510306007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.