Plan Ledger DOL Form 5500 · updated monthly

Nissha USA, Inc.401(k)

NISSHA AMERICAS 401(K) PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Nissha USA, Inc. reported $38,624 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,181 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 0.08% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 817th-largest of 5,648 plans among New York employers on file, and the 1,958th of 13,661 in manufacturing. In 2024, employees put in $3.80 for every $1.00 the employer contributed; active participation has grown from 1,039 to 1,341 since 2022.

Plan summary
Net assets, end of year$97,038,095
Participants with balances1,512
Active participants1,341
Employer contributions$1,583,828
Employee contributions$6,020,592
Employer contribution per active participant$1,181
Average account balance$64,179
Benefits paid to participants$8,548,764
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.0M · 1,512 accts · $1.6M emplr
2023$78.8M · 1,291 accts · $1.6M emplr
2022$69.9M · 1,324 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Investment management$39,599
Total administrative$38,624
The Nissha USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,181
Median for plans this size$3,635
2024$1,181 per active participant
2023$1,653 per active participant
2022$1,519 per active participant

Nissha USA, 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$39,599
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$38,624 · 0.04%
2023$39,737 · 0.05%
2022$61,671 · 0.08%
Same employer
Similar plansManufacturing · New York
Howden USA NY$101.0M · 0.12%
Sugar Foods Corp. NY$100.3M · 0.05%
Graham Corporation NY$97.7M · 0.21%
Protective Industries, Inc. NY$97.6M · 0.17%
Derrick Corporation NY$95.6M · 0.12%
Curtis Instruments, Inc. NY$92.4M · 0.23%
Alm Global, LLC NY$90.9M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943170382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.