Plan Ledger DOL Form 5500 · updated monthly

Nissin Foods (U.S.A.) Company, Inc.401(k)

NISSIN FOODS (U.S.A.) CO., INC. RETIREMENT AND SAVINGS PLAN & TRUST · GARDENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Nissin Foods (U.S.A.) Company, Inc. reported $92,645 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,204 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 0.32% to 0.28%. 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 2,368th-largest of 9,483 plans among California employers on file, and the 4,017th of 13,661 in manufacturing. In 2024, employees put in $3.45 for every $1.00 the employer contributed; active participation has grown from 551 to 721 since 2022.

Plan summary
Net assets, end of year$35,226,024
Participants with balances793
Active participants721
Employer contributions$867,844
Employee contributions$2,997,819
Employer contribution per active participant$1,204
Average account balance$44,421
Benefits paid to participants$4,565,371
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L. BUCK
Plan history3
Yearassets · accounts · employer contribution
2024$35.2M · 793 accts · $868K emplr
2023$31.1M · 825 accts · $852K emplr
2022$24.8M · 668 accts · $733K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,645
Total administrative$92,645
The Nissin Foods (U.S.A.) Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,204
Median for plans this size$2,416
2024$1,204 per active participant
2023$1,220 per active participant
2022$1,331 per active participant

Nissin Foods (U.S.A.) Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$43,734
ALPHAPOINT, INC. · Recordkeeping · Trustee$8,305
ADP BROKER-DEALERindirect 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$92,645 · 0.28%
2023$73,326 · 0.26%
2022$89,545 · 0.32%
Same employer
Similar plansManufacturing · California
All One God Faith, Inc. CA$35.5M · 0.90%
Inogen, Inc. CA$35.5M · 0.16%
Si-Bone, Inc. CA$35.5M · 0.21%
Cutera, Inc. CA$34.9M · 0.08%
Rix Industries CA$34.7M · 0.34%
Karma Automotive LLC CA$34.6M · 0.22%
D & D Gear, Inc. CA$34.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952655682 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.