Plan Ledger DOL Form 5500 · updated monthly

Nissin International Transport U.S.A., Inc.401(k)

NISSIN INTERNATIONAL TRANSPORT U.S.A. INC. 401(K)PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Nissin International Transport U.S.A., Inc. reported $70,973 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,835 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 0.332%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 3,350th-largest of 9,483 plans among California employers on file, and the 681st of 2,677 in transportation & warehousing. In 2024, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,431,787
Participants with balances367
Active participants278
Employer contributions$510,139
Employee contributions$1,449,504
Employer contribution per active participant$1,835
Average account balance$61,122
Benefits paid to participants$2,410,765
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 367 accts · $510K emplr
2023$20.3M · 353 accts · $441K emplr
2022$17.3M · 371 accts · $443K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,973
Total administrative$70,973
The Nissin International Transport U.S.A., Inc. 401(k) match · 2024
Employer contribution per active participant$1,835
Median for plans this size$2,416
2024$1,835 per active participant
2023$1,738 per active participant
2022$1,689 per active participant

Nissin International Transport U.S.A., Inc.'s 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$70,939
ACTUARIAL BENEFITS CORP · Actuarialindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · 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$70,973 · 0.33%
2023$64,144 · 0.34%
2022$64,071 · 0.33%
Same employer
Similar plansTransportation & Warehousing · California
Mnx Global Logistics Corp. CA$25.5M · 0.15%
Platform Science, Inc. CA$24.0M · 0.19%
Blower-Dempsay Corporation CA$23.9M · 0.24%
Fns, Inc. CA$23.6M · 0.57%
Asiana Airlines CA$22.1M · 0.30%
Food Express, Inc. CA$21.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952864414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.