Plan Ledger DOL Form 5500 · updated monthly

Nittobo America, Inc.401(k)

NITTOBO AMERICA INC. SAVINGS PLAN · MURRIETA, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Nittobo America, Inc. reported $8,238 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,167 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 0.16% to 0.05%. 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 3,993rd-largest of 9,483 plans among California employers on file, and the 6,476th of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 130 to 144 since 2022.

Plan summary
Net assets, end of year$17,406,428
Participants with balances170
Active participants144
Employer contributions$455,990
Employee contributions$864,600
Employer contribution per active participant$3,167
Average account balance$102,391
Benefits paid to participants$1,102,030
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 170 accts · $456K emplr
2023$15.1M · 171 accts · $454K emplr
2022$12.5M · 165 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,238
Total administrative$8,238
The Nittobo America, Inc. 401(k) match · 2024
Employer contribution per active participant$3,167
Median for plans this size$2,416
2024$3,167 per active participant
2023$3,265 per active participant
2022$3,093 per active participant

Nittobo America, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$8,238
COLEMAN, DONALD F. · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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$8,238 · 0.05%
2023$3,458 · 0.03%
2022$21,895 · 0.16%
Same employer
Similar plansManufacturing · California
Dongalen Enterprises, Inc. CA$17.5M · 0.76%
Wilwood Engineering CA$17.5M · 0.05%
Voltage Multipliers, Inc. CA$17.4M · 0.04%
Vertos Medical, Inc. CA$17.3M · 0.16%
Ventura Coastal, LLC. CA$17.3M · 0.43%
Exaktime Innovations, Inc. CA$17.3M · 0.73%
Brek Manufacturing Co. CA$17.2M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954033568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.