Plan Ledger DOL Form 5500 · updated monthly

Nongshim Holdings USA, Inc.401(k)

NONGSHIM AMERICA, INC. 401(K) PLAN · RANCHO CUCAMONGA, CA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Nongshim Holdings USA, Inc. reported $91,201 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,215 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 0.363%. 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 2,849th-largest of 9,483 plans among California employers on file, and the 4,772nd of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 511 to 763 since 2022.

Plan summary
Net assets, end of year$27,724,417
Participants with balances461
Active participants763
Employer contributions$926,827
Employee contributions$1,845,932
Employer contribution per active participant$1,215
Average account balance$60,140
Benefits paid to participants$1,047,871
Plan auditUnmodified (clean) audit opinion
AuditorJYK ACCOUNTANCY CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 461 accts · $927K emplr
2023$22.6M · 420 accts · $826K emplr
2022$17.9M · 395 accts · $703K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,144
Investment management$38,057
Total administrative$91,201
The Nongshim Holdings USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,215
Median for plans this size$2,416
2024$1,215 per active participant
2023$1,375 per active participant
2022$1,376 per active participant

Nongshim Holdings USA, 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$52,450
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$36,170
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.

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$91,201 · 0.36%
2023$75,428 · 0.37%
2022$66,852 · 0.36%
Similar plansManufacturing · California
Kyocera Sld Laser, Inc. CA$28.1M · 0.13%
Baker Commodities, Inc. CA$27.9M · 0.17%
Atx Networks (Dallas) Corp. CA$27.9M · 0.28%
Kern Oil & Refining Company CA$27.7M · 0.22%
Cytek Biosciences CA$27.7M · 0.16%
Element Biosciences, Inc. CA$27.5M · 0.50%
Capstone Green Energy, LLC CA$27.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841619020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.