Plan Ledger DOL Form 5500 · updated monthly

Obayashi Corporation401(k)

OBAYASHI CORPORATION RETIREMENT SAVINGS PLAN · FOSTER CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Obayashi Corporation reported $113,968 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,140 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 0.38% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,712th-largest of 9,483 plans among California employers on file, and the 1,023rd of 5,337 in construction. In 2024, employees put in $2.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,220,708
Participants with balances293
Active participants192
Employer contributions$986,830
Employee contributions$2,701,068
Employer contribution per active participant$5,140
Average account balance$178,228
Benefits paid to participants$3,022,202
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.2M · 293 accts · $987K emplr
2023$45.0M · 287 accts · $798K emplr
2022$40.4M · 271 accts · $924K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,496
Investment management$35,000
Total administrative$113,968
The Obayashi Corporation 401(k) match · 2024
Employer contribution per active participant$5,140
Median for plans this size$2,416
2024$5,140 per active participant
2023$3,628 per active participant
2022$5,278 per active participant

Obayashi Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
CONCURRENT INVESTMENT ADVISORS LLC · Investment advisory (plan)$35,000
CLIFTON LARSON ALLEN WEALTH ADVISOR$14,472
RAYMOND JAMES FINANCIAL SERVICES · 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$113,968 · 0.23%
2023$125,446 · 0.29%
2022$163,881 · 0.38%
Similar plansConstruction · California
Ks Industries, LP CA$54.9M · 0.51%
Cosco Fire Protection, Inc. CA$54.7M · 0.13%
C. Overaa & Co. CA$54.1M · 0.10%
Morley Builders, Inc. CA$52.0M · 0.00%
3 Day Blinds LLC CA$51.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990117408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.