Plan Ledger DOL Form 5500 · updated monthly

Sakura Finetek USA, Inc.401(k)

SAKURA FINETEK USA, INC. 401(K) RETIREMENT SAVINGS PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Sakura Finetek USA, Inc. reported $44,060 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,617 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 0.23% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,676th-largest of 9,483 plans among California employers on file, and the 760th of 4,246 in wholesale trade. In 2024, employees put in $3.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,817,868
Participants with balances316
Active participants259
Employer contributions$677,910
Employee contributions$2,622,240
Employer contribution per active participant$2,617
Average account balance$170,310
Benefits paid to participants$3,141,221
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.8M · 316 accts · $678K emplr
2023$46.3M · 304 accts · $638K emplr
2022$36.9M · 307 accts · $541K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,060
Total administrative$44,060
The Sakura Finetek USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,617
Median for plans this size$3,635
2024$2,617 per active participant
2023$2,680 per active participant
2022$2,174 per active participant

Sakura Finetek USA, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,060

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$44,060 · 0.09%
2023$41,502 · 0.10%
2022$79,745 · 0.23%
Same employer
Similar plansWholesale Trade · California
Emser Tile, LLC CA$54.3M · 0.34%
Lyons Magnus, LLC CA$54.0M · 0.49%
Mag Brand Group, LLC CA$53.4M · 0.61%
Fff Enterprises, Inc. CA$53.0M · 0.31%
Bachem Americas ,Inc. CA$51.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330196183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.