Plan Ledger DOL Form 5500 · updated monthly

Sanko Gosei Technologies USA, Inc.401(k)

SANKO GOSEI TECHNOLOGIES USA, INC. 401(K) PLAN · FORT WAYNE, IN · plan year 2022

Reported admin expense ratio · 2022
1.31%

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

Sanko Gosei Technologies USA, Inc. reported $9,015 in plan administrative expenses for 2022: 1.31% of average plan assets, above the peer median. Employer contributions averaged $269 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,502nd of 1,562), and 13,370th of 13,661 in manufacturing. In 2022, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$745,400
Participants with balances78
Active participants247
Employer contributions$66,534
Employee contributions$203,712
Employer contribution per active participant$269
Average account balance$9,556
Benefits paid to participants$28,819
Plan auditUnmodified (clean) audit opinion
AuditorATM & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,731
Investment management$2,284
Total administrative$9,015
The Sanko Gosei Technologies USA, Inc. 401(k) match · 2022
Employer contribution per active participant$269
Median for plans this size$331

Sanko Gosei Technologies USA, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,015 · 1.31%
Same employer
Similar plansManufacturing · Indiana
Topp Industries, Inc. IN$959K · 1.11%
Pletcher Sales Inc IN$899K · 0.06%
Mfp, LLC IN$724K · 0.46%
Gigantic Holding, LLC IN$701K · 1.06%
Tri-Pac, Inc. IN$700K · 1.22%
Patrick Aluminum, Inc. IN$665K · 1.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 461478366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.