Plan Ledger DOL Form 5500 · updated monthly

Sekisui America Corporation401(k)

SEKISUI AMERICA CORPORATION RETIREMENT SAVINGS PLAN · SEACAUCUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Sekisui America Corporation reported $182,758 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,578 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 rose from 0.23% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 451st-largest of 2,419 plans among New Jersey employers on file, and the 2,386th of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has shrunk from 780 to 685 since 2022.

Plan summary
Net assets, end of year$73,163,027
Participants with balances897
Active participants685
Employer contributions$1,765,717
Employee contributions$3,366,337
Employer contribution per active participant$2,578
Average account balance$81,564
Benefits paid to participants$5,907,186
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$73.2M · 897 accts · $1.8M emplr
2023$66.0M · 825 accts · $1.6M emplr
2022$58.4M · 780 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,356
Investment management$51,402
Total administrative$182,758
The Sekisui America Corporation 401(k) match · 2024
Employer contribution per active participant$2,578
Median for plans this size$3,635
2024$2,578 per active participant
2023$2,418 per active participant
2022$1,975 per active participant

Sekisui America Corporation'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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$120,517
PRIME CAPITAL INVESTMENT ADVISORS L · Investment advisory (plan)$51,402

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$182,758 · 0.26%
2023$161,648 · 0.26%
2022$147,141 · 0.23%
Similar plansManufacturing · New Jersey
Richards Mfg Co Sales LLC NJ$75.0M · 0.01%
Wacoal America, Inc. NJ$74.7M · 0.09%
Air Cruisers Company, LLC NJ$73.4M · 0.10%
Clayton Block Company, Inc. NJ$73.4M · 0.05%
Amano USA Holdings, Inc. NJ$70.7M · 0.43%
Adare Pharmaceuticals, Inc. NJ$69.1M · 0.18%
Humanscale Corporation NJ$67.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270087605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.