Plan Ledger DOL Form 5500 · updated monthly

Sekisui America Corporation401(k)

SEKISUI DIAGNOSTICS, LLC 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Sekisui America Corporation reported $112,678 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,216 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 0.19% to 0.25%. 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 723rd-largest of 2,726 plans among Massachusetts employers on file, and the 3,243rd of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 253 to 355 since 2022.

Plan summary
Net assets, end of year$48,117,492
Participants with balances337
Active participants355
Employer contributions$1,851,826
Employee contributions$3,076,912
Employer contribution per active participant$5,216
Average account balance$142,782
Benefits paid to participants$6,107,939
Plan auditUnmodified (clean) audit opinion
AuditorCRR, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$48.1M · 337 accts · $1.9M emplr
2023$43.2M · 327 accts · $1.6M emplr
2022$37.3M · 313 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,579
Investment management$32,099
Total administrative$112,678
The Sekisui America Corporation 401(k) match · 2024
Employer contribution per active participant$5,216
Median for plans this size$2,416
2024$5,216 per active participant
2023$4,933 per active participant
2022$6,542 per active participant

Sekisui America 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$80,579
PRIME CAPITAL INVESTMENT ADVISORS L · Investment advisory (plan)$32,099

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$112,678 · 0.25%
2023$97,289 · 0.24%
2022$76,503 · 0.19%
Similar plansManufacturing · Massachusetts
Harvard Bioscience, Inc. MA$49.7M · 0.07%
Twin Rivers Technologies MA$49.5M · 0.02%
Kettle Cuisine, LLC MA$49.3M · 0.51%
Affinity Group, Inc. MA$49.2M · 0.11%
Icp Construction Inc. MA$46.7M · 0.61%
Charm Sciences, Inc. MA$46.3M · 0.12%
Advance Mfg. Co., Inc. MA$42.4M · 0.41%
Exagrid Systems, Inc. MA$41.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274058664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.