Plan Ledger DOL Form 5500 · updated monthly

Sharp Nec Display Solutions of America, Inc.401(k)

SHARP NEC DISPLAY SOLUTIONS OF AMERICA, INC. RETIREMENT PLAN · DOWNERS GROVE, IL · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Sharp Nec Display Solutions of America, Inc. reported $18,962 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,262 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 0.04% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 756th-largest of 3,702 plans among Illinois employers on file, and the 2,605th of 13,661 in manufacturing. In 2023, employees put in $1.72 for every $1.00 the employer contributed; active participation has shrunk from 123 to 102 since 2022.

Plan summary
Net assets, end of year$65,013,979
Participants with balances210
Active participants102
Employer contributions$944,680
Employee contributions$1,623,444
Employer contribution per active participant$9,262
Average account balance$309,590
Benefits paid to participants$3,941,825
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 81 accts · $79K emplr
2023$65.0M · 210 accts · $945K emplr
2022$54.7M · 224 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,962
Total administrative$18,962
The Sharp Nec Display Solutions of America, Inc. 401(k) match · 2023
Employer contribution per active participant$9,262
Median for plans this size$3,659
2024$801 per active participant
2023$9,262 per active participant
2022$8,696 per active participant

Sharp Nec Display Solutions of America, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,962

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$6,525 · 0.02%
2023$18,962 · 0.03%
2022$26,626 · 0.04%
Same employer
Similar plansManufacturing · Illinois
Camcraft, Inc. IL$67.8M · 0.11%
Cadrex LLC IL$67.1M · 0.20%
Ugn, Inc. IL$66.2M · 0.28%
Bergstrom Inc IL$63.7M · 0.11%
Gc America Inc. IL$63.6M · 0.18%
National Material, L.P. IL$62.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364365920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.