Plan Ledger DOL Form 5500 · updated monthly

Shimadzu Precision Instruments, Inc.401(k)

SHIMADZU PRECISION INSTRUMENTS, INC. 401(K) PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Shimadzu Precision Instruments, Inc. reported $80,359 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,137 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 3 years on file its reported administrative ratio has held roughly steady near 0.320%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,884th-largest of 9,483 plans among California employers on file, and the 1,467th of 4,246 in wholesale trade. In 2024, employees put in $3.45 for every $1.00 the employer contributed; active participation has grown from 167 to 186 since 2022.

Plan summary
Net assets, end of year$27,297,940
Participants with balances167
Active participants186
Employer contributions$397,486
Employee contributions$1,372,242
Employer contribution per active participant$2,137
Average account balance$163,461
Benefits paid to participants$836,725
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 167 accts · $397K emplr
2023$22.9M · 162 accts · $393K emplr
2022$21.3M · 154 accts · $383K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,543
Investment management$38,166
Audit (IQPA)$13,650
Total administrative$80,359
The Shimadzu Precision Instruments, Inc. 401(k) match · 2024
Employer contribution per active participant$2,137
Median for plans this size$2,416
2024$2,137 per active participant
2023$2,342 per active participant
2022$2,293 per active participant

Shimadzu Precision Instruments, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
MERCER INVESTMENT MANAGEMENT INC · Investment advisory (plan)$34,916
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,543
MILLER KAPLAN · Accounting / audit$13,650

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$80,359 · 0.32%
2023$72,136 · 0.33%
2022$76,018 · 0.32%
Same employer
Similar plansWholesale Trade · California
Samsung Sdi America, Inc. CA$28.1M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953340364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.