Plan Ledger DOL Form 5500 · updated monthly

Shimano North America Holding, Inc.401(k)

SHIMANO NORTH AMERICA 401(K) PROFIT SHARING PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Shimano North America Holding, Inc. reported $155,218 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,514 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 0.349%. 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 1,856th-largest of 9,483 plans among California employers on file, and the 874th of 4,246 in wholesale trade. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 284 to 474 since 2022.

Plan summary
Net assets, end of year$47,164,893
Participants with balances439
Active participants474
Employer contributions$1,191,656
Employee contributions$1,832,905
Employer contribution per active participant$2,514
Average account balance$107,437
Benefits paid to participants$3,155,344
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.2M · 439 accts · $1.2M emplr
2023$41.9M · 374 accts · $1.0M emplr
2022$35.5M · 387 accts · $951K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,381
Investment management$85,837
Total administrative$155,218
The Shimano North America Holding, Inc. 401(k) match · 2024
Employer contribution per active participant$2,514
Median for plans this size$2,416
2024$2,514 per active participant
2023$3,512 per active participant
2022$3,349 per active participant

Shimano North America Holding, Inc.'s 2024 employer contribution ran above 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 · 20242
LPL FINANCIAL LLC · Investment advisory (plan)$85,837
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$69,381

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$155,218 · 0.35%
2023$127,471 · 0.33%
2022$140,267 · 0.35%
Same employer
Similar plansWholesale Trade · California
Jc Foodservice, Inc. CA$49.0M · 0.05%
Rodan & Fields, LLC CA$48.6M · 0.23%
5.11, Inc. CA$48.5M · 0.34%
Vifor Pharma, Inc. CA$48.3M · 0.11%
Asus Computer International CA$45.7M · 0.19%
Asi CA$45.6M · 0.28%
Tireco, Inc. CA$45.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330203740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.