Plan Ledger DOL Form 5500 · updated monthly

Shiroki North America, Inc.401(k)

SHIROKI NORTH AMERICA, INC. 401(K) RETIREMENT & SAVINGS PLAN. · SMITHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Shiroki North America, Inc. reported $36,115 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $799 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 0.11% to 0.10%. 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 337th-largest of 1,496 plans among Tennessee employers on file, and the 3,736th of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,267,386
Participants with balances496
Active participants754
Employer contributions$602,348
Employee contributions$1,352,247
Employer contribution per active participant$799
Average account balance$79,168
Benefits paid to participants$1,881,816
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$39.3M · 496 accts · $602K emplr
2023$32.6M · 473 accts · $554K emplr
2022$27.8M · 507 accts · $556K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,175
Investment management$27,940
Total administrative$36,115
The Shiroki North America, Inc. 401(k) match · 2024
Employer contribution per active participant$799
Median for plans this size$2,416
2024$799 per active participant
2023$730 per active participant
2022$741 per active participant

Shiroki North America, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$27,940
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,175

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$36,115 · 0.10%
2023$34,821 · 0.12%
2022$36,835 · 0.11%
Same employer
Similar plansManufacturing · Tennessee
National Pen Co. LLC TN$41.7M · 0.30%
The Pictsweet Company TN$41.7M · 0.47%
Kordsa, Inc. TN$39.7M · 0.16%
Kele, Inc. TN$37.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382812271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.