Softbank Inc.401(k)
SOFTBANK INC 401(K) PLAN · SAN CARLOS, CA · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Softbank Inc. reported $158,792 in plan administrative expenses for 2022: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $30,864 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.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,424th-largest of 9,483 plans among California employers on file, and the 2,208th of 11,654 in professional & technical services. In 2022, the employer put in $1.13 for every $1.00 employees contributed themselves.
Softbank Inc.'s 2022 employer contribution ran above the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 522178089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.