Plan Ledger DOL Form 5500 · updated monthly

Sysmex America Inc401(k)

SYSMEX AMERICA, INC. PROFIT SHARING AND 401(K) PLAN · LINCOLNSHIRE, IL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Sysmex America Inc reported $332,447 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $9,870 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 rose from 0.10% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 221st-largest of 3,702 plans among Illinois employers on file, and the 787th of 13,661 in manufacturing. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$335,764,547
Participants with balances1,579
Active participants1,317
Employer contributions$12,999,191
Employee contributions$15,733,531
Employer contribution per active participant$9,870
Average account balance$212,644
Benefits paid to participants$17,574,560
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$335.8M · 1,579 accts · $13.0M emplr
2023$283.6M · 1,544 accts · $12.5M emplr
2022$227.8M · 1,473 accts · $11.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$332,447
Total administrative$332,447
The Sysmex America Inc 401(k) match · 2024
Employer contribution per active participant$9,870
Median for plans this size$4,294
2024$9,870 per active participant
2023$9,754 per active participant
2022$9,630 per active participant

Sysmex America Inc's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$332,447
GALLAGHER FIDUCIARY ADVISORS, LLC · Consultingindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$332,447 · 0.11%
2023$268,786 · 0.11%
2022$245,965 · 0.10%
Same employer
Similar plansManufacturing · Illinois
Senior Operations LLC IL$358.7M · 0.07%
The Boler Company IL$356.8M · 0.02%
The Chamberlain Group LLC IL$348.5M · 0.13%
Aptargroup, Inc. IL$326.0M · 0.00%
Ntn USA Corporation IL$311.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364139882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.