Plan Ledger DOL Form 5500 · updated monthly

Tdk U.S.A. Corporation401(k)

TDK U.S.A CORPORATION SAVINGS PLAN · UNIONDALE, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Tdk U.S.A. Corporation reported $110,188 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,961 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 0.07% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 427th-largest of 5,648 plans among New York employers on file, and the 1,078th of 13,661 in manufacturing. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 588 to 682 since 2022.

Plan summary
Net assets, end of year$222,189,387
Participants with balances1,034
Active participants682
Employer contributions$2,701,148
Employee contributions$6,261,523
Employer contribution per active participant$3,961
Average account balance$214,883
Benefits paid to participants$19,257,281
Plan auditUnmodified (clean) audit opinion
AuditorCARON&BLETZER PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$222.2M · 1,034 accts · $2.7M emplr
2023$193.3M · 1,006 accts · $2.5M emplr
2022$160.0M · 985 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,016
Investment management$20,172
Total administrative$110,188
The Tdk U.S.A. Corporation 401(k) match · 2024
Employer contribution per active participant$3,961
Median for plans this size$3,635
2024$3,961 per active participant
2023$3,908 per active participant
2022$3,800 per active participant

Tdk U.S.A. Corporation's 2024 employer contribution ran above the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,172
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$110,188 · 0.05%
2023$110,868 · 0.06%
2022$120,729 · 0.07%
Same employer
Similar plansManufacturing · New York
American Regent, Inc. NY$255.2M · 0.11%
Knorr-Bremse NY$251.5M · 0.08%
Oerlikon USA Holding, Inc. NY$219.7M · 0.13%
Sartorius Corporation NY$218.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953304247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.