Plan Ledger DOL Form 5500 · updated monthly

Topcon America Corporation401(k)

TOPCON AMERICA CORPORATION 401(K) PLAN · OAKLAND, NJ · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Topcon America Corporation reported $158,676 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,296 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 0.12% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 221st-largest of 2,419 plans among New Jersey employers on file, and the 786th of 11,654 in professional & technical services. In 2024, employees put in $3.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$206,286,175
Participants with balances1,549
Active participants1,186
Employer contributions$3,908,879
Employee contributions$13,591,368
Employer contribution per active participant$3,296
Average account balance$133,174
Benefits paid to participants$21,089,085
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$206.3M · 1,549 accts · $3.9M emplr
2023$181.4M · 1,599 accts · $3.8M emplr
2022$146.5M · 1,495 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,515
Investment management$79,801
Audit (IQPA)$24,360
Total administrative$158,676
The Topcon America Corporation 401(k) match · 2024
Employer contribution per active participant$3,296
Median for plans this size$3,635
2024$3,296 per active participant
2023$2,988 per active participant
2022$2,888 per active participant

Topcon America Corporation's 2024 employer contribution ran below 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,515
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$49,801
GALLAGHER BENEFIT SERVICES · Investment advisory (plan)$30,000
ARMANINO LLP · Accounting / audit$24,360

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$158,676 · 0.08%
2023$225,536 · 0.14%
2022$187,083 · 0.12%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Sapiens Americas Corporation NJ$225.9M · 0.09%
Archer & Greiner, P.C. NJ$215.9M · 0.12%
Ltimindtree Limited NJ$207.1M · 0.42%
Exlservice Holdings, Inc. NJ$204.8M · 0.01%
Agfa Healthcare Corporation NJ$182.9M · 0.04%
Wcg Clinical, Inc. NJ$180.5M · 0.10%
Riker Danzig LLP NJ$155.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223803963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.