Plan Ledger DOL Form 5500 · updated monthly

Toshiba Global Commerce Solutions, Inc.401(k)

TOSHIBA TEC U.S. EMPLOYEES' 401(K) SAVINGS PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Toshiba Global Commerce Solutions, Inc. reported $390,979 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,373 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 0.06% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 64th-largest of 2,005 plans among North Carolina employers on file, and the 97th of 4,246 in wholesale trade. In 2024, employees put in $3.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$484,576,720
Participants with balances3,671
Active participants3,416
Employer contributions$8,104,462
Employee contributions$26,362,549
Employer contribution per active participant$2,373
Average account balance$132,001
Benefits paid to participants$48,021,354
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$484.6M · 3,671 accts · $8.1M emplr
2023$440.8M · 4,106 accts · $6.4M emplr
2022$377.4M · 3,634 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$242,729
Investment management$133,750
Audit (IQPA)$14,500
Total administrative$390,979
The Toshiba Global Commerce Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,373
Median for plans this size$4,294
2024$2,373 per active participant
2023$1,852 per active participant
2022$1,515 per active participant

Toshiba Global Commerce Solutions, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$242,729
NFP RETIREMENT, INC. · Investment advisory (plan)$133,750
MILLER KAPLAN · Accounting / audit$14,500

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$390,979 · 0.08%
2023$448,868 · 0.11%
2022$257,765 · 0.06%
Same employer
Similar plansWholesale Trade · North Carolina
Hanesbrands Inc. NC$664.6M · 0.09%
B. D. Holt Company TX$505.0M · 0.10%
F.W. Webb Company MA$499.1M · 0.12%
Ben E. Keith Company TX$494.0M · 0.04%
Digi-Key Corporation MN$490.8M · 0.12%
Wakefern Food Corp. NJ$478.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455236414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.