Plan Ledger DOL Form 5500 · updated monthly

Toyo Tanso USA, Inc.401(k)

TOYO TANSO USA, INC. SAVINGS AND PROFIT SHARING PLAN · TROUTDALE, OR · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Toyo Tanso USA, Inc. reported $68,601 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,369 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 0.61% to 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (551st of 1,021), and 8,676th of 13,661 in manufacturing. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,228,695
Participants with balances184
Active participants107
Employer contributions$253,495
Employee contributions$445,932
Employer contribution per active participant$2,369
Average account balance$55,591
Benefits paid to participants$1,551,215
Plan auditUnmodified (clean) audit opinion
AuditorPERKINS & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 184 accts · $253K emplr
2023$10.1M · 191 accts · $231K emplr
2022$9.1M · 165 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,422
Investment management$38,358
Trustee / custodial$3,821
Total administrative$68,601
The Toyo Tanso USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,369
Median for plans this size$2,416
2024$2,369 per active participant
2023$2,022 per active participant
2022$2,310 per active participant

Toyo Tanso USA, Inc.'s 2024 employer contribution ran below the $2,416 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
NWPS · Contract administrator · Recordkeeping$26,422
RETIREMENT CONSULTING GROUP · Investment advisory (participants) · Investment advisory (plan)$38,358

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024NWPS
2023NWPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,601 · 0.68%
2023$64,100 · 0.67%
2022$62,285 · 0.61%
Same employer
Similar plansManufacturing · Oregon
Routeware, Inc. OR$10.6M · 0.12%
Blazer Industries, Inc. OR$10.5M · 0.67%
Vanguard Ems, Inc. OR$10.3M · 0.67%
Met One Instruments, Inc. OR$9.7M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 931074455 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.