Plan Ledger DOL Form 5500 · updated monthly

Toyoda Gosei North America Corp.401(k)

TOYODA GOSEI 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Toyoda Gosei North America Corp. reported $610,240 in plan administrative expenses for 2024: 0.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,770 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 0.22% to 0.17%. 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 88th-largest of 2,619 plans among Michigan employers on file, and the 718th of 13,661 in manufacturing. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$371,054,738
Participants with balances5,634
Active participants4,336
Employer contributions$16,347,081
Employee contributions$20,848,350
Employer contribution per active participant$3,770
Average account balance$65,860
Benefits paid to participants$31,774,238
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$371.1M · 5,634 accts · $16.3M emplr
2023$348.7M · 5,529 accts · $14.1M emplr
2022$283.6M · 5,232 accts · $9.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$398,663
Investment management$211,577
Total administrative$610,240
The Toyoda Gosei North America Corp. 401(k) match · 2024
Employer contribution per active participant$3,770
Median for plans this size$4,294
2024$3,770 per active participant
2023$3,278 per active participant
2022$2,355 per active participant

Toyoda Gosei North America Corp.'s 2024 employer contribution ran below the $4,294 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
ADP, INC. · Loan processing · Recordkeeping$482,782
CAPFINANCIAL PARTNERS, LLC · Recordkeeping · Trustee$50,000
DICKINSON WRIGHT PLLC · Recordkeeping · Pension consulting$10,867
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, CAPFINANCIAL PARTNERS, LLC, DICKINSON WRIGHT PLLC
2023ADP, CAPFINANCIAL PARTNERS, LLC, DICKINSON WRIGHT PLLC, PLANTE & MORAN, PLLC, RETIREMENT MANAGEMENT SERVICES, LLC

This plan has changed recordkeepers within these filings. If you left Toyoda Gosei North America Corp. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$610,240 · 0.17%
2023$666,553 · 0.21%
2022$635,849 · 0.22%
Same employer
Similar plansManufacturing · Michigan
Haworth International, LTD. MI$421.0M · 0.07%
Wk Kellogg Co MI$372.8M
Roush Industries, Inc. MI$366.5M · 0.11%
La-Z-Boy Incorporated MI$351.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383467216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.