Plan Ledger DOL Form 5500 · updated monthly

Toyota Boshoku Aki USA, LLC401(k)

TOYOTA BOSHOKU AKI USA, LLC 401(K) PLAN · ATHENS, AL · plan year 2024

Reported admin expense ratio · 2024
2.17%

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

Toyota Boshoku Aki USA, LLC reported $48,933 in plan administrative expenses for 2024: 2.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $693 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 3.02% to 2.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Alabama (754th of 902), and 4,451st of 5,215 in retail trade. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 246 to 515 since 2022.

Plan summary
Net assets, end of year$2,708,515
Participants with balances421
Active participants515
Employer contributions$356,697
Employee contributions$773,933
Employer contribution per active participant$693
Average account balance$6,434
Benefits paid to participants$428,847
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNING
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 421 accts · $357K emplr
2023$1.8M · 386 accts · $279K emplr
2022$1.1M · 281 accts · $205K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,933
Total administrative$48,933
The Toyota Boshoku Aki USA, LLC 401(k) match · 2024
Employer contribution per active participant$693
Median for plans this size$1,313
2024$693 per active participant
2023$937 per active participant
2022$833 per active participant

Toyota Boshoku Aki USA, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Loan processing$30,679
NOVA 401(K) ASSOCIATES LP · Recordkeeping · Loan processing$17,811
MESIROW FINANICAL, INC. · Investment advisory (plan)$443

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

Recordkeeper by year2
2024NOVA 401(K) ASSOCIATES LP, Transamerica
2023NOVA 401(K) ASSOCIATES LP, Transamerica

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Administrative cost history3
2024$48,933 · 2.17%
2023$37,262 · 2.60%
2022$26,119 · 3.02%
Same employer
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S E & a Automotive, LLC AL$2.8M · 0.16%
Proxsysrx, Inc. AL$2.6M · 0.76%
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Swift Supply, Inc. AL$2.2M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842857865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.