Plan Ledger DOL Form 5500 · updated monthly

Toyota Boshoku America, Inc.401(k)

TOYOTA BOSHOKU AMERICA, INC. 401(K) PROFIT SHARING PLAN & TRUST · ERLANGER, KY · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Toyota Boshoku America, Inc. reported $367,041 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,892 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 34th-largest of 871 plans among Kentucky employers on file, and the 1,046th of 13,661 in manufacturing. In 2024, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$233,110,402
Participants with balances5,353
Active participants4,244
Employer contributions$8,028,458
Employee contributions$23,179,026
Employer contribution per active participant$1,892
Average account balance$43,548
Benefits paid to participants$20,328,336
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNIG & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$233.1M · 5,353 accts · $8.0M emplr
2023$193.1M · 4,888 accts · $7.0M emplr
2022$153.9M · 4,302 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$314,122
Investment management$52,919
Total administrative$367,041
The Toyota Boshoku America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,892
Median for plans this size$3,635
2024$1,892 per active participant
2023$1,761 per active participant
2022$1,369 per active participant

Toyota Boshoku America, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$314,122
MORGAN STANLEY · Investment advisory (plan)$50,500
CHARLES SCHWAB & CO., INC. · Securities brokerage$47
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$367,041 · 0.17%
2023$343,560 · 0.20%
2022$356,180 · 0.22%
Same employer
Similar plansManufacturing · Kentucky
North American Stainless KY$334.8M · 0.03%
Valvoline Inc. KY$318.8M · 0.20%
Vgp Holdings LLC KY$281.6M · 0.12%
Union Underwear Company, Inc KY$258.1M · 0.05%
Alltech, Inc. KY$208.3M · 0.10%
Steel Technologies LLC KY$190.6M · 0.17%
Mazak Corporation KY$180.6M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383603141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.