Plan Ledger DOL Form 5500 · updated monthly

Toyota Connected North America, Inc.401(k)

TOYOTA CONNECTED NORTH AMERICA, INC. 401(K) PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Toyota Connected North America, Inc. reported $3,859 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,698 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 0.05% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,288th-largest of 5,688 plans among Texas employers on file, and the 3,438th of 11,654 in professional & technical services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 229 to 253 since 2022.

Plan summary
Net assets, end of year$38,082,603
Participants with balances306
Active participants253
Employer contributions$2,453,569
Employee contributions$3,836,109
Employer contribution per active participant$9,698
Average account balance$124,453
Benefits paid to participants$896,573
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.1M · 306 accts · $2.5M emplr
2023$26.8M · 296 accts · $2.2M emplr
2022$16.5M · 270 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,856
Investment management$3
Total administrative$3,859
The Toyota Connected North America, Inc. 401(k) match · 2024
Employer contribution per active participant$9,698
Median for plans this size$2,416
2024$9,698 per active participant
2023$8,802 per active participant
2022$7,944 per active participant

Toyota Connected North America, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,856

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$3,859 · 0.01%
2023$9,165 · 0.04%
2022$7,980 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Texas
Signature Science, LLC TX$38.8M · 0.00%
Rkd Group, LLC TX$38.8M · 0.47%
Cs Disco, Inc. TX$37.9M · 0.43%
Fourth Enterprises, LLC TX$37.4M · 0.12%
Databank Holdings, LTD. TX$37.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811088317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.