Plan Ledger DOL Form 5500 · updated monthly

Toyota Motor North America, Inc401(k)

TOYOTA MOTOR NORTH AMERICA, INC. RETIREMENT SAVINGS PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Toyota Motor North America, Inc reported $4,260,405 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $8,679 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 0.04% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 9th-largest of 5,688 plans among Texas employers on file, and the 1st of 4,246 in wholesale trade. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,343,949,527
Participants with balances51,475
Active participants44,145
Employer contributions$383,151,308
Employee contributions$407,914,010
Employer contribution per active participant$8,679
Average account balance$259,232
Benefits paid to participants$1,191,550,485
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.3B · 51,475 accts · $383.2M emplr
2023$11.9B · 50,757 accts · $340.3M emplr
2022$10.1B · 49,313 accts · $309.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,698,168
Investment management$2,276,520
Total administrative$4,260,405
The Toyota Motor North America, Inc 401(k) match · 2024
Employer contribution per active participant$8,679
Median for plans this size$5,259
2024$8,679 per active participant
2023$7,748 per active participant
2022$7,229 per active participant

Toyota Motor North America, Inc's 2024 employer contribution ran above the $5,259 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,659,451
QDRO CONSULTANTS CO LLC · Consulting$49,600

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$4,260,405 · 0.03%
2023$4,528,372 · 0.04%
2022$4,831,020 · 0.04%
Same employer
Similar plansWholesale Trade · Texas
Cargill, Incorporated MN$8.9B · 0.04%
Nike, Inc. OR$5.9B · 0.04%
McKesson Corporation TX$5.7B · 0.02%
Sysco Corporation TX$5.2B · 0.05%
McLane Company, Inc. TX$1.5B · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953141669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.