Plan Ledger DOL Form 5500 · updated monthly

Toyota Tsusho Material Handling America, Inc401(k)

TOYOTA LIFT NORTHWEST 401(K) PLAN · CLACKAMAS, OR · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Toyota Tsusho Material Handling America, Inc reported $16,700 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,964 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 1 year on file its reported administrative ratio rose from 0.21% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Oregon (611th of 1,021), and 2,966th of 5,215 in retail trade. In 2023, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 107 to 158 since 2022.

Plan summary
Net assets, end of year$8,346,377
Participants with balances147
Active participants158
Employer contributions$310,271
Employee contributions$539,628
Employer contribution per active participant$1,964
Average account balance$56,778
Benefits paid to participants$308,823
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $101K emplr
2023$8.3M · 147 accts · $310K emplr
2022$6.8M · 131 accts · $247K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,700
Total administrative$16,700
The Toyota Tsusho Material Handling America, Inc 401(k) match · 2023
Employer contribution per active participant$1,964
Median for plans this size$1,308
2023$1,964 per active participant
2022$2,304 per active participant

Toyota Tsusho Material Handling America, Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$16,700
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024Not separately reported
2023$16,700 · 0.22%
2022$14,869 · 0.21%
Same employer
Similar plansRetail Trade · Oregon
Curtis Trailers, Inc OR$9.6M · 0.52%
Dari-Mart Stores, Inc. OR$8.9M · 0.83%
Herzog-Meier Auto Center OR$8.3M · 0.53%
Ashland Food Cooperative OR$8.3M · 0.49%
Power Auto, Inc. OR$7.5M · 1.03%
Roberson Motors, Inc. OR$7.4M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753266402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.