Plan Ledger DOL Form 5500 · updated monthly

Yang Ming (America) Corporation401(k)

YANG MING (AMERICA) CORPORATION 401(K) PLAN · NEWARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Yang Ming (America) Corporation reported $4,520 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,213 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 rose from 0.002% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 296th-largest of 2,419 plans among New Jersey employers on file, and the 196th of 2,677 in transportation & warehousing. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$135,088,724
Participants with balances321
Active participants237
Employer contributions$1,709,364
Employee contributions$2,603,447
Employer contribution per active participant$7,213
Average account balance$420,837
Benefits paid to participants$9,250,949
Plan auditUnmodified (clean) audit opinion
AuditorRBSM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$135.1M · 321 accts · $1.7M emplr
2023$124.3M · 326 accts · $1.6M emplr
2022$104.2M · 320 accts · $1.5M emplr
The Yang Ming (America) Corporation 401(k) match · 2024
Employer contribution per active participant$7,213
Median for plans this size$3,635
2024$7,213 per active participant
2023$6,831 per active participant
2022$6,554 per active participant

Yang Ming (America) Corporation's 2024 employer contribution ran above the $3,635 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$5,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$4,520 · 0.00%
2023$3,021 · 0.00%
2022$2,402 · 0.00%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Maher Terminals LLC NJ$132.3M · 0.10%
Mol (Americas) LLC NJ$77.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132784964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.