Plan Ledger DOL Form 5500 · updated monthly

Yaskawa America, Inc.401(k)

YASKAWA AMERICA, INC. 401(K) PLAN · WAUKEGAN, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Yaskawa America, Inc. reported $459,343 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,412 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 0.08% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 197th-largest of 3,702 plans among Illinois employers on file, and the 705th of 13,661 in manufacturing. In 2024, employees put in $1.08 for every $1.00 the employer contributed; active participation has grown from 1,432 to 1,589 since 2022.

Plan summary
Net assets, end of year$379,392,244
Participants with balances1,615
Active participants1,589
Employer contributions$10,188,867
Employee contributions$11,039,916
Employer contribution per active participant$6,412
Average account balance$234,918
Benefits paid to participants$37,623,891
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$379.4M · 1,615 accts · $10.2M emplr
2023$345.3M · 1,645 accts · $9.3M emplr
2022$299.4M · 1,530 accts · $8.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$183,973
Investment management$50,000
Audit (IQPA)$18,000
Total administrative$459,343
The Yaskawa America, Inc. 401(k) match · 2024
Employer contribution per active participant$6,412
Median for plans this size$4,294
2024$6,412 per active participant
2023$5,763 per active participant
2022$5,598 per active participant

Yaskawa America, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20244
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$183,973
MORGAN STANLEY GLOBAL BANKING OPERA$50,000
PLANTE & MORAN, PLLC · Accounting / audit$18,000
ESLER & VANDERSCHAAFF CO., L.P.A$12,979

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$459,343 · 0.13%
2023$287,458 · 0.09%
2022$266,747 · 0.08%
Same employer
Similar plansManufacturing · Illinois
Heico Holding, Inc. IL$437.5M · 0.08%
Flex-N-Gate LLC IL$405.0M · 0.11%
Stepan Company IL$395.4M · 0.03%
Acco Brands Corporation IL$392.3M · 0.06%
The Middleby Corporation IL$378.0M · 0.05%
Evergreen Packaging LLC IL$368.2M · 0.08%
Senior Operations LLC IL$358.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362639378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.