Plan Ledger DOL Form 5500 · updated monthly

Yokohama Tire Manufacturing Virginia401(k)

SAVINGS PLAN FOR HOURLY EMPLOYEES OF THE YOKOHAMA TIRE MANUFACTURING IN SALEM, VIRGINIA · SALEM, VA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Yokohama Tire Manufacturing Virginia reported $38,580 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.13% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 611th-largest of 2,266 plans among Virginia employers on file, and the 3,829th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$37,945,162
Participants with balances303
Active participants470
Employer contributions$0
Employee contributions$1,639,485
Employer contribution per active participant$0
Average account balance$125,232
Benefits paid to participants$5,291,330
Plan auditUnmodified (clean) audit opinion
AuditorBROWN, EDWARDS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$37.9M · 303 accts
2023$36.9M · 305 accts
2022$30.5M · 316 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,681
Investment management$33,899
Total administrative$38,580
The Yokohama Tire Manufacturing Virginia 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Yokohama Tire Manufacturing Virginia's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$37,467
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,619

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$38,580 · 0.10%
2023$35,965 · 0.11%
2022$36,555 · 0.13%
Same employer
Similar plansManufacturing · Virginia
Qubicaamf Worldwide, LLC VA$42.4M · 0.48%
Blueprint Automation, Inc. VA$36.7M · 0.33%
Iba USA, Inc. VA$35.9M · 0.33%
Fareva Richmond, Inc VA$35.7M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463716038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.