Plan Ledger DOL Form 5500 · updated monthly

Yusen Logistics (Americas) Inc.401(k)

YUSEN LOGISTICS (AMERICAS) INC 401K PLAN · SECAUCUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Yusen Logistics (Americas) Inc. reported $71,027 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,935 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 0.03% to 0.05%. 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 272nd-largest of 2,419 plans among New Jersey employers on file, and the 182nd of 2,677 in transportation & warehousing. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 1,793 to 2,088 since 2022.

Plan summary
Net assets, end of year$149,948,717
Participants with balances2,116
Active participants2,088
Employer contributions$4,041,170
Employee contributions$9,402,632
Employer contribution per active participant$1,935
Average account balance$70,864
Benefits paid to participants$9,702,638
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$149.9M · 2,116 accts · $4.0M emplr
2023$126.7M · 2,138 accts · $4.0M emplr
2022$104.8M · 2,087 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,027
Total administrative$71,027
The Yusen Logistics (Americas) Inc. 401(k) match · 2024
Employer contribution per active participant$1,935
Median for plans this size$3,635
2024$1,935 per active participant
2023$2,255 per active participant
2022$2,003 per active participant

Yusen Logistics (Americas) Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$71,027

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$71,027 · 0.05%
2023$43,125 · 0.04%
2022$37,319 · 0.03%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Nfi Industries, Inc. NJ$299.3M · 0.22%
Maher Terminals LLC NJ$132.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132618812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.