Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Asahi/america
Asahi/america 401(k)
- Wholesale trade
- Lawrence, MA
- EIN 04-2621836
- 1 plan with Schedule H financials
- Plan year 2024
- Asahi/america, Inc
- SEC registrant Asahi America Inc
Administrative expenses excluding investment management, per participant · Asahi/america 401(k) Plan · plan year 2024
$23.83
Higher than 15% of the 24,371 plans $10 to 50M that report it.
Source
= $6,576 / 276
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015102209NAL0002235251001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015102209NAL0002235251001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Cost and contributions
Administrative expenses per participant
$66.94
Higher than 20% of the 25,098 plans $10 to 50M that report it.
Source
= $18,476 / 276
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015102209NAL0002235251001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015102209NAL0002235251001, received 2025-10-15
Administrative expenses as a share of assets
0.077%
Higher than 17% of the 25,132 plans $10 to 50M that report it.
Source
= $18,476 / $24,142,440
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015102209NAL0002235251001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015102209NAL0002235251001, received 2025-10-15
Employer contributions per participant
$3,232
Higher than 76% of the 24,050 plans $10 to 50M that report it.
Source
= $892,098 / 276
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015102209NAL0002235251001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015102209NAL0002235251001, received 2025-10-15
Employer share of total contributions
29.4%
Higher than 55% of the 24,084 plans $10 to 50M that report it.
Source
= $892,098 / $3,032,930
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015102209NAL0002235251001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015102209NAL0002235251001, received 2025-10-15
Plan terms, as stated in Asahi/america, Inc's SEC filings
Plan terms are described in Asahi/america, Inc's SEC filings: Form 10-K filed 1999-03-24. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015102209NAL0002235251001, received 2025-10-15
Full record, Asahi/america 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ASAHI/AMERICA, INC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Plan name | ASAHI/AMERICA 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Sponsor EIN / plan number | 04-2621836 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Sponsor location | LAWRENCE, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Industry (business code) | 423700, Wholesale trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Participants, beginning of year | 263 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Active participants | 193 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Participants, end of year | 281 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Participants with an account balance | 276 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Total assets, beginning of year | $21,788,520 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Total assets, end of year | $24,142,440 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Net assets, end of year | $24,142,440 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Total income | $5,585,988 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Net income | $2,353,920 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Employer contributions | $892,098 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Participant contributions | $1,346,898 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $793,934 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Total contributions | $3,032,930 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Benefit payments | $3,207,219 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $3,232,068 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Total administrative expenses | $18,476 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Contract administrator fees | $5,476 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Investment advisory and management fees | $11,900 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Administrative expenses excluding investment management | $6,576 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Held in mutual funds | $22,096,252 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015102209NAL0002235251001, received 2025-10-15 |
| Independent auditor | CARON AND BLETZER, PLIC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015102209NAL0002235251001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015102209NAL0002235251001, received 2025-10-15.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| CARON AND BLETZER | SERVICE PROVIDER | 99 Other fees | $11,900 | no |
| VOYA RETIREMENT INSURANCE & ANNUITYrecordkeeper | SERVICE PROVIDER | 64 Recordkeeping fees | $5,476 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015102209NAL0002235251001, received 2025-10-15.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $21,788,520 | $24,142,440 | 10.8% |
| Participants with a balance | 252 | 276 | 9.5% |
| Administrative expenses | $16,438 | $18,476 | 12.4% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $687,570 | $892,098 | 29.7% |
Prior filing 20241015120349NAL0029523937001, received 2024-10-15; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: ASAHI/AMERICA, INC; SEC registrant: ASAHI AMERICA INC (CIK 906873, matched by EIN).