Advantest America, Inc. 401(k) Review & Grade
Advantest America, Inc. Saving Plan
San Jose, CAManufacturing1,290 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,860Employer $ per active participant
$12,427Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$450.2MNet plan assets, end of year
$308,386Average balance per account
Score breakdown
- Employer generosity45.4 / 5091th percentile for employer $ per participant
- Low cost24.6 / 2599th percentile for low admin cost vs. same-size plans
- Employee saving14.3 / 1595th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score84 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 99th |
| Employee saving | 95th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,994 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Advantest America put in about $6,860 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $8,849,659 |
| Participant (employee) contributions | $16,031,435 |
| Other contributions (incl. rollovers in) | $3,136,630 |
| Administrative expenses paid from the plan | $25,834 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $72,528 |
| Other admin expenses | $826 |
| Benefits paid out | $27,922,143 |
| Net assets, start / end of year | $377.3M / $450.2M |
| Active participants, start / end of year | 1,283 / 1,297 |
| Participants with account balances | 1,460 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $72,528 reported compensation |
| Moss Adams LLP | $33,653 reported compensation |
| Fidelity Investments Institutional | −$81,098 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250818104638NAL0001135425001, received 2025-08-18, EIN 20-4242678, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.