Cardington Yutaka Technologies, Inc. 401(k) Review & Grade
Yutaka Technologies 401(k) Retirement Plan
Cardington, OHManufacturing745 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,474Employer $ per active participant
$2,452Employee $ saved per active participant
0.42%Direct admin cost, % of plan assets
$29.8MNet plan assets, end of year
$35,304Average balance per account
Score breakdown
- Employer generosity15.2 / 5030th percentile for employer $ per participant
- Low cost7.1 / 2529th percentile for low admin cost vs. same-size plans
- Employee saving2.5 / 1517th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score35 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 30th |
| Lower admin cost | 29th |
| Employee saving | 17th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Cardington Yutaka Technologies put in about $1,474 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.42% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $1,098,257 |
| Participant (employee) contributions | $1,826,683 |
| Other contributions (incl. rollovers in) | $38,112 |
| Administrative expenses paid from the plan | $119,907 |
| Contract administrator fees | $89,652 |
| Investment advisory & management fees | $30,255 |
| Benefits paid out | $3,063,099 |
| Net assets, start / end of year | $26.9M / $29.8M |
| Active participants, start / end of year | 693 / 797 |
| Participants with account balances | 844 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Holbrook & Manter |
Largest service providers (Schedule C)
| John Hancock | $89,652 reported compensation |
| Everhart Advisors | $30,255 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010143945NAL0007887521001, received 2025-10-10, EIN 31-1428274, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.