Yaskawa America, Inc. 401(k) Review & Grade
Yaskawa America, Inc. 401(k) Plan
Waukegan, ILManufacturing1,600 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,368Employer $ per active participant
$6,900Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$379.4MNet plan assets, end of year
$234,918Average balance per account
Score breakdown
- Employer generosity44.6 / 5089th percentile for employer $ per participant
- Low cost17.0 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving10.9 / 1572th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 68th |
| Employee saving | 72th |
| Peers that auto-enroll | 59% |
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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
- Yaskawa America put in about $6,368 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 | $10,188,867 |
| Participant (employee) contributions | $11,039,916 |
| Other contributions (incl. rollovers in) | $497,201 |
| Administrative expenses paid from the plan | $459,343 |
| Investment advisory & management fees | $50,000 |
| Other admin expenses | $207,370 |
| Benefits paid out | $37,623,891 |
| Net assets, start / end of year | $345.3M / $379.4M |
| Active participants, start / end of year | 1,611 / 1,589 |
| Participants with account balances | 1,615 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $183,973 reported compensation |
| Morgan Stanley Global Banking Opera | $50,000 reported compensation |
| Plante & Moran, PLLC | $18,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250826145527NAL0004495059001, received 2025-08-26, EIN 36-2639378, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.