Department of Labor filing

MATSUO INDUSTRIES USA, INC.

401(K) PLAN FOR EMPLOYEES OF MATSUO INDUSTRIES USA, INC. · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 13, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

32filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,005

Reported employer contributions per active participant.

Higher than about 24% of comparable plans

#People in the filing

130

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$139 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 50% of comparable plans

↗Investment performance

Not available

Plan assets changed 13.1%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202432out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions24th percentileTypical peer $1,654 · based on 455 comparable plans

Lower reported administrative expense50th percentileTypical peer $138 · based on 457 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, MATSUO INDUSTRIES USA, INC. reported $130,701 in employer contributions across the plan and 130 active participants. That works out to $1,005 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy90%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 1.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 120.7%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context32/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $130,701
Participant contributions: $241,493
Other contributions: $0
Employer share of reported contributions: 35.1%
Beginning assets: $4,045,093
Ending assets: $4,573,668
Ending net assets: $4,573,668
Ending liabilities: $0
Total income: $849,587
Total expenses: $321,012
Administrative expenses: $20,642
Participant loans: $257,512

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,021

2023

$842

2024

$1,005

Plan-paid administrative expenses per participant

2022

$63

2023

$91

2024

$139

Active participants

2022

136

2023

138

2024

130

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,005	130	4.6M	20251013092825NAL0001594752001
2023	$842	138	4M	20241008140540NAL0028886192001
2022	$1,021	136	3.4M	20231013102918NAL0066580610001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 5.6%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 561874927-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1995
Industry: Industry group 336
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2G2J2K2T3D

Current plan terms

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Filing ACK_ID20251013092825NAL0001594752001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗