Department of Labor filing

NORITSU AMERICA CORPORATION

NORITSU AMERICA CORPORATION SAVINGS/RETIREMENT PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Apr 20, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

44filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,630

Reported employer contributions per active participant.

Higher than about 33% of comparable plans

#People in the filing

Active participants reported for 2024.

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

¢Visible plan-paid fees

$77 / participant

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

Lower cost than about 69% of comparable plans

↗Investment performance

Not available

Plan assets changed -7.8%, 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 · 202444out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions33rd percentileTypical peer $2,507 · based on 121 comparable plans

Lower reported administrative expense69th percentileTypical peer $146 · based on 129 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, NORITSU AMERICA CORPORATION reported $156,476 in employer contributions across the plan and 96 active participants. That works out to $1,630 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 proxy59%

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 trendUp 24.5%

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

Expense trendDown 68.2%

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

Peer context44/100

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: $156,476
Participant contributions: $590,044
Other contributions: $0
Employer share of reported contributions: 21.0%
Beginning assets: $30,306,186
Ending assets: $27,932,661
Ending net assets: $27,932,661
Ending liabilities: $0
Total income: $4,796,641
Total expenses: $7,170,166
Administrative expenses: $15,535
Participant loans: $256,643

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

$1,309

2023

$1,407

2024

$1,630

Plan-paid administrative expenses per participant

2022

$242

2023

$166

2024

$77

Active participants

2022

140

2023

125

2024

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,630	96	27.9M	20260420101420NAL0002645186001
2023	$1,407	125	30.3M	20241011125108NAL0010929539001
2022	$1,309	140	26.6M	20231010134315NAL0037777136001

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: 0.9%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 953308920-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jun 1, 1980
Industry: Wholesale trade
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3H3J

Current plan terms

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Filing ACK_ID20260420101420NAL0002645186001

Data sourceDOL Form 5500 bulk data ↗

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