# Amada North America, INC. 401(k) Plan
Source: https://planprovider.pro/companies/amada-north-america-inc-401k-plan

> Amada North America, INC.&#39;s 401(k) plan: 927 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Amada North America, INC.

- **Sponsor EIN:** 910862945

- **Sponsor Address:** 7025 FIRESTONE BLVD, BUENA PARK, CA, 90621

- **Plan Type:** 401(k)

- **Total Participants:** 927

- **Total Assets:** $151.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|927|$151.8M|$3.8M|$5.1M|

| 2023|867|$137.1M|$3.1M|$4.7M|

| 2022|813|$121.5M|$2.6M|$4.3M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| EMPOWER ANNUITY INSURANCE COMPANY O|RECORDKEEPER|$55,011|—|$55,011|

| MULTNOMAH GROUP INC|INVESTMENT ADVISOR|$26,167|—|$26,167|

| MILLER KAPLAN ARASE LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MULTNOMAH GROUP INC](https://planprovider.pro/provider/multnomah-group) — INVESTMENT ADVISOR

- [MILLER KAPLAN ARASE LLP](https://planprovider.pro/provider/miller-kaplan-arase-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $81,178

- **Estimated Expense Ratio:** 0.053% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$88,142|$32,956|$13,298|—|—|

| 2023|$130,210|$25,530|$79,576|—|—|

| 2022|$68,197|$24,908|$41,614|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/amada-north-america-inc-401k-plan)

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