Plan Snapshot
- Plan Sponsor: American Honda Motor Co., INC.
- Sponsor EIN: 952041006
- Sponsor Address: 24025 HONDA PARKWAY, MARYSVILLE, OH, 43040
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 0
- Total Assets: $18.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $18.2M | $15.6M | $25.8M |
| 2023 | 0 | $15.7M | $15.5M | $28.0M |
| 2022 | 0 | $11.5M | $11.6M | $28.4M |
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 |
|---|---|---|---|---|
| UMR | Other Service Provider | $1,706,633 | — | $1,706,633 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $726,654 | — | $726,654 |
| QUANTUM | Other Service Provider | $641,708 | — | $641,708 |
| BLUE CROSS BLUE SHIELD | Other Service Provider | $222,267 | — | $222,267 |
| CAREMARK | Other Service Provider | $69,159 | — | $69,159 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,366,421
- Estimated Expense Ratio: 18.521% 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 | $3,631,936 | — | $3,366,421 | — | — |
| 2023 | $3,590,252 | — | $3,590,252 | — | — |
| 2022 | $3,572,352 | — | $3,572,352 | — | — |