Plan Snapshot
- Plan Sponsor: American Honda Motor Company, INC.
- Sponsor EIN: 952041006
- Sponsor Address: 1919 TORRANCE BLVD, TORRANCE, CA, 905012746
- Plan Type: 401(k)
- Total Participants: 30,998
- Total Assets: $6.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 30,998 | $6.3B | $246.4M | $266.1M |
| 2023 | 29,610 | $5.5B | $213.3M | $222.2M |
| 2022 | 34,918 | $4.7B | $179.1M | $200.6M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $1,533,322 | — | $1,533,322 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $995,530 | — | $995,530 |
| AON INVESTMENTS USA INC. | CONSULTANT | $202,037 | — | $202,037 |
| RSM US LLP | ACCOUNTANT/AUDITOR | $63,210 | — | $63,210 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- RSM US LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,794,099
- Estimated Expense Ratio: 0.044% 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 | $2,785,335 | $1,533,322 | — | $63,210 | — |
| 2023 | $2,339,101 | $1,254,832 | — | $60,165 | — |
| 2022 | $2,679,291 | $1,175,012 | — | — | — |