Plan Snapshot
- Plan Sponsor: American Honda Motor Company, INC.
- Sponsor EIN: 952041006
- Sponsor Address: 1919 TORRANCE BOULEVARD, TORRANCE, CA, 905012746
- Plan Type: DB
- Plan Number: 334
- Total Participants: 8,093
- Total Assets: $3.3B
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 | 8,093 | $3.3B | $41.3M | $0 |
| 2023 | 8,401 | $3.4B | $50.0M | $0 |
| 2022 | 8,837 | $3.6B | $60.0M | $0 |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $1,273,164 | $1,184 | $1,274,348 |
| MERCER | Investment Advisor | $313,799 | — | $313,799 |
| NORTHERN TRUST COMPANY | Other Service Provider | $115,288 | — | $115,288 |
| MOSS ADAMS | Other Service Provider | $70,000 | — | $70,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- MERCER — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,773,435
- Estimated Expense Ratio: 0.054% 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 | $8,816,508 | — | — | — | — |
| 2023 | $17,051,295 | — | — | — | — |
| 2022 | $14,229,614 | — | — | — | — |