# Asahi Kasei America, INC. 401(k) Plan
Source: https://planprovider.pro/companies/asahi-kasei-america-inc-401k-plan

> Asahi Kasei America, INC.&#39;s 401(k) plan: 1,324 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Asahi Kasei America, INC.

- **Sponsor EIN:** 132698638

- **Sponsor Address:** 39525 MACKENZIE DRIVE, NOVI, MI, 48377

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

- **Total Participants:** 1,324

- **Total Assets:** $293.6M

## 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|1,324|$293.6M|$12.1M|$13.3M|

| 2023|1,394|$249.5M|$11.6M|$12.6M|

| 2022|1,312|$203.7M|$9.7M|$10.3M|

## 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|

| RENAISSANCE BENEFIT ADVISORS GROUP|INVESTMENT ADVISOR|$92,349|—|$92,349|

| TRANSAMERICA RETIREMENT SOLUTIONS|RECORDKEEPER|$81,334|—|$81,334|

| CARLSON QUINN|CONSULTANT|$58,000|—|$58,000|

| REHMANN ROBSON|AUDITOR|$25,000|—|$25,000|

| REHMANN ROBSON LLC|Auditor|$25,000|—|$25,000|

### Verified Provider Profiles

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

- [RENAISSANCE BENEFIT ADVISORS GROUP](https://planprovider.pro/provider/global-retirement-partners-llc) — INVESTMENT ADVISOR

- [TRANSAMERICA RETIREMENT SOLUTIONS](https://planprovider.pro/provider/transamerica) — RECORDKEEPER

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $281,683

- **Estimated Expense Ratio:** 0.096% 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|$256,683|$92,349|$58,000|$25,000|—|

| 2023|$245,867|$98,347|$55,325|$26,680|—|

| 2022|$363,058|$132,906|$103,952|—|$126,200|

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

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