Plan Snapshot
- Plan Sponsor: Ngk Electronics Usa, INC.
- Sponsor EIN: 731640190
- Sponsor Address: 221 WARREN AVE, FREMONT, CA, 94539
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,181
- Total Assets: $80.9M
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. |
|---|---|---|---|---|
| 2025 | 1,181 | $80.9M | $0 | $0 |
| 2024 | 803 | $68.7M | $1.8M | $5.9M |
| 2023 | 768 | $59.0M | $1.7M | $5.7M |
| 2022 | 1,027 | $52.1M | $1.9M | $6.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $24,343 | — | $24,343 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,343
- Estimated Expense Ratio: 0.030% 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 |
|---|---|---|---|---|---|
| 2025 | $5,447,318 | $4,068 | — | — | — |
| 2024 | $16,942 | $914 | $2,850 | — | — |
| 2023 | $25,780 | — | $24,515 | — | — |
| 2022 | $22,280 | — | $20,955 | — | — |