Plan Snapshot
- Plan Sponsor: Toyota Motor North America, INC.
- Sponsor EIN: 953141669
- Sponsor Address: 6565 HEADQUARTERS DRIVE, W1-3C, PLANO, TX, 75204
- Plan Type: 401(k)
- Plan Number: 506
- Total Participants: 2,404
- Total Assets: $320.4M
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 | 2,404 | $320.4M | $32.8M | $0 |
| 2023 | 2,387 | $270.2M | $13.8M | $0 |
| 2022 | 2,275 | $235.8M | $29.7M | $0 |
| 2019 | 1,739 | $203.5M | $8.8M | $0 |
| 2018 | 1,631 | $173.0M | $6.3M | $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 |
|---|---|---|---|---|
| NORTHERN TRUST COMPANY | Other Service Provider | $597,011 | — | $597,011 |
| MOSS ADAMS LLP | Other Service Provider | $68,011 | — | $68,011 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $665,022
- Estimated Expense Ratio: 0.208% 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 | $5,010,279 | — | — | $68,011 | — |
| 2023 | $2,677,797 | — | — | $48,080 | — |
| 2022 | $2,241,359 | — | — | — | $53,980 |
| 2019 | $3,000,232 | — | — | — | $391,264 |
| 2018 | $2,890,401 | — | — | — | $431,111 |