Plan Snapshot
- Plan Sponsor: Yaskawa America, INC.
- Sponsor EIN: 362639378
- Sponsor Address: 2121 NORMAN DRIVE, WAUKEGAN, IL, 60085
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,875
- Total Assets: $436.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,875 | $436.7M | $0 | $0 |
| 2024 | 1,589 | $379.4M | $10.2M | $11.0M |
| 2023 | 1,611 | $345.3M | $9.3M | $10.3M |
| 2022 | 1,432 | $299.4M | $8.0M | $9.4M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | Recordkeeper | $186,195 | — | $186,195 |
| MORGAN STANLEY GLOBAL BANKING OPERA | Other Service Provider | $50,000 | — | $50,000 |
| PLANTE & MORAN, PLLC | Other Service Provider | $19,000 | — | $19,000 |
| ESLER & VANDERSCHAAFF CO., L.P.A | Other Service Provider | $18,250 | — | $18,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $273,445
- Estimated Expense Ratio: 0.063% 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 | $29,726,831 | $50,346 | — | $31,500 | — |
| 2024 | $459,343 | $50,000 | — | $18,000 | — |
| 2023 | $287,458 | $50,000 | — | $17,000 | — |
| 2022 | $266,747 | — | — | — | — |