Ajinomoto Health & Nutrition North America Inc., 401(k) Review & Grade
Ajinomoto Health & Nutrition North America, Inc. 401(k) Plan
Itasca, ILWholesale Trade802 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,000Employer $ per active participant
$9,136Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$131.5MNet plan assets, end of year
$133,010Average balance per account
Score breakdown
- Employer generosity45.9 / 5092th percentile for employer $ per participant
- Low cost14.6 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving13.7 / 1592th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score84 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 92th |
| Lower admin cost | 59th |
| Employee saving | 92th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Ajinomoto Health & Nutrition North America Inc., put in about $6,000 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,808,744 |
| Participant (employee) contributions | $7,322,395 |
| Other contributions (incl. rollovers in) | $718,839 |
| Administrative expenses paid from the plan | $218,557 |
| Contract administrator fees | $19,408 |
| Investment advisory & management fees | $55,000 |
| Other admin expenses | $48,991 |
| Benefits paid out | $13,335,829 |
| Net assets, start / end of year | $117.2M / $131.5M |
| Active participants, start / end of year | 772 / 831 |
| Participants with account balances | 989 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Lutz & Company PC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $93,266 reported compensation |
| Creative Planning LLC | $55,000 reported compensation |
| Lutz & Company PC | $21,300 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251001074405NAL0012892753001, received 2025-10-01, EIN 47-2979265, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.