Nippon Express U.S.A, Inc 401(k) Review & Grade
Nippon Express U.S.A., Inc. Group 401(k) Plan
Wood Dale, ILTransportation & Warehousing2,078 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,115Employer $ per active participant
$3,212Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$146.0MNet plan assets, end of year
$57,042Average balance per account
Score breakdown
- Employer generosity25.8 / 5052th percentile for employer $ per participant
- Low cost14.4 / 2558th percentile for low admin cost vs. same-size plans
- Employee saving8.1 / 1554th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 52th |
| Lower admin cost | 58th |
| Employee saving | 54th |
| Peers that auto-enroll | 37% |
Get the monthly 401(k) report card
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Red flags from the filing
Corrective distributions: the plan refunded $13,599 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Nippon Express U.S.A put in about $1,115 per active participant, more than the typical peer ($1,070). 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 | $2,316,810 |
| Participant (employee) contributions | $6,674,821 |
| Other contributions (incl. rollovers in) | $409,146 |
| Administrative expenses paid from the plan | $251,755 |
| Contract administrator fees | $251,755 |
| Benefits paid out | $13,655,828 |
| Net assets, start / end of year | $134.1M / $146.0M |
| Active participants, start / end of year | 2,117 / 2,039 |
| Participants with account balances | 2,560 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpa's P.C. |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $258,896 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014160200NAL0001656035001, received 2025-10-14, EIN 13-1971441, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.