Daiwa Capital Markets America 401(k) match, vesting and fees
What Daiwa Capital Markets America's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davies, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Daiwa Capital Markets America: employer contribution per participant | $6,971 | |
| Peer median | $2,868 |
| Daiwa Capital Markets America: average balance | $345,381 | |
| Peer median | $95,281 |
| Daiwa Capital Markets America: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $160M at the end of plan year 2021 to $155M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 465 | $155M | $3.1M | $6,971 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 473 | $149M | $3.2M | $6,946 | 0.02% | Not published | Form 5500 ↗ |
| 2022 | 470 | $138M | $3.1M | $6,746 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 469 | $160M | $2.9M | $6,426 | 0.02% | Not published | Form 5500 ↗ |
Common questions
Does Daiwa Capital Markets America match 401(k) contributions?
The match terms for the Daiwa Capital Markets America Inc. Retirement Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $3.1M in employer contributions, about $6,971 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Daiwa Capital Markets America 401(k) match vested?
The vesting schedule for the Daiwa Capital Markets America Inc. Retirement Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Daiwa Capital Markets America 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Daiwa Capital Markets America Inc..
I left Daiwa Capital Markets America. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Daiwa Capital Markets America Inc., (212) 612-6424) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Daiwa Capital Markets America old 401(k) page lists the contacts from every plan filing. Find an old Daiwa Capital Markets America 401(k)
Data from the public Form 5500 annual reports Daiwa Capital Markets America filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Daiwa Capital Markets America. Not financial advice. Report a correction · Methodology