Kyocera International 401(k) match, vesting and fees
What Kyocera International's 401(k) plan says about matching contributions
The Plan Sponsor may make discretionary matching contributions in such amounts as may be determined by the Plan Sponsor’s Retirement Committee each Plan year. The Plan Sponsor made discretionary matching contributions of 50% of participant contributions to all investment choices up to 5% of the participant’s eligible compensation in 2024 and 2023.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 32 ↗ |
| Automatic enrollment | The Plan also contains a default automatic enrollment feature that automatically enrolls participants at a 5% deferral rate, with annual 1% contribution increases up to a maximum of 12%. | Audit report, p. 32 ↗ |
| Loans | The Plan provides that participants may obtain loans from their participant account. The minimum loan amount is $1,000 and the maximum is 50% of their account balance up to $50,000. The term of the loan is not to exceed 20 years for mortgage loans or 5 years for nonmortgage loans. The loans are collateralized by the balance in the participant’s account. Loans bear interest at a rate commensurate with local prevailing rates as determined quarterly by the Plan administrator. The range of rates within the loan portfolio was 4.25% to 9.5% during 2024 with maturities through February 2042. As of December 31, 2024, the loan rate was 8.5%. | Audit report, p. 33 ↗ |
| Recordkeeper | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Crowe LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 159 defined-contribution plans in management of companies and enterprises with 1,000 to 4,999 participants.
| Kyocera International: employer contribution per participant | $1,474 | |
| Peer median | $2,554 |
| Kyocera International: average balance | $165,826 | |
| Peer median | $101,397 |
| Kyocera International: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.10% |
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 $277M at the end of plan year 2021 to $274M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,662 | $274M | $2.4M | $1,474 | 0.03% | Quoted in the audit report, p. 32 ↗ | Form 5500 ↗ |
| 2023 | 1,773 | $253M | $2.2M | $1,246 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 1,791 | $232M | $2.1M | $1,180 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 1,764 | $277M | $2M | $1,129 | 0.08% | Not published | Form 5500 ↗ |
Other Kyocera International plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Pension Plan for Non-Bargaining Unit Employees of Kyocera International, Inc. & Participating Companies
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 | Transamerica | Schedule C ↗ |
| Independent auditor | Crowe LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Kyocera International match 401(k) contributions?
The audit report attached to the Kyocera Retirement Savings Plan's plan year 2024 Form 5500, page 32 says: “The Plan Sponsor may make discretionary matching contributions in such amounts as may be determined by the Plan Sponsor’s Retirement Committee each Plan year. The Plan Sponsor made discretionary matching contributions of 50% of participant contributions to all investment choices up to 5% of the participant’s eligible compensation in 2024 and 2023.” Plan terms may have changed; check your current Summary Plan Description.
When is the Kyocera International 401(k) match vested?
The vesting schedule for the Kyocera Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Kyocera International 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Kyocera International, Inc..
I left Kyocera International. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Kyocera International, Inc., (858) 576-2736) or the recordkeeper, Transamerica Retirement Solutions. The Kyocera International old 401(k) page lists the contacts from every plan filing. Find an old Kyocera International 401(k)
Data from the public Form 5500 annual reports Kyocera International 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 Kyocera International. Not financial advice. Report a correction · Methodology