Toray Advanced Composites USA 401(k) match, vesting and fees
What Toray Advanced Composites USA'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Mersereau, Lazenby & Rockas (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Toray Advanced Composites USA: employer contribution per participant | $3,098 | |
| Peer median | $2,038 |
| Toray Advanced Composites USA: average balance | $103,018 | |
| Peer median | $72,907 |
| Toray Advanced Composites USA: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.20% |
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 $49.6M at the end of plan year 2021 to $58.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 591 | $58.2M | $1.8M | $3,098 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 576 | $49.4M | $1.6M | $2,893 | 0.05% | Not published | Form 5500 ↗ |
| 2022 | 590 | $41.4M | $1.5M | $2,748 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 562 | $49.6M | $1.3M | $2,440 | 0.03% | Not published | Form 5500 ↗ |
Common questions
Does Toray Advanced Composites USA match 401(k) contributions?
The match terms for the Toray Advanced Composites USA Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $1.8M in employer contributions, about $3,098 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Toray Advanced Composites USA 401(k) match vested?
The vesting schedule for the Toray Advanced Composites USA Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Toray Advanced Composites USA 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Toray Advanced Composites USA.
I left Toray Advanced Composites USA. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Toray Advanced Composites USA, (408) 465-8533) or the recordkeeper, Principal Life Insurance Company. The Toray Advanced Composites USA old 401(k) page lists the contacts from every plan filing. Find an old Toray Advanced Composites USA 401(k)
Data from the public Form 5500 annual reports Toray Advanced Composites USA 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 Toray Advanced Composites USA. Not financial advice. Report a correction · Methodology