Toyota Motor North America 401(k) match, vesting and fees

Plan year 2024 filingToyota Motor North America, Inc. Retirement Savings Plan · Plan 002 · EIN 95-3141669Updated Oct 2026

What Toyota Motor North America's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $383M in employer contributions, about $7,443 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$259,232
Average account balance
52,440
Participants (end of year)
$13.3B
Plan assets (end of year)
0.03%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorBaker Tilly US LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 37 defined-contribution plans with 50,000 or more participants.

Toyota Motor North America: employer contribution per participant$7,443
Peer median$2,100
Toyota Motor North America: average balance$259,232
Peer median$77,284
Toyota Motor North America: admin expenses ÷ assets0.03%
Peer median0.05%

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 $11.9B at the end of plan year 2023 to $13.3B at the end of plan year 2024.

$11.9B2023$13.3B2024
End-of-year figures from each plan year's Form 5500 filing for the Toyota Motor North America plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
202452,440$13.3B$383M$7,4430.03%Not publishedForm 5500 ↗
202352,368$11.9B$340M$6,7040.04%Not publishedForm 5500 ↗

Other Toyota Motor North America plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Toyota Motor Sales, U.S.A., Inc. Pension Plan

Plan 003 · EIN 95-3141669 · plan year 2024 filing
$312,860
Average account balance
14,281
Participants (end of year)
$4.5B
Plan assets (end of year)
0.28%
Admin expenses ÷ assets

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.

RecordkeeperConduent Human Resource ServicesSchedule C ↗
Independent auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does Toyota Motor North America match 401(k) contributions?

The match terms for the Toyota Motor North America, Inc. Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $383M in employer contributions, about $7,443 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Toyota Motor North America 401(k) match vested?

The vesting schedule for the Toyota Motor North America, Inc. Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Toyota Motor North America 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Toyota Motor North America, Inc. North American Benefits Committee.

I left Toyota Motor North America. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Toyota Motor North America, Inc. North American Benefits Committee, (877) 248-1635) or the recordkeeper, Fidelity Investments Institutional. The Toyota Motor North America old 401(k) page lists the contacts from every plan filing. Find an old Toyota Motor North America 401(k)

Data from the public Form 5500 annual reports Toyota Motor North America filed with the U.S. Department of Labor (plan years 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 Toyota Motor North America. Not financial advice. Report a correction · Methodology