Sony Corporation of America 401(k) Review & Grade
Sony USA 401(k) Plan
New York, NYManagement of Companies13,616 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$8,378Employer $ per active participant
$15,816Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$6.2BNet plan assets, end of year
$242,769Average balance per account
Score breakdown
- Employer generosity45.5 / 5091th percentile for employer $ per participant
- Low cost6.6 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving14.2 / 1595th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score66 / 100 · Grade B
This plan vs. peers
Peers: all industries, plans with 10,000+ active participants (fewer than 30 industry peers) (820 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 26th |
| Employee saving | 95th |
| Peers that auto-enroll | 50% |
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($1,789,911 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Sony Corporation of America put in about $8,378 per active participant, more than the typical peer ($2,229). 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.
- Direct plan expenses (0.16% of assets) are well above similar-size plans (0.09%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $114,076,896 |
| Participant (employee) contributions | $215,356,073 |
| Other contributions (incl. rollovers in) | $25,798,918 |
| Administrative expenses paid from the plan | $9,143,739 |
| Investment advisory & management fees | $6,283,004 |
| Other admin expenses | $1,314,470 |
| Benefits paid out | $457,745,908 |
| Net assets, start / end of year | $5.5B / $6.2B |
| Active participants, start / end of year | 13,894 / 13,338 |
| Participants with account balances | 25,568 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pricewaterhousecoopers LLP |
Largest service providers (Schedule C)
| Edelman Financial Engines, LLC | $1,204,369 reported compensation |
| Blackrock | $1,133,988 reported compensation |
| Loomis Sayles Trust Company | $1,074,012 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014110147NAL0001256851001, received 2025-10-14, EIN 13-1914734, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.
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