Plan Ledger DOL Form 5500 · updated monthly

Advanced Vehicle Assemblies LLC401(k)

GLOBAL AUTOMOTIVE SYSTEMS 401(K) RETIREMENT PLAN · ROCHESTER HILLS, MI · plan year 2022

Reported admin expense ratio · 2022
0.49%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Advanced Vehicle Assemblies LLC reported $114,037 in plan administrative expenses for 2022: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,773 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.49% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,029th-largest of 2,619 plans among Michigan employers on file, and the 5,904th of 13,661 in manufacturing. In 2022, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,158,192
Participants with balances474
Active participants349
Employer contributions$618,716
Employee contributions$1,118,763
Employer contribution per active participant$1,773
Average account balance$42,528
Benefits paid to participants$3,387,804
Plan auditUnmodified (clean) audit opinion
AuditorYEO AND YEO PC
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 471 accts · $431K emplr
2023$18.0M · 408 accts · $574K emplr
2022$20.2M · 474 accts · $619K emplr
Administrative expenses, itemized · 2022
Investment management$89
Total administrative$114,037
The Advanced Vehicle Assemblies LLC 401(k) match · 2022
Employer contribution per active participant$1,773
Median for plans this size$2,266
2024$1,147 per active participant
2023$2,028 per active participant
2022$1,773 per active participant

Advanced Vehicle Assemblies LLC's 2022 employer contribution ran below the $2,266 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$83,318 · 0.46%
2023$99,687 · 0.52%
2022$114,037 · 0.49%
Same employer
Similar plansManufacturing · Michigan
Roman Manufacturing, Inc. MI$20.6M · 0.37%
Valiant International, Inc. MI$20.6M · 0.01%
Manthei, Inc. MI$20.1M · 0.39%
Mssc, Inc. MI$20.0M · 0.00%
Innotec Corp MI$19.9M · 0.04%
Lanzen, Inc. MI$19.8M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 862730587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.