Plan Ledger DOL Form 5500 · updated monthly

Autokiniton US Holdings, Inc.401(k)

AUTOKINITON RETIREMENT SAVINGS PLAN · NEW BOSTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Autokiniton US Holdings, Inc. reported $315,409 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $1,846 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 rose from 0.07% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 107th-largest of 2,619 plans among Michigan employers on file, and the 848th of 13,661 in manufacturing. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$302,370,313
Participants with balances4,733
Active participants4,029
Employer contributions$7,437,181
Employee contributions$19,169,442
Employer contribution per active participant$1,846
Average account balance$63,886
Benefits paid to participants$27,782,129
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$302.4M · 4,733 accts · $7.4M emplr
2023$265.0M · 5,162 accts · $6.9M emplr
2022$225.0M · 4,473 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,021
Investment management$53,824
Audit (IQPA)$15,624
Total administrative$315,409
The Autokiniton US Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,846
Median for plans this size$4,294
2024$1,846 per active participant
2023$1,728 per active participant
2022$984 per active participant

Autokiniton US Holdings, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$194,466
TOWERS WATSON INVESTMENT SERVICES I$89,940
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$46,767
BAKER TILLY US LLP · Accounting / audit$15,619
COPYTWO INC DBA DOLLAR BILL PRINTIN$7,057
DOEREN MAYHEW & CO., P.C. · Accounting / audit$5

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$315,409 · 0.11%
2023$224,310 · 0.09%
2022$159,184 · 0.07%
All plans at this employer2
AUTOKINITON RETIREMENT SAVINGS PLAN401(k)
AUTOKINITON UNION RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Michigan
La-Z-Boy Incorporated MI$351.3M · 0.23%
Trelleborg Corporation MI$322.2M · 0.15%
Carhartt, Inc. MI$300.4M · 0.08%
Zf Passive Safety US Inc. MI$298.8M · 0.01%
Nsk Americas, Inc. MI$280.6M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 825285212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.