Plan Ledger DOL Form 5500 · updated monthly

Avl Michigan Holding Corporation401(k)

AVL NORTH AMERICA, INC. 401(K) PLAN · PLYMOUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Avl Michigan Holding Corporation reported $111,963 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $6,237 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 0.06% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 193rd-largest of 2,619 plans among Michigan employers on file, and the 1,403rd of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has shrunk from 583 to 505 since 2022.

Plan summary
Net assets, end of year$151,978,774
Participants with balances844
Active participants505
Employer contributions$3,149,815
Employee contributions$5,762,150
Employer contribution per active participant$6,237
Average account balance$180,070
Benefits paid to participants$16,637,484
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$152.0M · 844 accts · $3.1M emplr
2023$139.8M · 875 accts · $3.3M emplr
2022$125.6M · 1,085 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,700
Investment management$99,413
Total administrative$111,963
The Avl Michigan Holding Corporation 401(k) match · 2024
Employer contribution per active participant$6,237
Median for plans this size$3,635
2024$6,237 per active participant
2023$6,056 per active participant
2022$5,579 per active participant

Avl Michigan Holding Corporation's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$76,987
AVL MICHIGAN HOLDING CORPORATION$21,250
GLOBAL RETIREMENT PARTNERS LLCindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$111,963 · 0.08%
2023$83,196 · 0.06%
2022$84,365 · 0.06%
Similar plansManufacturing · Michigan
Phinia Inc. MI$158.4M · 0.03%
Pvs MI$158.0M · 0.01%
Leco Corporation MI$154.2M · 0.20%
Tram, Inc. MI$148.7M · 0.04%
Edw. C. Levy Co. MI$148.6M · 0.12%
West Michigan Molding, Inc. MI$148.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383164257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.