Plan Ledger DOL Form 5500 · updated monthly

Awi Holdings, LLC401(k)

AUTO-WARES GROUP 401K SAVINGS PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Awi Holdings, LLC reported $240,214 in plan administrative expenses for 2024: 0.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $498 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 0.51% to 0.41%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 445th-largest of 2,619 plans among Michigan employers on file, and the 551st of 5,215 in retail trade. In 2024, employees put in $3.83 for every $1.00 the employer contributed; active participation has grown from 1,862 to 2,075 since 2022.

Plan summary
Net assets, end of year$61,841,399
Participants with balances1,811
Active participants2,075
Employer contributions$1,033,090
Employee contributions$3,953,186
Employer contribution per active participant$498
Average account balance$34,148
Benefits paid to participants$6,793,035
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.8M · 1,811 accts · $1.0M emplr
2023$55.9M · 1,832 accts · $1.0M emplr
2022$49.2M · 1,719 accts · $960K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$240,214
Total administrative$240,214
The Awi Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$498
Median for plans this size$3,635
2024$498 per active participant
2023$495 per active participant
2022$516 per active participant

Awi Holdings, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$240,214
THE PATRIOT FINANCIAL GROUP, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$240,214 · 0.41%
2023$233,478 · 0.44%
2022$267,645 · 0.51%
Same employer
Similar plansRetail Trade · Michigan
General Rv Centers, Inc. MI$77.4M · 0.39%
Zeigler Auto Group, Inc. MI$72.9M · 0.70%
Abc Appliance, Inc. MI$69.7M · 0.04%
Lafontaine Motors, Inc. MI$58.2M · 0.43%
Stockx LLC MI$49.7M · 0.19%
Inalfa Roof Systems, Inc. MI$46.7M · 0.22%
Greenmark Equipment, LLC MI$43.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203778359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.