Plan Ledger DOL Form 5500 · updated monthly

Benteler Automotive Corporation401(k)

BENTELER AUTOMOTIVE CORPORATION SAVINGS/ RETIREMENT PLAN · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Benteler Automotive Corporation reported $394,984 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $4,035 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 3 years on file its reported administrative ratio has held roughly steady near 0.23%. 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 163rd-largest of 2,619 plans among Michigan employers on file, and the 1,271st of 13,661 in manufacturing. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$177,531,090
Participants with balances1,794
Active participants1,341
Employer contributions$5,411,371
Employee contributions$8,289,869
Employer contribution per active participant$4,035
Average account balance$98,958
Benefits paid to participants$22,731,437
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$177.5M · 1,794 accts · $5.4M emplr
2023$165.2M · 1,897 accts · $5.5M emplr
2022$144.8M · 1,995 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$256,258
Investment management$118,024
Audit (IQPA)$20,702
Total administrative$394,984
The Benteler Automotive Corporation 401(k) match · 2024
Employer contribution per active participant$4,035
Median for plans this size$3,635
2024$4,035 per active participant
2023$4,022 per active participant
2022$3,940 per active participant

Benteler Automotive 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.

Administrative cost history3
2024$394,984 · 0.23%
2023$364,417 · 0.24%
2022$352,678 · 0.22%
All plans at this employer2
BENTELER AUTOMOTIVE CORPORATION SAVINGS/ RETIREMENT PLAN401(k)
BENTELER AUTOMOTIVE CORPORATION HOLLAND UNION SAVINGS/RETIREMENT PLAN401(k)
Same employer
Similar plansManufacturing · Michigan
Wolverine World Wide, Inc. MI$202.0M · 0.31%
Shape Corp Biosolutions, LLC MI$180.3M · 0.16%
Durr, Inc. MI$176.3M
Jr Technology Group, LLC MI$171.6M · 0.15%
Webasto Roof Systems Inc. MI$166.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310995787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.