Plan Ledger DOL Form 5500 · updated monthly

Brembo North America, Inc.401(k)

BREMBO NORTH AMERICA, INC. EMPLOYEES' 401(K) RETIREMENT SAVINGS PLAN · PLYMOUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Brembo North America, Inc. reported $135,577 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,309 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 0.33% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 439th-largest of 2,619 plans among Michigan employers on file, and the 657th of 4,246 in wholesale trade. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 631 to 732 since 2022.

Plan summary
Net assets, end of year$62,960,928
Participants with balances875
Active participants732
Employer contributions$2,422,050
Employee contributions$4,654,670
Employer contribution per active participant$3,309
Average account balance$71,955
Benefits paid to participants$6,436,970
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.0M · 875 accts · $2.4M emplr
2023$53.9M · 785 accts · $2.2M emplr
2022$44.0M · 752 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,577
Investment management$60,000
Total administrative$135,577
The Brembo North America, Inc. 401(k) match · 2024
Employer contribution per active participant$3,309
Median for plans this size$3,635
2024$3,309 per active participant
2023$3,224 per active participant
2022$3,323 per active participant

Brembo North America, Inc.'s 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$75,577
NFP RETIREMENT INC · Investment advisory (plan)$60,000

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$135,577 · 0.23%
2023$87,765 · 0.18%
2022$163,495 · 0.33%
Same employer
Similar plansWholesale Trade · Michigan
Haviland Enterprises, Inc. MI$108.2M · 0.09%
Purity Cylinder Gases, Inc. MI$70.4M · 0.34%
The Macomb Group, Inc. MI$52.1M · 0.31%
Ford Component Sales, LLC MI$52.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954190804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.