Eftec North America LLC401(k)
EFTEC SAVINGS PLAN · TAYLOR, MI · plan year 2020
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Eftec North America LLC reported $31,319 in plan administrative expenses for 2020: 0.20% of average plan assets, below the peer median. Employer contributions averaged $5,052 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 fell from 0.20% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 106 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,181st-largest of 2,619 plans among Michigan employers on file, and the 6,699th of 13,661 in manufacturing. In 2020, employees put in $1.16 for every $1.00 the employer contributed.
Eftec North America LLC's 2020 employer contribution ran above the $1,627 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 383339877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.