Plan Ledger DOL Form 5500 · updated monthly

Elringklinger Automotive Manufacturing, Inc.401(k)

ELRINGKLINGER RETIREMENT SAVINGS PLAN · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Elringklinger Automotive Manufacturing, Inc. reported $92,232 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,838 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 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 832nd-largest of 2,619 plans among Michigan employers on file, and the 4,783rd of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,581,443
Participants with balances477
Active participants617
Employer contributions$1,134,253
Employee contributions$2,056,879
Employer contribution per active participant$1,838
Average account balance$57,823
Benefits paid to participants$3,181,126
Plan auditUnmodified (clean) audit opinion
AuditorMRPR
Plan history3
Yearassets · accounts · employer contribution
2024$27.6M · 477 accts · $1.1M emplr
2023$23.8M · 552 accts · $1.1M emplr
2022$19.5M · 502 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,886
Investment management$45,346
Total administrative$92,232
The Elringklinger Automotive Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,838
Median for plans this size$2,416
2024$1,838 per active participant
2023$1,718 per active participant
2022$1,612 per active participant

Elringklinger Automotive Manufacturing, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
FIFTH THIRD BANK · Investment advisory (plan)$26,064
EMPOWER ADVISORY GROUP, LLC · Investment management$19,282

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$92,232 · 0.36%
2023$87,187 · 0.40%
2022$76,838 · 0.37%
Same employer
Similar plansManufacturing · Michigan
Nlb Corporation MI$28.1M · 0.14%
Metal Flow Corporation MI$28.0M · 0.39%
Perceptron, Inc. MI$27.9M · 0.19%
Stageright Corporation MI$27.6M · 0.30%
Fritz Enterprises, Inc. MI$27.6M · 0.30%
Kay Automotive Graphics MI$27.6M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381567814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.