Gkn North America Services, Inc.401(k)
GKN GROUP RETIREMENT SAVINGS PLAN · AUBURN HILLS, MI · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Gkn North America Services, Inc. reported $612,192 in plan administrative expenses for 2022: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,141 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.
The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other manufacturing employers. By assets it is the 49th-largest of 2,619 plans among Michigan employers on file, and the 423rd of 13,661 in manufacturing. In 2022, employees put in $2.93 for every $1.00 the employer contributed.
Gkn North America Services, Inc.'s 2022 employer contribution ran below the $4,065 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.
Annual cost at the plan's reported 2022 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 621382461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.