Plan Ledger DOL Form 5500 · updated monthly

Haldex Brake Products401(k)

HALDEX BRAKE PRODUCTS CORPORATION 401(K) SAVINGS PLAN · KANSAS CITY, MO · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Haldex Brake Products reported $100,791 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,816 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 rose from 0.19% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 319th-largest of 1,393 plans among Missouri employers on file, and the 3,119th of 13,661 in manufacturing. In 2023, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,669,016
Participants with balances375
Active participants243
Employer contributions$927,328
Employee contributions$1,624,541
Employer contribution per active participant$3,816
Average account balance$135,117
Benefits paid to participants$7,101,924
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.1M · 347 accts · $855K emplr
2023$50.7M · 375 accts · $927K emplr
2022$48.1M · 380 accts · $942K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$100,791
Total administrative$100,791
The Haldex Brake Products 401(k) match · 2023
Employer contribution per active participant$3,816
Median for plans this size$2,440
2024$3,904 per active participant
2023$3,816 per active participant
2022$3,709 per active participant

Haldex Brake Products's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$100,791
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp

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$102,538 · 0.21%
2023$100,791 · 0.20%
2022$105,223 · 0.19%
Same employer
Similar plansManufacturing · Missouri
Duke Manufacturing Company MO$54.0M · 0.15%
Jasper Products L.L.C. MO$53.3M · 0.42%
Metal Exchange Corporation MO$52.8M · 0.27%
Paulo Products Company MO$51.7M · 0.14%
Anchor Packaging, LLC MO$48.0M · 0.18%
Stupp Bros., Inc. MO$46.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431811334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.