Plan Ledger DOL Form 5500 · updated monthly

Henniges Automotive North America, Inc.401(k)

HENNIGES AUTOMOTIVE RETIREMENT SAVINGS PLAN · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Henniges Automotive North America, Inc. reported $188,233 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,993 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 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 177th-largest of 2,619 plans among Michigan employers on file, and the 1,324th of 13,661 in manufacturing. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$165,178,698
Participants with balances1,369
Active participants1,385
Employer contributions$2,760,108
Employee contributions$5,731,671
Employer contribution per active participant$1,993
Average account balance$120,656
Benefits paid to participants$9,939,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$165.2M · 1,369 accts · $2.8M emplr
2023$142.1M · 1,387 accts · $3.1M emplr
2022$123.7M · 1,522 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$188,233
Total administrative$188,233
The Henniges Automotive North America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,993
Median for plans this size$3,635
2024$1,993 per active participant
2023$2,234 per active participant
2022$2,019 per active participant

Henniges Automotive North America, Inc.'s 2024 employer contribution ran below the $3,635 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.

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
GREGORY J SCHWARTZ · Investment advisory (plan)$47,497
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$188,233 · 0.12%
2023$124,810 · 0.09%
2022$179,585 · 0.13%
Similar plansManufacturing · Michigan
Durr, Inc. MI$176.3M
Jr Technology Group, LLC MI$171.6M · 0.15%
Webasto Roof Systems Inc. MI$166.8M · 0.19%
Champion Home Builders, Inc. MI$164.1M · 0.29%
Phinia Inc. MI$158.4M · 0.03%
Pvs MI$158.0M · 0.01%
Leco Corporation MI$154.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382034292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.