Plan Ledger DOL Form 5500 · updated monthly

Hp Pelzer Automotive Systems, Inc.401(k)

HP PELZER AUTOMOTIVE SYSTEMS, INC. 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Hp Pelzer Automotive Systems, Inc. reported $46,887 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,261 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 fell from 0.48% to 0.29%. 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 1,154th-largest of 2,619 plans among Michigan employers on file, and the 6,562nd of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 637 to 729 since 2022.

Plan summary
Net assets, end of year$17,045,608
Participants with balances434
Active participants729
Employer contributions$919,524
Employee contributions$1,534,656
Employer contribution per active participant$1,261
Average account balance$39,276
Benefits paid to participants$2,122,115
Plan auditUnmodified (clean) audit opinion
AuditorJANZ AND KNIGHT PLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 434 accts · $920K emplr
2023$14.8M · 474 accts · $1.0M emplr
2022$12.2M · 588 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,887
Total administrative$46,887
The Hp Pelzer Automotive Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,261
Median for plans this size$2,416
2024$1,261 per active participant
2023$1,613 per active participant
2022$1,903 per active participant

Hp Pelzer Automotive Systems, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$117,140

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$46,887 · 0.29%
2023$56,169 · 0.42%
2022$58,888 · 0.48%
Same employer
Similar plansManufacturing · Michigan
Balance Technology, Inc. MI$17.1M · 0.36%
Tgw Systems, Inc. MI$17.1M · 0.12%
Mapal Inc. MI$17.0M · 0.25%
Tribus Aerospace Corp. MI$16.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383214772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.