Hyundai Motor Manufacturing Alabama, LLC401(k)
HYUNDAI MOTOR MANUFACTURING ALABAMA, LLC 401(K) PLAN · MONTGOMERY, AL · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Hyundai Motor Manufacturing Alabama, LLC reported $276,265 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $5,068 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 0.091%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 28th-largest of 902 plans among Alabama employers on file, and the 805th of 13,661 in manufacturing. In 2024, employees put in $1.21 for every $1.00 the employer contributed.
Hyundai Motor Manufacturing Alabama, LLC's 2024 employer contribution ran above the $4,294 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 371426698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.