Plan Ledger DOL Form 5500 · updated monthly

Inteva Products, LLC401(k)

INTEVA PRODUCTS, LLC SALARIED EMPLOYEES' SAVINGS AND RETIREMENT PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Inteva Products, LLC reported $295,798 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $4,064 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 0.221%. 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 211th-largest of 2,619 plans among Michigan employers on file, and the 1,486th of 13,661 in manufacturing. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 702 to 945 since 2022.

Plan summary
Net assets, end of year$141,039,656
Participants with balances1,261
Active participants945
Employer contributions$3,840,803
Employee contributions$6,998,769
Employer contribution per active participant$4,064
Average account balance$111,847
Benefits paid to participants$12,439,934
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$141.0M · 1,261 accts · $3.8M emplr
2023$126.1M · 1,245 accts · $3.7M emplr
2022$112.7M · 991 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,191
Investment management$104,081
Total administrative$295,798
The Inteva Products, LLC 401(k) match · 2024
Employer contribution per active participant$4,064
Median for plans this size$3,635
2024$4,064 per active participant
2023$3,897 per active participant
2022$5,036 per active participant

Inteva Products, LLC's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$190,191
RAYMOND JAMES & ASSOC INC · Investment advisory (plan)$104,081

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$295,798 · 0.22%
2023$267,389 · 0.22%
2022$276,381 · 0.22%
All plans at this employer3
INTEVA PRODUCTS, LLC SALARIED EMPLOYEES' SAVINGS AND RETIREMENT PLAN401(k)
INTEVA PRODUCTS, LLC HOURLY EMPLOYEES' SAVINGS PLAN FOR IUE LOCALS401(k)
INTEVA PRODUCTS, LLC HOURLY EMPLOYEES' SAVINGS PLAN FOR UAW LOCALS401(k)
Same employer
Similar plansManufacturing · Michigan
Megalodon Midco, LLC MI$145.6M · 0.18%
Bissell Inc. MI$144.4M · 0.05%
Realtruck Group, Inc. MI$143.9M · 0.53%
Arch Global Holdings, LLC MI$127.9M · 0.35%
Plastic Omnium MI$125.9M · 0.09%
Grede MI$125.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261226551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.