Irvin Automotive Products LLC401(k)
IRVIN AUTOMOTIVE PRODUCTS 401(K) PLAN · PONTIAC, MI · plan year 2023
Irvin Automotive Products LLC's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $30,243,035 across 246 participant accounts, with employer contributions averaging $3,007 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 784th-largest of 2,619 plans among Michigan employers on file, and the 4,460th of 13,661 in manufacturing. In 2023, employees put in $2.22 for every $1.00 the employer contributed; active participation has shrunk from 259 to 212 since 2022.
Irvin Automotive Products LLC'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.
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 383254095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.