Plan Ledger DOL Form 5500 · updated monthly

Mahle Industries, Incorporated401(k)

MAHLE 401(K) PLAN · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Mahle Industries, Incorporated reported $676,796 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $3,755 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 0.108%. 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 53rd-largest of 2,619 plans among Michigan employers on file, and the 463rd of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 5,215 to 4,619 since 2022.

Plan summary
Net assets, end of year$653,566,486
Participants with balances5,912
Active participants4,619
Employer contributions$17,346,593
Employee contributions$32,429,187
Employer contribution per active participant$3,755
Average account balance$110,549
Benefits paid to participants$74,253,064
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$653.6M · 5,912 accts · $17.3M emplr
2023$598.1M · 6,399 accts · $17.0M emplr
2022$513.5M · 6,439 accts · $14.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$470,560
Investment management$162,294
Audit (IQPA)$35,500
Total administrative$676,796
The Mahle Industries, Incorporated 401(k) match · 2024
Employer contribution per active participant$3,755
Median for plans this size$4,294
2024$3,755 per active participant
2023$3,313 per active participant
2022$2,758 per active participant

Mahle Industries, Incorporated's 2024 employer contribution ran below 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.

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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$482,388
TOWERS WATSON INVESTMENT SERVICES, · Consulting$84,466
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$77,828
PLANT MORAN PLLC · Consulting$35,500

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$676,796 · 0.11%
2023$607,122 · 0.11%
2022$609,617 · 0.11%
Same employer
Similar plansManufacturing · Michigan
Dematic Corp. MI$843.7M · 0.08%
Yazaki North America, Inc. MI$676.6M · 0.09%
Valeo North America, Inc. MI$619.1M · 0.08%
Visteon Corporation MI$590.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582431334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.