Plan Ledger DOL Form 5500 · updated monthly

Marelli North America, Inc.401(k)

MARELLI NORTH AMERICA, INC. 401(K) RETIREMENT PLAN · SHELBYVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Marelli North America, Inc. reported $189,474 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,304 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 0.11% to 0.09%. 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 92nd-largest of 1,496 plans among Tennessee employers on file, and the 1,091st of 13,661 in manufacturing. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has shrunk from 3,050 to 2,290 since 2022.

Plan summary
Net assets, end of year$218,506,214
Participants with balances2,721
Active participants2,290
Employer contributions$5,275,336
Employee contributions$8,093,573
Employer contribution per active participant$2,304
Average account balance$80,304
Benefits paid to participants$25,133,331
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$218.5M · 2,721 accts · $5.3M emplr
2023$203.2M · 3,043 accts · $5.8M emplr
2022$192.3M · 2,598 accts · $5.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,642
Investment management$114,832
Total administrative$189,474
The Marelli North America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,304
Median for plans this size$3,635
2024$2,304 per active participant
2023$2,077 per active participant
2022$1,921 per active participant

Marelli North America, Inc.'s 2024 employer contribution ran below 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$75,006
M HOLDINGS SECURITIES INC · Investment advisory (plan)$74,847
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$39,985

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$189,474 · 0.09%
2023$154,106 · 0.08%
2022$239,889 · 0.11%
Same employer
Similar plansManufacturing · Tennessee
Astec Industries, Inc. TN$350.1M · 0.21%
Resolute Fp US Inc. TN$332.1M · 0.08%
West Fraser, Inc. TN$322.2M · 0.10%
Bulab Holdings, Inc. TN$184.7M · 0.05%
Mueller Industries, Inc. TN$180.0M · 0.12%
Frontdoor, Inc. TN$147.4M · 0.10%
Playcore, Inc. TN$146.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621151687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.