Plan Ledger DOL Form 5500 · updated monthly

N Amer Fuel Syst Remanufacturing401(k)

NORTH AMERICA FUEL SYSTEMS REMANUFACTURING, LLC 401(K) PLAN · KENTWOOD, MI · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

N Amer Fuel Syst Remanufacturing reported $35,668 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $2,097 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 rose from 0.36% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,730th of 2,619), and 9,799th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,731,883
Participants with balances109
Active participants104
Employer contributions$218,129
Employee contributions$393,649
Employer contribution per active participant$2,097
Average account balance$70,935
Benefits paid to participants$562,232
Plan auditUnmodified (clean) audit opinion
AuditorMONROE, SWEERIS & TROMP P.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 109 accts · $218K emplr
2023$6.9M · 131 accts · $243K emplr
2022$7.1M · 145 accts · $217K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,803
Investment management$13,632
Total administrative$35,668
The N Amer Fuel Syst Remanufacturing 401(k) match · 2024
Employer contribution per active participant$2,097
Median for plans this size$1,313
2024$2,097 per active participant
2023$2,226 per active participant
2022$2,043 per active participant

N Amer Fuel Syst Remanufacturing's 2024 employer contribution ran above the $1,313 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$20,803
ROCKEFELLER CAPITAL MANAGEMENT · Investment advisory (plan)$12,810

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$35,668 · 0.49%
2023$26,660 · 0.38%
2022$27,762 · 0.36%
Same employer
Similar plansManufacturing · Michigan
Allied Finishing, Inc. MI$7.8M · 0.71%
Tribar Manufacturing, LLC MI$7.8M · 0.20%
Superior Extrusion, Inc. MI$7.7M · 0.49%
S'Drol Metals, Inc. MI$7.6M · 0.48%
Romeo-Rim, Inc. MI$7.5M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900485255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.