Plan Ledger DOL Form 5500 · updated monthly

Navistar Defense, LLC401(k)

NAVISTAR DEFENSE, LLC 401(K) PLAN · MADISON HEIGHTS, MI · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Navistar Defense, LLC reported $105,363 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~90% of peers. Employer contributions averaged $870 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 0.15% to 0.87%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,360th of 2,619), and 7,774th of 13,661 in manufacturing. In 2024, employees put in $7.87 for every $1.00 the employer contributed; active participation has shrunk from 455 to 250 since 2022.

Plan summary
Net assets, end of year$12,826,072
Participants with balances306
Active participants250
Employer contributions$217,426
Employee contributions$1,710,901
Employer contribution per active participant$870
Average account balance$41,915
Benefits paid to participants$1,696,096
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 306 accts · $217K emplr
2023$11.3M · 511 accts · $567K emplr
2022$9.7M · 415 accts · $689K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,757
Investment management$24,606
Total administrative$105,363
The Navistar Defense, LLC 401(k) match · 2024
Employer contribution per active participant$870
Median for plans this size$2,416
2024$870 per active participant
2023$1,782 per active participant
2022$1,514 per active participant

Navistar Defense, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
ADP, INC. · Loan processing · Recordkeeping$81,346
MMA SECURITIES, LLC · Recordkeeping · Trustee$24,017
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, MMA SECURITIES, LLC
2023ADP, MMA SECURITIES, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$105,363 · 0.87%
2023$118,692 · 1.13%
2022$17,492 · 0.15%
Same employer
Similar plansManufacturing · Michigan
Visioneering, Inc. MI$12.9M · 0.44%
Motor City Stamping, Inc. MI$12.9M · 0.47%
Fleetwood Group, Inc. MI$12.9M · 0.00%
HELM43, LLC MI$12.9M · 0.30%
Backyard Services, LLC MI$12.8M · 0.50%
Gns North America, Inc. MI$12.7M · 0.62%
Suspa, Incorporated MI$12.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320132164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.