Plan Ledger DOL Form 5500 · updated monthly

Piston Automotive, LLC401(k)

PISTON GROUP 401(K) PLAN · REDFORD, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Piston Automotive, LLC reported $30,562 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,080 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 0.04% to 0.08%. 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 the 589th-largest of 2,619 plans among Michigan employers on file, and the 3,558th of 13,661 in manufacturing. In 2024, employees put in $4.26 for every $1.00 the employer contributed; active participation has grown from 977 to 1,214 since 2022.

Plan summary
Net assets, end of year$42,126,630
Participants with balances1,679
Active participants1,214
Employer contributions$1,311,217
Employee contributions$5,580,644
Employer contribution per active participant$1,080
Average account balance$25,090
Benefits paid to participants$5,092,376
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.1M · 1,679 accts · $1.3M emplr
2023$34.7M · 1,387 accts · $1.2M emplr
2022$27.0M · 1,069 accts · $941K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,562
Total administrative$30,562
The Piston Automotive, LLC 401(k) match · 2024
Employer contribution per active participant$1,080
Median for plans this size$2,416
2024$1,080 per active participant
2023$1,042 per active participant
2022$963 per active participant

Piston Automotive, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,563

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$30,562 · 0.08%
2023$9,741 · 0.03%
2022$12,025 · 0.04%
Similar plansManufacturing · Michigan
Ajm Packaging Corporation MI$43.6M · 0.26%
Esperion Therapeutics, Inc. MI$43.1M · 0.25%
Special-Lite, Inc. MI$42.3M · 0.20%
Oetiker, Inc. MI$42.0M · 0.00%
H.S. Inc. MI$41.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383355223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.