Plan Ledger DOL Form 5500 · updated monthly

Plastic Omnium401(k)

PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Plastic Omnium reported $103,099 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $9,937 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 0.10% 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 227th-largest of 2,619 plans among Michigan employers on file, and the 1,605th of 13,661 in manufacturing. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$125,944,385
Participants with balances967
Active participants672
Employer contributions$6,677,901
Employee contributions$4,999,201
Employer contribution per active participant$9,937
Average account balance$130,242
Benefits paid to participants$10,779,584
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$125.9M · 967 accts · $6.7M emplr
2023$107.9M · 952 accts · $6.3M emplr
2022$89.9M · 968 accts · $6.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,136
Investment management$17,963
Total administrative$103,099
The Plastic Omnium 401(k) match · 2024
Employer contribution per active participant$9,937
Median for plans this size$3,635
2024$9,937 per active participant
2023$9,239 per active participant
2022$9,159 per active participant

Plastic Omnium's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,620
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,963

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$103,099 · 0.09%
2023$104,790 · 0.11%
2022$103,781 · 0.10%
All plans at this employer2
PLASTIC OMNIUM CLEAN ENERGY SYSTEMS SAVINGS PLAN401(k)
PLASTIC OMNIUM CLEAN ENERGY SYSTEMS UAW SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Michigan
Inteva Products, LLC MI$141.0M · 0.22%
Arch Global Holdings, LLC MI$127.9M · 0.35%
Grede MI$125.2M · 0.20%
Veoneer US, LLC. MI$123.5M · 0.04%
Martinrea Industries, Inc. MI$121.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522249857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.