Safran Electrical Components USA401(k)
SAFRAN ELECTRICAL COMPONENTS USA , INC 401(K) PLAN · DENTON, TX · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Safran Electrical Components USA reported $43,790 in plan administrative expenses for 2022: 0.28% of average plan assets, above the peer median. Employer contributions averaged $7,674 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 0.28% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,840th-largest of 5,688 plans among Texas employers on file, and 8,119th of 13,661 in manufacturing. In 2022, employees put in $4.50 for every $1.00 the employer contributed.
Safran Electrical Components USA's 2022 employer contribution ran above the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 942389381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.