Smp Automotive Systems Alabama Inc401(k)

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

Smp Automotive Systems Alabama Inc reported $176,583 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,844 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 3 years on file its reported administrative ratio has held roughly steady near 0.549%. 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 202nd-largest of 902 plans among Alabama employers on file, and the 3,948th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 1,331 to 1,961 since 2022.