Plan Ledger DOL Form 5500 · updated monthly

Valeo North America, Inc.401(k)

VALEO, INC RETIREMENT SAVINGS PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Valeo North America, Inc. reported $487,131 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,192 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 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 56th-largest of 2,619 plans among Michigan employers on file, and the 488th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 4,281 to 3,485 since 2022.

Plan summary
Net assets, end of year$619,119,221
Participants with balances4,818
Active participants3,485
Employer contributions$14,607,426
Employee contributions$26,846,816
Employer contribution per active participant$4,192
Average account balance$128,501
Benefits paid to participants$77,405,426
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$619.1M · 4,818 accts · $14.6M emplr
2023$571.4M · 5,459 accts · $15.7M emplr
2022$485.0M · 5,445 accts · $13.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$249,175
Investment management$237,956
Total administrative$487,131
The Valeo North America, Inc. 401(k) match · 2024
Employer contribution per active participant$4,192
Median for plans this size$4,294
2024$4,192 per active participant
2023$3,857 per active participant
2022$3,189 per active participant

Valeo North America, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size. 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
FIDELITY INV. INST. OPS. CO. LLC · Loan processing$249,175
GREGORY J SCHWARTZ & CO INC · Investment advisory (plan)$140,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$97,956

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$487,131 · 0.08%
2023$430,060 · 0.08%
2022$465,320 · 0.09%
Same employer
Similar plansManufacturing · Michigan
Yazaki North America, Inc. MI$676.6M · 0.09%
Visteon Corporation MI$590.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133744485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.