Plan Ledger DOL Form 5500 · updated monthly

Vitesco Technologies USA, LLC401(k)

VITESCO TECHNOLOGIES USA, LLC 401(K) PLAN · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Vitesco Technologies USA, LLC reported $407,209 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,167 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 0.08% to 0.07%. 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 60th-largest of 2,619 plans among Michigan employers on file, and the 509th of 13,661 in manufacturing. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has shrunk from 2,598 to 2,139 since 2022.

Plan summary
Net assets, end of year$585,600,196
Participants with balances2,719
Active participants2,139
Employer contributions$13,190,416
Employee contributions$19,852,911
Employer contribution per active participant$6,167
Average account balance$215,373
Benefits paid to participants$66,671,861
Plan auditUnmodified (clean) audit opinion
AuditorGREERWALKER
Plan history3
Yearassets · accounts · employer contribution
2024$585.6M · 2,719 accts · $13.2M emplr
2023$527.2M · 2,899 accts · $13.1M emplr
2022$448.2M · 3,049 accts · $13.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,199
Investment management$193,852
Audit (IQPA)$15,800
Total administrative$407,209
The Vitesco Technologies USA, LLC 401(k) match · 2024
Employer contribution per active participant$6,167
Median for plans this size$4,294
2024$6,167 per active participant
2023$5,918 per active participant
2022$5,256 per active participant

Vitesco Technologies USA, LLC's 2024 employer contribution ran above 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$193,852
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$119,175
CLEAR INVESTMENT RESEARCH, LLC · Consulting$81,358
GREERWALKER LLP · Accounting / audit$15,800

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$407,209 · 0.07%
2023$478,253 · 0.10%
2022$411,965 · 0.08%
Same employer
Similar plansManufacturing · Michigan
Valeo North America, Inc. MI$619.1M · 0.08%
Visteon Corporation MI$590.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831870421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.