Plan Ledger DOL Form 5500 · updated monthly

Webasto Roof Systems Inc.401(k)

ONE WEBASTO 401(K) RETIREMENT SAVINGS PLAN · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Webasto Roof Systems Inc. reported $315,778 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,650 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 0.21% to 0.19%. 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 174th-largest of 2,619 plans among Michigan employers on file, and the 1,319th of 13,661 in manufacturing. In 2024, employees put in $3.34 for every $1.00 the employer contributed; active participation has grown from 2,297 to 2,572 since 2022.

Plan summary
Net assets, end of year$166,849,551
Participants with balances3,241
Active participants2,572
Employer contributions$4,243,856
Employee contributions$14,180,195
Employer contribution per active participant$1,650
Average account balance$51,481
Benefits paid to participants$33,753,135
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$166.8M · 3,241 accts · $4.2M emplr
2023$157.9M · 2,902 accts · $4.4M emplr
2022$129.6M · 2,666 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$195,165
Investment management$100,526
Total administrative$315,778
The Webasto Roof Systems Inc. 401(k) match · 2024
Employer contribution per active participant$1,650
Median for plans this size$3,635
2024$1,650 per active participant
2023$1,787 per active participant
2022$1,958 per active participant

Webasto Roof Systems Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$195,165
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$66,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$34,526
REHMANN LLC · Consulting$20,085

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$315,778 · 0.19%
2023$288,633 · 0.20%
2022$281,022 · 0.21%
Same employer
Similar plansManufacturing · Michigan
Durr, Inc. MI$176.3M
Jr Technology Group, LLC MI$171.6M · 0.15%
Champion Home Builders, Inc. MI$164.1M · 0.29%
Phinia Inc. MI$158.4M · 0.03%
Pvs MI$158.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382035775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.