Plan Snapshot
- Plan Sponsor: Faurecia Usa Holdings, INC.
- Sponsor EIN: 061566311
- Sponsor Address: 2800 HIGH MEADOW CIRCLE, AUBURN HILLS, MI, 48326
- Plan Type: 401(k)
- Total Participants: 2,744
- Total Assets: $422.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,744 | $422.9M | $9.7M | $19.5M |
| 2023 | 0 | $419.0M | $11.4M | $22.6M |
| 2022 | 3,037 | $381.2M | $11.4M | $22.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PLANTE MORAN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $517,237 | $76,501 | — | — | — |
| 2023 | $478,003 | $45,870 | $411,036 | $16,000 | — |
| 2022 | $507,626 | $47,489 | $423,387 | — | $22,300 |