Plan Snapshot
- Plan Sponsor: Ford Motor Company
- Sponsor EIN: 380549190
- Sponsor Address: 1 AMERICAN ROAD, DEARBORN, MI, 48126
- Plan Type: DB
- Total Participants: 8,223
- Total Assets: $12.1B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,223 | $12.1B | $543.6M | $15.2M |
| 2023 | 8,585 | $12.7B | $732.5M | $15.7M |
| 2022 | 10,215 | $13.4B | $0 | $17.5M |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS, LLC | RECORD KEEPER | $2,076,231 | — | $2,076,231 |
| BUCK GLOBAL, LLC | NONE KNOWN | $1,239,668 | — | $1,239,668 |
| FORD MOTOR COMPANY | PLAN SPONSOR | $344,392 | — | $344,392 |
| STATE STREET BANK & TRUST COMPANY | NONE KNOWN | $213,090 | — | $213,090 |
| BDO USA, P.C. | ACCOUNTANT | $177,411 | — | $177,411 |
| COMERICA BANK | NONE KNOWN | $5,625 | — | $5,625 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS, LLC — RECORD KEEPER
- BDO USA, P.C. — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,056,417
- Estimated Expense Ratio: 0.033% of plan assets
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 | $33,952,714 | $20,468,769 | $2,426,249 | $177,411 | — |
| 2023 | $33,995,072 | $19,607,394 | $2,631,263 | $167,317 | — |
| 2022 | $39,162,702 | $26,444,169 | $3,714,227 | — | $1,495,339 |