Plan Snapshot
- Plan Sponsor: Highly Marelli Usa
- Sponsor EIN: 844613141
- Sponsor Address: 305 STANLEY BOULEVARD, SHELBYVILLE, TN, 37160
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $23.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 273 | $23.3M | $553,429 | $804,600 |
| 2023 | 297 | $20.9M | $577,582 | $880,916 |
| 2022 | 327 | $18.5M | $616,336 | $942,950 |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $11,354 | — | $11,354 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $10,540 | — | $10,540 |
| MORGANSTANLEYSMITHBARNEYLLC | INVESTMENT ADVISOR | $8,722 | — | $8,722 |
| WALTERS & ASSOCIATES, CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MORGANSTANLEYSMITHBARNEYLLC — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,616
- Estimated Expense Ratio: 0.131% 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 | $30,616 | $11,354 | — | — | — |
| 2023 | $29,762 | $16,518 | — | — | — |
| 2022 | $13,283 | $1,076 | — | — | — |