# Bendix Commercial Vehicle Systems LLC 401(k) Plan
Source: https://planprovider.pro/companies/knorr-bremse-401k-plan-004

> Bendix Commercial Vehicle Systems LLC&#39;s 401(k) plan: 2,205 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bendix Commercial Vehicle Systems LLC

- **Sponsor EIN:** 263792367

- **Sponsor Address:** 35500 CHESTER ROAD, AVON, OH, 44011

- **Plan Type:** 401(k)

- **Total Participants:** 2,205

- **Total Assets:** $387.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|2,205|$387.5M|$8.8M|$15.5M|

| 2023|2,435|$355.7M|$8.9M|$15.2M|

| 2022|2,445|$318.3M|$8.5M|$13.5M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$219,547|—|$219,547|

| PLANTE MORAN PLLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $219,547

- **Estimated Expense Ratio:** 0.057% 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|$219,547|—|$2,400|—|—|

| 2023|$123,020|—|—|—|—|

| 2022|$383,909|—|—|—|—|

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