Plan Snapshot
- Plan Sponsor: Mahle Industries, Incorporated
- Sponsor EIN: 582431334
- Sponsor Address: 23030 MAHLE DRIVE, FARMINGTON HILLS, MI, 48335
- Plan Type: 401(k)
- Total Participants: 4,619
- Total Assets: $653.6M
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 | 4,619 | $653.6M | $17.3M | $32.4M |
| 2023 | 5,135 | $598.1M | $17.0M | $33.6M |
| 2022 | 5,215 | $513.5M | $14.4M | $30.7M |
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 | $482,388 | — | $482,388 |
| TOWERS WATSON INVESTMENT SERVICES, | Other Service Provider | $84,466 | — | $84,466 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $77,828 | — | $77,828 |
| PLANT MORAN PLLC | Other Service Provider | $35,500 | — | $35,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $680,182
- Estimated Expense Ratio: 0.104% 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 | $676,796 | $162,294 | $1,800 | $35,500 | — |
| 2023 | $607,122 | $46,557 | $600 | — | — |
| 2022 | $609,617 | $23,704 | — | — | — |