Plan Snapshot
- Plan Sponsor: Valeo North America, INC.
- Sponsor EIN: 133744485
- Sponsor Address: 150 STEPHENSON HWY., TROY, MI, 48083
- Plan Type: DB
- Total Participants: 217
- Total Assets: $330.5M
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 | 217 | $330.5M | $5.3M | $0 |
| 2023 | 244 | $341.4M | $0 | $0 |
| 2022 | 273 | $332.8M | $0 | $0 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Actuary | $603,714 | — | $603,714 |
| TOWERS WATSON INVESTMENT SERVICES | Investment Advisor | $448,610 | — | $448,610 |
| JP MORGAN | Recordkeeper | $347,800 | — | $347,800 |
| BLACK CREEK INVESTMENT MANAGEMENT I | Other Service Provider | $47,906 | — | $47,906 |
| BDO USA P.C. | Auditor | $46,217 | — | $46,217 |
| SANDERS CAPITAL LLC | Other Service Provider | $36,868 | — | $36,868 |
| LEGAL & GENERAL INVESTMENT MANAGEME | Other Service Provider | $8,959 | — | $8,959 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Actuary
- JP MORGAN — Recordkeeper
- BDO USA P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,540,074
- Estimated Expense Ratio: 0.466% 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 | $1,976,495 | $550,794 | — | $46,217 | — |
| 2023 | $3,116,945 | $880,939 | $7,158 | $27,345 | — |
| 2022 | $1,270,222 | $766,073 | — | — | $504,149 |