Plan Snapshot
- Plan Sponsor: Zf North America, INC.
- Sponsor EIN: 611462969
- Sponsor Address: 15811 CENTENNIAL DRIVE, NORTHVILLE, MI, 48168
- Plan Type: 401(k)
- Total Participants: 8,170
- Total Assets: $1.7B
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 | 8,170 | $1.7B | $44.2M | $71.3M |
| 2023 | 10,036 | $1.8B | $46.8M | $73.0M |
| 2022 | 10,271 | $1.6B | $46.4M | $70.3M |
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 | $782,484 | — | $782,484 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $352,660 | — | $352,660 |
| PLANTE & MORAN | ACCOUNTANT/AUDITOR | $59,000 | — | $59,000 |
| AON INVESTMENTS USA INC. | INVESTMENT ADVISOR | $44,101 | — | $44,101 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,238,245
- Estimated Expense Ratio: 0.072% 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 | $1,225,532 | $782,484 | $4,200 | — | — |
| 2023 | $1,160,718 | $718,961 | $2,100 | — | — |
| 2022 | $1,310,538 | $671,625 | — | — | — |