Autokiniton US Holdings, Inc. 401(k) Review & Grade
Autokiniton Retirement Savings Plan
New Boston, MIManufacturing4,048 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,837Employer $ per active participant
$4,736Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$302.4MNet plan assets, end of year
$63,886Average balance per account
Score breakdown
- Employer generosity12.6 / 5025th percentile for employer $ per participant
- Low cost13.4 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving4.9 / 1533th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 54th |
| Employee saving | 33th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Autokiniton US Holdings put in about $1,837 per active participant, below the typical peer ($3,452). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $7,437,181 |
| Participant (employee) contributions | $19,169,442 |
| Other contributions (incl. rollovers in) | $1,751,195 |
| Administrative expenses paid from the plan | $315,409 |
| Investment advisory & management fees | $53,824 |
| Benefits paid out | $27,782,129 |
| Net assets, start / end of year | $265.0M / $302.4M |
| Active participants, start / end of year | 4,067 / 4,029 |
| Participants with account balances | 4,733 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly Us,llp |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $194,466 reported compensation |
| Towers Watson Investment Services I | $89,940 reported compensation |
| Empower Advisory Group, LLC | $46,767 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250731093655NAL0002958067001, received 2025-07-31, EIN 82-5285212, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.