Autoliv Asp, Inc 401(k) Review & Grade
Autoliv Asp, Inc. Employee Savings and Investment Plan
Ogden, UTManufacturing4,019 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,807Employer $ per active participant
$5,787Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$686.8MNet plan assets, end of year
$127,494Average balance per account
Score breakdown
- Employer generosity28.0 / 5056th percentile for employer $ per participant
- Low cost12.4 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving7.0 / 1547th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 50th |
| Employee saving | 47th |
| Peers that auto-enroll | 70% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $1,149 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Autoliv Asp put in about $3,807 per active participant, more than the typical peer ($3,452). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $15,299,242 |
| Participant (employee) contributions | $23,259,020 |
| Other contributions (incl. rollovers in) | $964,236 |
| Administrative expenses paid from the plan | $816,210 |
| Investment advisory & management fees | $286,803 |
| Other admin expenses | $11,613 |
| Benefits paid out | $65,669,270 |
| Net assets, start / end of year | $633.6M / $686.8M |
| Active participants, start / end of year | 4,130 / 3,908 |
| Participants with account balances | 5,387 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Richey, May & Co., LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $290,107 reported compensation |
| Ernst & Young LLP | $129,400 reported compensation |
| New York Life Insurance Company DBA | $95,777 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015135646NAL0002528659001, received 2025-10-15, EIN 36-3640053, plan #036, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.