Employers › GKN Driveline North America
Recordkeeping fees per participant · GKN U.S. Retirement Savings Plan · plan year 2024
$38.82
Higher than 35% of the 1,697 plans $250M to 1B that report it.
= $168,596 / 4,343
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014103054NAL0003636064001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014103054NAL0003636064001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Administrative expenses excluding investment management, per participant
$78.05
Higher than 61% of the 2,324 plans $250M to 1B that report it.
= $338,979 / 4,343
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014103054NAL0003636064001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014103054NAL0003636064001, received 2025-10-14
Administrative expenses per participant
$102.13
Higher than 60% of the 2,405 plans $250M to 1B that report it.
= $443,540 / 4,343
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014103054NAL0003636064001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014103054NAL0003636064001, received 2025-10-14
Administrative expenses as a share of assets
0.113%
Higher than 72% of the 2,407 plans $250M to 1B that report it.
= $443,540 / $394,252,922
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014103054NAL0003636064001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014103054NAL0003636064001, received 2025-10-14
Employer contributions per participant
$1,755
Higher than 21% of the 2,457 plans $250M to 1B that report it.
= $7,620,360 / 4,343
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014103054NAL0003636064001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014103054NAL0003636064001, received 2025-10-14
Employer share of total contributions
25.3%
Higher than 31% of the 2,459 plans $250M to 1B that report it.
= $7,620,360 / $30,161,554
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014103054NAL0003636064001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014103054NAL0003636064001, received 2025-10-14
Plan terms are not published in public filings.
2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2E profit-sharing · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014103054NAL0003636064001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | GKN DRIVELINE NORTH AMERICA, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Plan name | GKN U.S. RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Sponsor EIN / plan number | 13-2886932 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Sponsor location | AUBURN HILLS, MI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Industry (business code) | 332900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Participants, beginning of year | 5,200 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Active participants | 3,047 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Participants, end of year | 4,416 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Participants with an account balance | 4,343 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Total assets, beginning of year | $376,728,468 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Total assets, end of year | $394,252,922 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Net assets, end of year | $394,252,922 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Total income | $73,369,448 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Net income | $17,524,454 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Employer contributions | $7,620,360 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Participant contributions | $20,875,014 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $1,666,180 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Total contributions | $30,161,554 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Benefit payments | $55,400,190 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $55,844,994 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Total administrative expenses | $443,540 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Contract administrator fees | $3,300 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Recordkeeping fees | $168,596 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| IQPA audit fees | $42,507 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Investment advisory and management fees | $104,561 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Administrative expenses excluding investment management | $338,979 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Held in common/collective trusts | $276,713,878 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Held in mutual funds | $109,002,470 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014103054NAL0003636064001, received 2025-10-14 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014103054NAL0003636064001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014103054NAL0003636064001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $156,848 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $104,561 | no |
| DICKINSON-WRIGHT | ATTORNEY/LEGAL | 29 Legal | $72,139 | no |
| FIDUCIENT ADVISORS | ACCOUNTANT/AUDITOR | 27 Investment advisory (plan); 28 Investment management | $67,485 | no |
| CROWE LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $27,459 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014103054NAL0003636064001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $376,728,468 | $394,252,922 | 4.7% |
| Participants with a balance | 1,506 | 4,343 | 188.4% |
| Administrative expenses | $252,117 | $443,540 | 75.9% |
| Recordkeeping fees per participant | $82.53 | $38.82 | -53.0% |
| Employer contributions | $4,810,374 | $7,620,360 | 58.4% |
Prior filing 20241010093239NAL0011336275001, received 2024-10-10; the plan years are contiguous.
Sponsor name as filed: GKN DRIVELINE NORTH AMERICA, INC.; SEC registrant: GKN Driveline North America, Inc. (CIK 2128861, matched by EIN).