Retirement plan
FCA US LLC UAW SAVINGS PLAN
FCA US LLCEIN 27-0187394Plan #032PY 2022
1000 CHRYSLER DRIVE., CIMS 485-08-64 - AUBURN HILLS, MI 483262766248-512-2514fcausllc.comLinkedIn10001+ employeesmanagement consulting
Prospect flagsLow participant contributionCorrective distributions
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$4120.6M
-26.3% from 2016
Total participants
55,934
-0.9% from 2016
Average account balance
$76,018
-21.2% from 2016
Annual return
-14.90%
-34.96 pp from 2016
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort101 peers
Snapshot2022
17
Participant deferral / active EE
$4,456
median $7,572
23
Employer contribution / active EE
$2,411
median $4,531
56
Participation rate
96.5%
median 95.9%
20
Avg account balance
$76,018
median $127,170
76
Admin fee / account holder
$16
median $62
54
Annual return
-14.90%
median -15.10%
Overall peer rank
41of 100
41st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$5.20B
Average account balance
Total assets / participants with a balance (line 6g)
$115K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
45,237
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
96.2%
Contributions (total)
Employer and participant dollars contributed each year
$444.53M
Contributions per participant
Average employer and participant contribution per enrolled participant
$11K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.32%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$24
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.
Top hat statement on fileNQDC
Filed January 31, 2024 (most recent of 2 filings on file)
Plan administrator
Plan administrator name— Sign in and upgrade to view
1000 Chrysler Drive, CIMS 485-08-78
Auburn Hills, MI 48326
Plans declared (4)
- Plan name not on file1 emp
- Plan name not on file160 emp
- Plan name not on file293 emp
- Plan name not on file12 emp
Total covered: 466 employees
Plan features & details
Pension benefit codes2G3H2T2R
Plan features
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2RParticipant-directed brokerage accountsParticipant-directed brokerage accounts provided as an investment option under the plan.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
2 tripped
- OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
Expense breakdown
Schedule H Part II
Admin total
$856K
$17 / participant
- Contract admin$856K100.0%
% of EOY assets
0.021%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- BAKER TILLY US, LLP
- Auditor EIN
- 390859910
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified