Retirement plan

BEHR DAYTON THERMAL PRODUCTS - IUE PENSION AGREEMENT

Name: MAHLE BEHR DAYTON, LLC. - BEHR DAYTON THERMAL PRODUCTS - IUE PENSION AGREEMENT (2023) Form 5500
Creator: MAHLE BEHR DAYTON, LLC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEHR DAYTON THERMAL PRODUCTS - IUE PENSION AGREEMENT, MAHLE BEHR DAYTON, LLC.

MAHLE BEHR DAYTON, LLC.EIN 02-0574546Plan #004PY 2023

2700 DALEY DRIVE - TROY, MI 48083248-743-3700LinkedIn1001-5000 employeesmachinery

Other plans on this EIN

1 filing

#005Retirement-$149K assets

Prospect flagsHigh retiree %Low returnsWind-down / frozen

How to read this page

Total assets (EOY)

$17.4M

-10.1% from 2022

Total participants

961

-12.1% from 2022

Average account balance

No prior year

Annual return

2.87%

+20.09 pp from 2022

Benchmarks

See 205 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined benefit

Participants250-999

Cohort205 peers

Snapshot2023

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Analytics

Total assets (EOY)

Plan-year ending balance

$16.45M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$17K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

711

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+0.65%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
AON CONSULTING1 year Service code 11 · EIN 22-2232264	Actuarial	$101,043
WILLIS TOWERS WATSON US LLC3 years Filed as: TOWERS WATSON INVESTMENT SERVICES Service code 17 · EIN 52-1868818	Pension Consulting	$39,861
PLANTE & MORAN, PLLC4 years Filed as: PLANTE AND MORAN Service code 10 · EIN 33-1498605	Accounting	$28,950
COMERICA BANK9+ years Service code 19 · EIN 42-1741646	Securities Custodian	$11,528

Enrolled actuary

1 attachment

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Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

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Plan features & details

Pension benefit codes1B3H

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$435K

$1700 / participant

Trustee / custodial$12K2.6%
Investment mgmt$40K9.2%
Actuarial$101K23.2%
Contract admin$3K0.8%
Other / not subdivided$279K64.2%

% of EOY assets

2.502%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE AND MORAN
Auditor EIN: 331498605
Audit fees: $28,950
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,299,877-100.0%

$182,032-100.0%

$3,299,877-100.0%

Participation rate

0.0%

0.0%0pp

13.4%-13.4pp

2.3%-2.3pp

Annual return

2.87%

8.00%-5.1pp

7.69%-4.8pp

37.74%-34.9pp

Employer contribution / active EE

$15,902-100.0%

$28,501-100.0%

$15,788-100.0%

Participant deferral / active EE

$476-100.0%

$49-100.0%

$732-100.0%

Admin fee / account holder

$9,287-100.0%

$51,246-100.0%

$9,287-100.0%

Provider

Service type

Compensation

AON CONSULTING1 year

Service code 11 · EIN 22-2232264

Actuarial

$101,043

WILLIS TOWERS WATSON US LLC3 years

Filed as: TOWERS WATSON INVESTMENT SERVICES

Service code 17 · EIN 52-1868818

Pension Consulting

$39,861

PLANTE & MORAN, PLLC4 years

Filed as: PLANTE AND MORAN

Service code 10 · EIN 33-1498605

Accounting

$28,950

COMERICA BANK9+ years

Service code 19 · EIN 42-1741646

Securities Custodian

$11,528

BEHR DAYTON THERMAL PRODUCTS - IUE PENSION AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEHR DAYTON THERMAL PRODUCTS - IUE PENSION AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion