Retirement plan

AISIN RETIREMENT SECURITY PLAN

Name: AISIN HOLDINGS OF AMERICA, INC. - AISIN RETIREMENT SECURITY PLAN (2024) Form 5500
Creator: AISIN HOLDINGS OF AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AISIN RETIREMENT SECURITY PLAN, AISIN HOLDINGS OF AMERICA, INC.

AISIN HOLDINGS OF AMERICA, INC.EIN 95-2661290Plan #001PY 2024

1665 EAST FOURTH STREET - SEYMOUR, IN 47274812-530-1930LinkedIn11-50 employeesautomotive

Prospect flagsLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$571M

-10.4% from 2016

Total participants

11,941

-7.5% from 2016

Average account balance

$59,501

-0.2% from 2016

Annual return

18.99%

-6.94 pp from 2016

Benchmarks

See 98 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort98 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$571.03M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

9,597

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.

77.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$52.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+18.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$86

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

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$540,713
STRATEGIC ADVISORS, INC.10+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$194,771
SAGEVIEW ADVISORY GROUP, LLC4 years Service code 26 · EIN 33-0818667	Advisory (Participants)	$68,912
BLUE CHIP RETIREMENT PLANS, INC.3 years Filed as: BLUE & CO. LLC Service code 10 · EIN 35-1178661	Accounting	$17,500

Plan features & details

Pension benefit codes2K2S2T3F3H2F2E2G2J2U3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants 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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$822K

$80 / participant

Recordkeeping$541K65.8%
Investment mgmt$264K32.1%
Other / not subdivided$18K2.1%

% of EOY assets

0.144%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BLUE & CO., LLC
Auditor EIN: 351178661
Audit fees: $17,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,501

$178,759-66.7%

$102,460-41.9%

$106,553-44.2%

Participation rate

77.3%

91.3%-14.0pp

76.5%+0.8pp

69.8%+7.5pp

Annual return

18.99%

17.23%+1.8pp

29.47%-10.5pp

17.37%+1.6pp

Employer contribution / active EE

$1,839

$5,750-68.0%

$3,025-39.2%

$3,359-45.2%

Participant deferral / active EE

$3,216

$9,466-66.0%

$5,056-36.4%

$5,562-42.2%

Admin fee / account holder

$86

$62+37.9%

$9,460-99.1%

$80+7.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$540,713

STRATEGIC ADVISORS, INC.10+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$194,771

SAGEVIEW ADVISORY GROUP, LLC4 years

Service code 26 · EIN 33-0818667

Advisory (Participants)

$68,912

BLUE CHIP RETIREMENT PLANS, INC.3 years

Filed as: BLUE & CO. LLC

Service code 10 · EIN 35-1178661

Accounting

$17,500

AISIN RETIREMENT SECURITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AISIN RETIREMENT SECURITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

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