Auria Solutions USA, Inc. 401(k) Review & Grade
Auria Solutions USA, Inc. Hourly Employees' Retirement Savings Plan
Southfield, MIManufacturing1,362 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$506Employer $ per active participant
$1,041Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$32.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity3.5 / 507th percentile for employer $ per participant
- Low cost11.5 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving0.5 / 153th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score19 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 46th |
| Employee saving | 3th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Auria Solutions USA put in about $506 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- 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 | $688,707 |
| Participant (employee) contributions | $1,417,200 |
| Other contributions (incl. rollovers in) | $129,877 |
| Administrative expenses paid from the plan | $83,882 |
| Investment advisory & management fees | $13,171 |
| Other admin expenses | $8,780 |
| Benefits paid out | $6,324,895 |
| Net assets, start / end of year | $32.7M / $32.3M |
| Active participants, start / end of year | 1,410 / 1,313 |
| Participants with account balances | 578 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $61,931 reported compensation |
| Strategic Advisors, Inc. | $13,171 reported compensation |
| Mma Securities LLC | $8,780 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002130414NAL0000493505001, received 2025-10-02, EIN 82-1869477, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.