Autocam Medical Devices, LLC a Michigan Limited Liability Company 401(k) Review & Grade
Autocam Medical Devices, LLC 401(k) Employee Savings Plan
Kentwood, MIManufacturing657 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,453Employer $ per active participant
$5,975Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$52.6MNet plan assets, end of year
$62,555Average balance per account
Score breakdown
- Employer generosity26.6 / 5053th percentile for employer $ per participant
- Low cost22.3 / 2589th percentile for low admin cost vs. same-size plans
- Employee saving9.5 / 1563th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score65 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 89th |
| Employee saving | 63th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $6,933 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Autocam Medical Devices, LLC a Michigan Limited Liability put in about $2,453 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $1,611,682 |
| Participant (employee) contributions | $3,925,339 |
| Other contributions (incl. rollovers in) | $348,432 |
| Administrative expenses paid from the plan | $20,911 |
| Contract administrator fees | $20,911 |
| Benefits paid out | $3,389,655 |
| Net assets, start / end of year | $43.8M / $52.6M |
| Active participants, start / end of year | 651 / 663 |
| Participants with account balances | 841 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Baird Insurance Services Inc | $42,576 reported compensation |
| Principal Life Insurance Company | $20,911 reported compensation |
| Robert W. Baird & Co. Incorporated | $16,906 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250924163712NAL0003147811001, received 2025-09-24, EIN 27-0597574, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.