Cooper-Standard Automotive Inc. 401(k) Review & Grade
Cooper-Standard Automotive Inc. Enhanced Investment Savings Plan
Northville, MIManufacturing3,142 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,214Employer $ per active participant
$5,702Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$444.2MNet plan assets, end of year
$112,445Average balance per account
Score breakdown
- Employer generosity31.1 / 5062th percentile for employer $ per participant
- Low cost12.7 / 2551th percentile for low admin cost vs. same-size plans
- Employee saving6.8 / 1545th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 51th |
| Employee saving | 45th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Corrective distributions: the plan refunded $14,610 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Cooper-Standard Automotive put in about $4,214 per active participant, more than the typical peer ($3,452). 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 | $13,236,867 |
| Participant (employee) contributions | $17,914,097 |
| Other contributions (incl. rollovers in) | $1,173,837 |
| Administrative expenses paid from the plan | $518,302 |
| Contract administrator fees | $2,100 |
| Investment advisory & management fees | $126,466 |
| Other admin expenses | $106,762 |
| Benefits paid out | $61,911,653 |
| Net assets, start / end of year | $415.3M / $444.2M |
| Active participants, start / end of year | 3,182 / 3,101 |
| Participants with account balances | 3,950 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cliftonalarsonallen LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $229,949 reported compensation |
| Strategic Advisors, Inc. | $126,466 reported compensation |
| Marquette Associates | $85,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007134624NAL0004659553001, received 2025-10-07, EIN 34-0549970, plan #201, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.