Webasto Roof Systems Inc. 401(k) Review & Grade
One Webasto 401(k) Retirement Savings Plan
Auburn Hills, MIManufacturing2,504 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,694Employer $ per active participant
$5,662Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$166.8MNet plan assets, end of year
$51,481Average balance per account
Score breakdown
- Employer generosity10.9 / 5022th percentile for employer $ per participant
- Low cost8.9 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving6.7 / 1545th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 36th |
| Employee saving | 45th |
| Peers that auto-enroll | 70% |
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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
- Webasto Roof Systems put in about $1,694 per active participant, below the typical peer ($3,452). 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.
- Direct plan expenses (0.19% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $4,243,856 |
| Participant (employee) contributions | $14,180,195 |
| Other contributions (incl. rollovers in) | $2,730,942 |
| Administrative expenses paid from the plan | $315,778 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $100,526 |
| Other admin expenses | $20,087 |
| Benefits paid out | $33,753,135 |
| Net assets, start / end of year | $157.9M / $166.8M |
| Active participants, start / end of year | 2,437 / 2,572 |
| Participants with account balances | 3,241 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Doeren Mayhew Assurance |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $195,165 reported compensation |
| Onedigital Investment Advisors LLC | $66,000 reported compensation |
| Strategic Advisors, Inc. | $34,526 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250825105407NAL0007532705001, received 2025-08-25, EIN 38-2035775, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.