BMW of North America 401(k) match, vesting and fees
What BMW of North America's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Crowe, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 43 defined-contribution plans in wholesale trade with 10,000 to 49,999 participants.
| BMW of North America: employer contribution per participant | $6,820 | |
| Peer median | $2,266 |
| BMW of North America: average balance | $163,305 | |
| Peer median | $90,687 |
| BMW of North America: admin expenses ÷ assets | 0.12% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $2B at the end of plan year 2023 to $2.3B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 14,552 | $2.3B | $97.8M | $6,820 | 0.12% | Not published | Form 5500 ↗ |
| 2023 | 14,599 | $2B | $88.3M | $6,280 | 0.13% | Not published | Form 5500 ↗ |
Other BMW of North America plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
2019 Bmw Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Crowe LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does BMW of North America match 401(k) contributions?
The match terms for the Bmw Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $97.8M in employer contributions, about $6,820 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the BMW of North America 401(k) match vested?
The vesting schedule for the Bmw Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the BMW of North America 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Bmw Savings Plan Committee.
I left BMW of North America. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Bmw Savings Plan Committee, (201) 307-4000) or the recordkeeper, Fidelity Investments Institutional. The BMW of North America old 401(k) page lists the contacts from every plan filing. Find an old BMW of North America 401(k)
Data from the public Form 5500 annual reports BMW of North America filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with BMW of North America. Not financial advice. Report a correction · Methodology