Gea Mechanical Equipment U.S. retirement plan: assets, participants and fees
What Gea Mechanical Equipment U.S.'s retirement plan 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 | Principal Life Insurance Company | Schedule C ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 650 pension plans in manufacturing with 100 to 499 participants.
| Gea Mechanical Equipment U.S.: employer contribution per participant | $3,889 | |
| Peer median | $1,262 |
| Gea Mechanical Equipment U.S.: average balance | $52,178 | |
| Peer median | $56,718 |
| Gea Mechanical Equipment U.S.: admin expenses ÷ assets | 2.26% | |
| Peer median | 0.79% |
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 $9.9M at the end of plan year 2021 to $6.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 126 | $6.6M | $490K | $3,889 | 2.26% | Not published | Form 5500 ↗ |
| 2023 | 129 | $6.6M | $468K | $3,629 | 1.95% | Not published | Form 5500 ↗ |
| 2022 | 132 | $7.1M | $376K | $2,851 | 1.44% | Not published | Form 5500 ↗ |
| 2021 | 138 | $9.9M | $349K | $2,526 | 1.26% | Not published | Form 5500 ↗ |
Common questions
Does Gea Mechanical Equipment U.S. match 401(k) contributions?
The match terms for the Westfalia Separator, Inc. Employees' Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $490K in employer contributions, about $3,889 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Gea Mechanical Equipment U.S. 401(k) match vested?
The vesting schedule for the Westfalia Separator, Inc. Employees' Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Gea Mechanical Equipment U.S. 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Gea Mechanical Equipment U.S. Inc..
I left Gea Mechanical Equipment U.S.. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Gea Mechanical Equipment U.S. Inc., (201) 767-3900) or the recordkeeper, Principal Life Insurance Company. The Gea Mechanical Equipment U.S. old 401(k) page lists the contacts from every plan filing. Find an old Gea Mechanical Equipment U.S. 401(k)
Data from the public Form 5500 annual reports Gea Mechanical Equipment U.S. filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Gea Mechanical Equipment U.S.. Not financial advice. Report a correction · Methodology