GKN Driveline North America 401(k) match, vesting and fees
What GKN Driveline 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 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| GKN Driveline North America: employer contribution per participant | $1,755 | |
| Peer median | $2,413 |
| GKN Driveline North America: average balance | $90,779 | |
| Peer median | $86,456 |
| GKN Driveline North America: admin expenses ÷ assets | 0.12% | |
| Peer median | 0.12% |
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 $377M at the end of plan year 2023 to $394M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,416 | $394M | $7.6M | $1,755 | 0.12% | Not published | Form 5500 ↗ |
| 2023 | 5,200 | $377M | $4.8M | $3,194 | 0.13% | Not published | Form 5500 ↗ |
Other GKN Driveline North America plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Gkn Driveline 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 GKN Driveline North America match 401(k) contributions?
The match terms for the Gkn U.S. Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $7.6M in employer contributions, about $1,755 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the GKN Driveline North America 401(k) match vested?
The vesting schedule for the Gkn U.S. Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the GKN Driveline North America 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Gkn Driveline North America, Inc..
I left GKN Driveline North America. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Gkn Driveline North America, Inc., (248) 296-7000) or the recordkeeper, Fidelity Investments Institutional. The GKN Driveline North America old 401(k) page lists the contacts from every plan filing. Find an old GKN Driveline North America 401(k)
Data from the public Form 5500 annual reports GKN Driveline 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 GKN Driveline North America. Not financial advice. Report a correction · Methodology