Veoneer US Safety Systems 401(k) match, vesting and fees

Plan year 2024 filingVeoneer US Safety Systems, LLC 401(k) Employee Savings and Investment Plan · Plan 001 · EIN 92-2487557Updated Oct 2026

What Veoneer US Safety Systems' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $1.9M in employer contributions, about $7,452 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$226,984
Average account balance
264
Participants (end of year)
$56.7M
Plan assets (end of year)
0.12%
Admin expenses ÷ assets

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.

RecordkeeperEmpower Annuity Insurance CompanySchedule C ↗
Independent auditorRsm US LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.

Veoneer US Safety Systems: employer contribution per participant$7,452
Peer median$1,847
Veoneer US Safety Systems: average balance$226,984
Peer median$65,512
Veoneer US Safety Systems: admin expenses ÷ assets0.12%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets were $56.7M at the end of plan year 2024.

$56.7M2024
End-of-year figures from each plan year's Form 5500 filing for the Veoneer US Safety Systems plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024264$56.7M$1.9M$7,4520.12%Not publishedForm 5500 ↗

Other Veoneer US Safety Systems plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Veoneer US Safety Systems LLC 401(k) Employee Savings and Investment Plan

Plan 002 · EIN 92-2487557 · plan year 2023 filing
$189,110
Average account balance
258
Participants (end of year)
$48.8M
Plan assets (end of year)
0.06%
Admin expenses ÷ assets

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.

RecordkeeperEmpower Annuity Insurance Company OSchedule C ↗
Independent auditorRsm US LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

Common questions

Does Veoneer US Safety Systems match 401(k) contributions?

The match terms for the Veoneer US Safety Systems, LLC 401(k) Employee Savings and Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $1.9M in employer contributions, about $7,452 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Veoneer US Safety Systems 401(k) match vested?

The vesting schedule for the Veoneer US Safety Systems, LLC 401(k) Employee Savings and Investment Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Veoneer US Safety Systems 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Veoneer US Safety Systems, LLC.

I left Veoneer US Safety Systems. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Veoneer US Safety Systems, LLC, (248) 200-3063) or the recordkeeper, Empower Annuity Insurance Company. The Veoneer US Safety Systems old 401(k) page lists the contacts from every plan filing. Find an old Veoneer US Safety Systems 401(k)

Data from the public Form 5500 annual reports Veoneer US Safety Systems 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 Veoneer US Safety Systems. Not financial advice. Report a correction · Methodology