401(k) · DOL Form 5500 · 2022

Driv Automotive Inc. 401(k) Plan

Data updated 2026-08-25

N/A
Total assets —
11,426
Participants Very large workforce
PlainRetire home → About this data RSS: change history

Official DOL plan name: Driv 401(k) Retirement Savings Plan · Sponsored by Driv Automotive Inc. · Michigan · Management of Enterprises

N/A in assets, 11,426 participants

Driv Automotive Inc.'s Driv 401(k) Retirement Savings Plan reported N/A in total assets and 11,426 participants in its 2022 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

Coverage in Michigan

Driv 401(k) Retirement Savings Plan covers 11,426 participants in Michigan, 18x the typical Michigan plan (state average ~638 per filing). Assets: N/A.

-$182M
reported net income

The plan reported a net loss of $182M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Driv 401(k) Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Driv 401(k) Retirement Savings Plan is a mega filing (11,426 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 834117479 · Driv Automotive Inc. PY 2022 · 401(k)

Driv 401(k) Retirement Savings Plan · N/A · 11,426

  • IND N/A
  • IND 11,426
  • IND PY 2022
  • IND 401(k)
  • IND near Brown & Brown, Inc Employee Savings Plan
  • IND 18× state

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Michigan →

Michigan filing particulars

Total Assets (Beginning of Year)$935M
Net Assets (End of Year)N/A
Net Income-$182M
Employer EIN834117479
Plan Effective Date2000-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Driv Automotive Inc.)

Sponsor-wide plan assets over time

All Driv Automotive Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$121M 31.435204684134888% vs 2022
2024 filing year
$100M$150M$200M$250M 202220232024 $177M $121M ▼ -31.4%
Year Plans Participants Total Assets
2022 2 12,032 $177M
2023 1 544 $194M
2024 1 473 $121M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Driv 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 5 data points. 100002000030000400005000060000 5101520 Total assets ($B) Participants General Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Driv 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Driv 401(k) Retirement Savings Plan's closest out-of-state 401(k) peers by headcount

Outside Michigan, the nearest 401(k) by covered participants is Brown & Brown, Inc Employee Savings Plan in FL (11,437 participants; this filing: 11,426 participants).

Similar participant headcount

Nearest other-state filings by covered participants (11,426 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How have Driv Automotive Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Driv Automotive Inc.'s sponsor-wide assets declined 31.4%, from $177M to $121M.
Which 401(k) plans cover a similar participant headcount to Driv 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brown & Brown, Inc Employee Savings Plan in FL (11,437 participants, $1.2B in assets).