401(k) · DOL Form 5500 · 2022

Akebono Brake Corporation 401(k) Plan

Data updated 2026-08-11

$132M
Total assets
1,129
Participants
94th
Percentile by assets
$117,062
Avg per participant
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Official DOL plan name: Akebono Brake Corporation Retirement Savings Plan · Sponsored by Akebono Brake Corporation · Michigan · Professional & Technical Services

$132M in assets, 1,129 participants

Akebono Brake Corporation's Akebono Brake Corporation Retirement Savings Plan reported $132M in total assets and 1,129 participants in its 2022 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 139,126 plans)
  • #20,528 in Professional & Technical Services (21,562 peers)

Where Akebono Brake Corporation Retirement Savings Plan sits by assets

Akebono Brake Corporation Retirement Savings Plan sits in the top 10% of all filed plans by assets, $132M for 1,129 participants (~$117,062/participant), down 23.4% in 2022.

$132M
total plan assets (2022 EOY)
1,129
covered participants
94th
percentile by assets (of 139,126 plans)
$117,062
avg assets per participant

The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Akebono Brake Corporation Retirement Savings Plan sits by total assets

Akebono Brake Corporation Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$132,162,787 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Michigan
Industry
Professional & Technical Services

Akebono Brake Corporation Retirement Savings Plan vs the 2022 asset distribution

By assets, Akebono Brake Corporation Retirement Savings Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$172M
Net Assets (End of Year)$132M
Net Income-$40M
Employer EIN363993763
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Akebono Brake Corporation)

$130M$135M$140M$145M$150M 202220232024 $132M $148M ▲ +12.1%
Total plan assets by year, all Akebono Brake Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,129 $132M
2023 1 1,038 $145M
2024 1 1,009 $148M

Nearby 401(k) Plans in Michigan

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

Akebono Brake Corporation Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Akebono Brake Corpor…, Total assets ($B): 0.132162787 · Participants: 1129Akebono Brake Corpor…General Motors Retir…, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Com…The General Motors P…, Total assets ($B): 7.545889119 · Participants: 40458The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-E…
Akebono Brake Corporation Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Akebono Brake Corporation Retirement Sav… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Akebono Brake Corporation Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Akebono Brake Corporation Retirement Savings Plan assets move in 2022? ▼
Akebono Brake Corporation Retirement Savings Plan declined sharply - down 23.4% during 2022, from $172M to $132M. Reported net income was -$40M.
How have Akebono Brake Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Akebono Brake Corporation's sponsor-wide assets grew 12.1%, from $132M to $148M.
Where does Akebono Brake Corporation Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Akebono Brake Corporation Retirement Savings Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Akebono Brake Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Walsh Group 401(k) and Profit Sharing Plan for Union and Non-Union Employees in OR ($132M, 567 participants).

Next read for Akebono Brake Corporation Retirement Sav…

Scale reading

Ways to act on Akebono Brake Corporation Retirement Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363993763.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.