401(k) · DOL Form 5500 · 2022

Akebono Brake Corporation 401(k) Plan

Data updated 2026-08-25

$132M
Total assets Near avg plan size
1,129
Participants Near avg headcount
94th
Percentile by assets National rank
$117,062
Avg per participant Below avg balance/head
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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.

  • #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.

#20,528
in Professional & Technical Services (21,562 peers)
-23.4%
assets change YoY
1.3×
vs typical plan assets (national mean)

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.

Akebono Brake Corporation Retirement Savings Plan's outsized position 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 $2,050,000,000 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

Akebono Brake Corporation Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Akebono Brake Corporation Retirement Savings Plan lands in the large band (1,129 participants).

EBSA filing schedule strip

Filing strip 363993763 · Akebono Brake Corporation PY 2022 · 401(k)

Akebono Brake Corporation Retirement Savings Plan · $132M · 1,129 · 94th

  • 5500 $132M
  • 5500 1,129
  • 5500 94th
  • 5500 401(k)
  • 5500 near Walsh Group 401(k) and Profit Sharing Plan for Union and Non-Union Employees
  • 5500 ind #20528

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Akebono Brake Corporation Retirement Savings Plan in the asset neighbourhood

Invenergy LLC 401(k) Plan$132MWalsh Group 401(k) and Profit Sharing Plan for Union and Non-Union EmployeesWalsh Group 401(k) and Profi…$132MAkebono Brake Corporation Retirement Savings PlanAkebono Brake Corporation Re…$132MWilliams Lea LLC 401(k) Savings PlanWilliams Lea LLC 401(k) Savi…$132MSeh America, Inc. Employee Benefit Savings PlanSeh America, Inc. Employee B…$132M
End-of-year total assets ($M) among Akebono Brake Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Akebono Brake Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$148M 12.096171216486226% vs 2022
2024 filing year
$130M$135M$140M$145M$150M 202220232024 $132M $148M ▲ +12.1%
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 ($B) Participants Akebono Brake Corporation Retirement Savings Plan, Total assets ($B): 0.132162787 · Participants: 1129Akebono Brake Corporation Retirement Savings PlanGeneral 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
Akebono Brake Corporation Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Akebono Brake Corporation Retirement Savings Plan side-by-side with 3 peers →

Akebono Brake Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Walsh Group 401(k) and Profit Sharing Plan for Union and Non-Union Employees in OR ($132M); by covered participants it is Yes Management, LLC 401(k) Plan in CO (1,129 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,129 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 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).
Which 401(k) plans cover a similar participant headcount to Akebono Brake Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Yes Management, LLC 401(k) Plan in CO (1,129 participants, $22M in assets).

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.