401(k) · DOL Form 5500 · 2022
Borgwarner Inc. 401(k) Plan
Data updated 2026-08-11
- $1.6B
- Total assets
- 5,809
- Participants
- 99th
- Percentile by assets
- $269,881
- Avg per participant
Official DOL plan name: Borgwarner Inc. Retirement Savings Plan · Sponsored by Borgwarner Inc. · Michigan · Manufacturing
$1.6B in assets, 5,809 participants
Borgwarner Inc.'s Borgwarner Inc. Retirement Savings Plan reported $1.6B in total assets and 5,809 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #20,326 in Manufacturing (20,602 peers)
Coverage in Michigan
Borgwarner Inc. Retirement Savings Plan covers 5,809 participants in Michigan, 9.1x the typical Michigan plan (state average ~638 per filing). Assets: $1.6B.
- $1.6B
- total plan assets (2022 EOY)
- 5,809
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $269,881
- avg assets per participant
The plan reported a net loss of $375M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Borgwarner Inc. Retirement Savings Plan reports 5,809 participants - 9.1x that state average ($1.6B EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $1.9B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | -$375M |
| Employer EIN | 133404508 |
| Plan Effective Date | 1993-01-27 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Borgwarner Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 6,311 | $1.7B |
| 2023 | 2 | 6,286 | $1.8B |
| 2024 | 2 | 6,642 | $1.7B |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Borgwarner Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Scale composition for Borgwarner Inc. Retirement Savings Plan
Borgwarner Inc. Retirement Savings Plan reports $1.6B in end-of-year assets across 5,809 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $269,881 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2022 was -$375M.
This plan identity (EIN 133404508, plan #066) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $1.6B (+1.7%) while covered participants moved from 5,809 to 6,261 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,809 | $1.6B | This page |
| 2023 | 5,855 | $1.7B | Open filing |
| 2024 · index core | 6,261 | $1.6B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Borgwarner Inc. Retirement Savings Plan (401(k), $1.6B, 6,261 participants)
- Borgwarner Inc. Retirement Plan (Defined Benefit (Pension), $127M, 381 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Borgwarner Inc. Retirement Savings Plan by total assets, not by location.
- The Huntington 401(k) Plan (OH) $1.6B · 19,542
- Invesco 401(k) Plan (GA) $1.6B · 3,316
- Syngenta Corporation Investment Savings Plan (NC) $1.6B · 3,924
- United Rentals 401(k) Investment Plan (CT) $1.6B · 17,244
Frequently Asked Questions
How did Borgwarner Inc. Retirement Savings Plan assets move in 2022? ▼
How have Borgwarner Inc. plan assets changed over time? ▼
Where does Borgwarner Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Borgwarner Inc. Retirement Savings Plan
Filing takeaways
Ways to act on Borgwarner Inc. Retirement Savings Plan's numbers.
- By total assets, Borgwarner Inc. Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Borgwarner Inc.'s sponsor-wide assets have grown 1.4% since 2022 across 3 plan years on file. More Manufacturing plans