401(k) · DOL Form 5500 · 2022
American Axle & Manufacturing, Inc. 401(k) Plan
Data updated 2026-08-25
- $217M
- Total assets Near avg plan size
- 6,431
- Participants Above avg headcount
- 96th
- Percentile by assets National rank
- $33,796
- Avg per participant Low balance/head
Official DOL plan name: American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates · Sponsored by American Axle & Manufacturing, Inc. · Michigan · Manufacturing
$217M in assets, 6,431 participants
American Axle & Manufacturing, Inc.'s American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates reported $217M in total assets and 6,431 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- #19,260 in Manufacturing (20,602 peers)
Coverage in Michigan
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates covers 6,431 participants in Michigan, 10x the typical Michigan plan (state average ~638 per filing). Assets: $217M.
- #19,260
- in Manufacturing (20,602 peers)
- -21.2%
- assets change YoY
- 2.2×
- vs typical plan assets (national mean)
The plan reported a net loss of $57M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates's outsized position by total assets
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$217,339,317 Top 4% higher than 96% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates'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. American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates lands in the large band (6,431 participants).
DOL schedule card
Filing strip 383138388 · American Axle & Manufacturing, Inc. PY 2022 · 401(k)
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates · $217M · 6,431 · 96th
- SCH $217M
- EBSA 6,431
- PART 96th
- TYPE 401(k)
- NET near Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan
- BOOK ind #19260
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 Manufacturing retirement plans → · Plans in Michigan →
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $276M |
|---|---|
| Net Assets (End of Year) | $217M |
| Net Income | -$57M |
| Employer EIN | 383138388 |
| Plan Effective Date | 1994-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (American Axle & Manufacturing, Inc.)
Sponsor-wide plan assets over time
All American Axle & Manufacturing, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.2B 19.866179035552157% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 9,599 | $1.0B |
| 2023 | 3 | 6,499 | $1.2B |
| 2024 | 3 | 6,788 | $1.2B |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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 American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates reports $217M in end-of-year assets across 6,431 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $33,796 per participant (24% of the national average assets-per-participant) . Net income for plan year 2022 was -$57M.
This plan identity (EIN 383138388, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $217M to $258M (+18.7%) while covered participants moved from 6,431 to 4,126 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,431 | $217M | This page |
| 2023 | 3,902 | $245M | Open filing |
| 2024 · index core | 4,126 | $258M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- American Axle & Manufacturing, Inc. Salaried Savings Plan (401(k), $707M, 1,926 participants)
- American Axle & Manufacturing, Inc. Pension Plan (Defined Benefit (Pension), $270M, 736 participants)
- American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates (401(k), $258M, 4,126 participants)
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan in VA ($217M); by covered participants it is BUILDWISE in NJ (6,435 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($217M here).
- Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan (VA) $217M · 1,930
- Armanino LLP 401(k) Profit Sharing Plan (CA) $217M · 2,192
- The Park National Corporation Employees Stock Ownership Plan (OH) $217M · 1,702
- Signature Aviation USA, LLC 401(k) Plan (FL) $217M · 4,665
Similar participant headcount
Nearest other-state filings by covered participants (6,431 participants); asset peers above are excluded.
- BUILDWISE (NJ) 6,435 · 4 off
- Idexx Retirement and Incentive Savings Plan (ME) 6,436 · 5 off
- The Fresh Market, Inc. Employees 401(k) Savings Plan (NC) 6,438 · 7 off
- Burlington Northern Santa Fe Investment and Retirement Plan (TX) 6,423 · 8 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.