401(k) · DOL Form 5500 · 2022

American Axle & Manufacturing, Inc. 401(k) Plan

Data updated 2026-08-11

$522M
Total assets
2,298
Participants
98th
Percentile by assets
$227,037
Avg per participant
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Official DOL plan name: American Axle & Manufacturing, Inc. Salaried Savings Plan · Sponsored by American Axle & Manufacturing, Inc. · Michigan · Manufacturing

$522M in assets, 2,298 participants

American Axle & Manufacturing, Inc.'s American Axle & Manufacturing, Inc. Salaried Savings Plan reported $522M in total assets and 2,298 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,896 in Manufacturing (20,602 peers)

Coverage in Michigan

American Axle & Manufacturing, Inc. Salaried Savings Plan covers 2,298 participants in Michigan, 3.6x the typical Michigan plan (state average ~638 per filing). Assets: $522M.

$522M
total plan assets (2022 EOY)
2,298
covered participants
98th
percentile by assets (of 139,126 plans)
$227,037
avg assets per participant

The plan reported a net loss of $112M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. American Axle & Manufacturing, Inc. Salaried Savings Plan reports 2,298 participants - 3.6x that state average ($522M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$632M
Net Assets (End of Year)$522M
Net Income-$112M
Employer EIN383138388
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Axle & Manufacturing, Inc.)

$1B$1.1B$1.2B$1.3B 202220232024 $1.03B $1.24B ▲ +20.4%
Total plan assets by year, all American Axle & Manufacturing, Inc. plans on file
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.

American Axle & Manufacturing, Inc. Salaried Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

American Axle & Manufacturing, Inc. Salaried Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants American Axle & Manu…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
American Axle & Manufacturing, Inc. Salaried Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to American Axle & Manufacturing, Inc. Salaried Savings Plan by total assets, not by location.

Frequently Asked Questions

How did American Axle & Manufacturing, Inc. Salaried Savings Plan assets move in 2022?
American Axle & Manufacturing, Inc. Salaried Savings Plan declined sharply - down 17.4% during 2022, from $632M to $522M. Reported net income was -$112M.
How have American Axle & Manufacturing, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), American Axle & Manufacturing, Inc.'s sponsor-wide assets grew 19.9%, from $1.0B to $1.2B.
Where does American Axle & Manufacturing, Inc. Salaried Savings Plan rank by assets among Form 5500 filers?
American Axle & Manufacturing, Inc. Salaried Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to American Axle & Manufacturing, Inc. Salaried Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Black Knight 401(k) Profit Sharing Plan in FL ($522M, 4,181 participants).

Next read for American Axle & Manufacturing, Inc. Sala…

Filing takeaways

Ways to act on American Axle & Manufacturing, Inc. Salaried Savings Plan's numbers.

  • By total assets, American Axle & Manufacturing, Inc. Salaried Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • American Axle & Manufacturing, Inc.'s sponsor-wide assets have grown 19.9% since 2022 across 3 plan years on file. More Manufacturing plans