401(k)
2022 plan-year 401(k) DOL Form 5500

Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Ford Motor Company · Michigan · Manufacturing

What the 2023 filing shows

Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees holds $6.4B for 57,811 participants — about $111,494 per participant, down 21.0% over the 2022 plan year.

$6.4B
total plan assets (2022 EOY)
57,811
covered participants
$111,494
avg assets per participant
-21.0%
assets change YoY

The plan reported a net loss of $1.7B for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$6.4B
Participants
57,811
State
Industry
Manufacturing

What the Filing Says About Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees

Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees is a 401(k) retirement plan sponsored by Ford Motor Company, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $6.4B in total end-of-year assets and covers 57,811 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 380549190, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8.2B at the beginning of 2022 to $6.4B at year-end — a decline of 21.0%. Net assets (after liabilities) closed the year at $6.4B, with reported net income of $-1,704,801,600 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$8.2B
Total Assets (End of Year)$6.4B
Net Assets (End of Year)$6.4B
Net Income$-1,704,801,600
Plan Type401(k)
Employer EIN380549190
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ford Motor Company)

Year Plans Participants Total Assets
2022 5 130,980 $53.1B
2023 5 127,172 $55.3B
2024 5 127,396 $55.6B

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees?
As of the 2022 Form 5500 filing, Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees holds $6.4B in total assets with 57,811 participants. It is sponsored by Ford Motor Company.
What type of plan is Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees?
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees is a 401(k) plan. It has been effective since 1985-01-01. The plan is filed with the U.S. Department of Labor under EIN 380549190.
Who sponsors the Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees?
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees is sponsored by Ford Motor Company, located in Michigan. The sponsor's EIN is 380549190 and the plan operates in the Manufacturing industry.
How did Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees perform in 2022?
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees declined by 21.0% during 2022, moving from $8.2B to $6.4B in total assets. Net income was $-1,704,801,600.
Where can I find official filings for Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees?
Official Form 5500 filings for Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 380549190 or plan name at efast.dol.gov.
How does Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees compare to other plans?
You can compare Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 380549190.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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