Defined Benefit (Pension) · DOL Form 5500 · 2022
Driv Automotive Inc. Pension Plan
Data updated 2026-08-11
- $177M
- Total assets
- 606
- Participants
- 95th
- Percentile by assets
- $291,259
- Avg per participant
Official DOL plan name: Driv Employees Retirement Plan · Sponsored by Driv Automotive Inc. · Michigan · Management of Enterprises
$177M in assets, 606 participants
Driv Automotive Inc.'s Driv Employees Retirement Plan reported $177M in total assets and 606 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 139,126 plans)
- #999 in Management of Enterprises (1,193 peers)
Where Driv Employees Retirement Plan sits by assets
Driv Employees Retirement Plan sits in the top 5% of all filed plans by assets, $177M for 606 participants (~$291,259/participant), down 20.8% in 2022.
- $177M
- total plan assets (2022 EOY)
- 606
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $291,259
- avg assets per participant
The plan reported a net loss of $46M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Driv Employees Retirement Plan vs the 2022 asset distribution
By assets, Driv Employees Retirement Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $223M |
|---|---|
| Net Assets (End of Year) | $176M |
| Net Income | -$46M |
| Employer EIN | 834117479 |
| Plan Effective Date | 1999-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Driv Automotive Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 12,032 | $177M |
| 2023 | 1 | 544 | $194M |
| 2024 | 1 | 473 | $121M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Driv Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $40.2B · 18,766
- Ford Motor Company UAW Retirement Plan $19.3B · 27,567
- Ford Motor Company General Retirement Plan $13.4B · 11,760
- Dow Employees' Pension Plan $13.0B · 13,759
- Fca US LLC UAW Pension Agreement $8.6B · 14,563
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Driv Employees Retirement Plan by total assets, not by location.
- Sylvamo Pension Plan (TN) $176M · 854
- IBEW Local 716 Pension Plan (TX) $177M · 2,200
- Sanofi Pasteur Inc. Retirement Plan (PA) $176M · 1,421
- Office and Professional Employees Pension Trust Fund (CA) $176M · 383
Frequently Asked Questions
How did Driv Employees Retirement Plan assets move in 2022? ▼
How have Driv Automotive Inc. plan assets changed over time? ▼
Where does Driv Employees Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Driv Employees Retirement Plan? ▼
Next read for Driv Employees Retirement Plan
Scale reading
Ways to act on Driv Employees Retirement Plan's numbers.
- By total assets, Driv Employees Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- Driv Automotive Inc.'s sponsor-wide assets have declined 31.4% since 2022 across 3 plan years on file. More Management of Enterprises plans