Defined Benefit (Pension) · DOL Form 5500 · 2022

Driv Automotive Inc. Pension Plan

Data updated 2026-08-25

$177M
Total assets Near avg plan size
606
Participants Below avg headcount
95th
Percentile by assets National rank
$291,259
Avg per participant High balance/head
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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.

  • #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.

#999
in Management of Enterprises (1,193 peers)
-20.8%
assets change YoY
1.8×
vs typical plan assets (national mean)

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's outsized position by total assets

Driv Employees Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$176,502,859 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Driv Employees Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Driv Employees Retirement Plan sits mid-pack in the medium band (606 participants).

Form 5500 schedule snapshot

Filing strip 834117479 · Driv Automotive Inc. PY 2022 · Defined Benefit (Pension)

Driv Employees Retirement Plan · $177M · 606 · 95th

  • BOOK $177M
  • BOOK 606
  • BOOK 95th
  • BOOK Defined Benefit (Pension)
  • BOOK near Sylvamo Pension Plan
  • BOOK ind #999

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 Management of Enterprises retirement plans → · Plans in Michigan →

Driv Employees Retirement Plan in the asset neighbourhood

IBEW Local 716 Pension Plan$177MDriv Employees Retirement PlanDriv Employees Retirement Pl…$177MSylvamo Pension Plan$176MSanofi Pasteur Inc. Retirement PlanSanofi Pasteur Inc. Retireme…$176MOffice and Professional Employees Pension Trust FundOffice and Professional Empl…$176M
End-of-year total assets ($M) among Driv Employees Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$223M
Net Assets (End of Year)$176M
Net Income-$46M
Employer EIN834117479
Plan Effective Date1999-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Driv Automotive Inc.)

Sponsor-wide plan assets over time

All Driv Automotive Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$121M 31.435204684134888% vs 2022
2024 filing year
$100M$150M$200M$250M 202220232024 $177M $121M ▼ -31.4%
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 Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Driv Employees Retirement Plan, Total assets ($B): 0.176502859 · Participants: 606Driv Employees Retirement PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pension Agreement
Driv Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Driv Employees Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Sylvamo Pension Plan in TN ($176M); by covered participants it is Mutual of Omaha Retirement Income Plan in NE (606 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($177M here).

Similar participant headcount

Nearest other-state filings by covered participants (606 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Driv Employees Retirement Plan assets move in 2022? ▼
Driv Employees Retirement Plan declined sharply - down 20.8% during 2022, from $223M to $177M. Reported net income was -$46M.
How have Driv Automotive Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Driv Automotive Inc.'s sponsor-wide assets declined 31.4%, from $177M to $121M.
Where does Driv Employees Retirement Plan rank by assets among Form 5500 filers? ▼
Driv Employees Retirement Plan ranks in the 95th 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 Defined Benefit (Pension) plans are similar in size to Driv Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sylvamo Pension Plan in TN ($176M, 854 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Driv Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mutual of Omaha Retirement Income Plan in NE (606 participants, $998M in assets).