401(k) · DOL Form 5500 · 2022
Michelin North America, Inc. C/O Retirement Manager 401(k) Plan
Data updated 2026-08-11
- $3.6B
- Total assets
- 13,708
- Participants
- 100th
- Percentile by assets
- $263,775
- Avg per participant
Official DOL plan name: Michelin 401(k) Savings Plan · Sponsored by Michelin North America, Inc. C/O Retirement Manager · South Carolina · Manufacturing
$3.6B in assets, 13,708 participants
Michelin North America, Inc. C/O Retirement Manager's Michelin 401(k) Savings Plan reported $3.6B in total assets and 13,708 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 139,126 plans)
- #20,468 in Manufacturing (20,602 peers)
Coverage in South Carolina
Michelin 401(k) Savings Plan covers 13,708 participants in South Carolina, 37x the typical South Carolina plan (state average ~369 per filing). Assets: $3.6B.
- $3.6B
- total plan assets (2022 EOY)
- 13,708
- covered participants
- 100th
- percentile by assets (of 139,126 plans)
- $263,775
- avg assets per participant
The plan reported a net loss of $671M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs South Carolina filers
In South Carolina, the average filing covers about 369 participants across 1,490 plans. Michelin 401(k) Savings Plan reports 13,708 participants - 37x that state average ($3.6B EOY assets).
South Carolina filing particulars
| Total Assets (Beginning of Year) | $4.3B |
|---|---|
| Net Assets (End of Year) | $3.6B |
| Net Income | -$671M |
| Employer EIN | 111724631 |
| Plan Effective Date | 1986-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Michelin North America, Inc. C/O Retirement Manager)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 20,900 | $6.0B |
| 2023 | 5 | 21,315 | $6.6B |
| 2024 | 3 | 17,835 | $4.8B |
Nearby 401(k) Plans in South Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Michelin 401(k) Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.2B · 7,829
- Sonoco Retirement & Savings Plan $1.2B · 9,714
- The Milliken Retirement Plan $1.2B · 6,185
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.1B · 11,881
- Southeastern Freight Lines Retirement Savings Program $897M · 8,671
Scale composition for Michelin 401(k) Savings Plan
Michelin 401(k) Savings Plan reports $3.6B in end-of-year assets across 13,708 participants (0.029% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $263,775 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2022 was -$671M.
This plan identity (EIN 111724631, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.6B to $4.5B (+23.8%) while covered participants moved from 13,708 to 15,095 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 13,708 | $3.6B | This page |
| 2023 | 14,439 | $4.1B | Open filing |
| 2024 · index core | 15,095 | $4.5B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Michelin 401(k) Savings Plan (401(k), $4.5B, 15,095 participants)
- Michelin Retirement Plan (Defined Benefit (Pension), $2.2B, 3,743 participants)
- Bfg Wage Defined Contribution Retirement Plan (401(k), $300M, 2,465 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Michelin 401(k) Savings Plan by total assets, not by location.
- The Principal Select Savings Plan (IA) $3.6B · 12,201
- Thomson Reuters 401(k) Savings Plan (MN) $3.6B · 10,255
- Eversource 401(k) Plan (CT) $3.6B · 9,111
- Northwestern Memorial Employee 401(k) Pre-Tax Savings Plan (IL) $3.6B · 31,855
Frequently Asked Questions
How did Michelin 401(k) Savings Plan assets move in 2022? ▼
How have Michelin North America, Inc. C/O Retirement Manager plan assets changed over time? ▼
Where does Michelin 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Michelin 401(k) Savings Plan? ▼
Next read for Michelin 401(k) Savings Plan
Filing takeaways
Ways to act on Michelin 401(k) Savings Plan's numbers.
- By total assets, Michelin 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
- Michelin North America, Inc. C/O Retirement Manager's sponsor-wide assets have declined 19.1% since 2022 across 3 plan years on file. More Manufacturing plans