401(k) · DOL Form 5500 · 2022
Michelin North America, Inc. C/O Retirement Manager 401(k) Plan
Data updated 2026-08-25
- $3.6B
- Total assets Very large vs avg
- 13,708
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $263,775
- Avg per participant High balance/head
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.
- #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.
- #20,468
- in Manufacturing (20,602 peers)
- -15.6%
- assets change YoY
- 36×
- vs typical plan assets (national mean)
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.
Michelin 401(k) Savings Plan's outsized position by total assets
Michelin 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$3,615,828,322 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Michelin 401(k) Savings Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michelin 401(k) Savings Plan is a mega filing (13,708 participants), the rightmost band on the breakdown.
DOL schedule card
Filing strip 111724631 · Michelin North America, Inc. C/O Retirement Manager PY 2022 · 401(k)
Michelin 401(k) Savings Plan · $3.6B · 13,708 · 100th
- NET $3.6B
- NET 13,708
- NET 100th
- NET 401(k)
- NET near The Principal Select Savings Plan
- NET ind #20468
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 Manufacturing retirement plans → · Plans in South Carolina →
Michelin 401(k) Savings Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Michelin North America, Inc. C/O Retirement Manager plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.8B 19.076346492976135% vs 2022
- 2024 filing year
| 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.
- 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)
Michelin 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside South Carolina, the nearest 401(k) by assets is The Principal Select Savings Plan in IA ($3.6B); by covered participants it is American Family 401(k) Plan in WI (13,713 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.6B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (13,708 participants); asset peers above are excluded.
- American Family 401(k) Plan (WI) 13,713 · 5 off
- Massachusetts Institute of Technology Supplemental 401(k) Plan (MA) 13,690 · 18 off
- Kraft Heinz Savings Plan (PA) 13,689 · 19 off
- Staples, Inc. Employees' 401(k) Savings Plan (MA) 13,729 · 21 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.