Defined Benefit (Pension) · DOL Form 5500 · 2022
Michelin North America, Inc Pension Plan
Data updated 2026-08-25
- $2.1B
- Total assets Very large vs avg
- 4,145
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $502,479
- Avg per participant High balance/head
Official DOL plan name: Michelin Retirement Plan · Sponsored by Michelin North America, Inc · South Carolina · Manufacturing
$2.1B in assets, 4,145 participants
Michelin North America, Inc's Michelin Retirement Plan reported $2.1B in total assets and 4,145 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #20,398 in Manufacturing (20,602 peers)
Coverage in South Carolina
Michelin Retirement Plan covers 4,145 participants in South Carolina, 11x the typical South Carolina plan (state average ~369 per filing). Assets: $2.1B.
- #20,398
- in Manufacturing (20,602 peers)
- -11.3%
- assets change YoY
- 21×
- vs typical plan assets (national mean)
The plan reported a net loss of $279M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Michelin Retirement Plan's outsized position by total assets
Michelin Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,082,777,357 Top 1% higher than 99% 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 Retirement Plan's large-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 Retirement Plan lands in the large band (4,145 participants).
Published 5500 schedule card
Filing strip 111724631 · Michelin North America, Inc PY 2022 · Defined Benefit (Pension)
Michelin Retirement Plan · $2.1B · 4,145 · 99th
- PART $2.1B
- TYPE 4,145
- NET 99th
- BOOK Defined Benefit (Pension)
- VS-ST near The Hcsc Employees Pension Plan
- BOY ind #20398
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 Retirement Plan in the asset neighbourhood
South Carolina filing particulars
| Total Assets (Beginning of Year) | $2.3B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | -$279M |
| Employer EIN | 111724631 |
| Plan Effective Date | 1958-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Michelin North America, Inc)
Sponsor-wide plan assets over time
All Michelin North America, Inc 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 Defined Benefit (Pension) Plans in South Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan $3.7B · 2,366
- Non-Contributory Retirement Program for Certain Empl of Bcbssc $1.2B · 4,649
- Kennametal Inc. Retirement Income Plan $535M · 619
- Waterfront Employers - Ila Pension Plan $440M · 1,720
- Pension Plan for Hourly-Paid Employees of Continental Automotive Inc. & Certain Affiliated Companies $398M · 935
Michelin Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside South Carolina, the nearest Defined Benefit (Pension) by assets is The Hcsc Employees Pension Plan in TX ($2.1B); by covered participants it is San Diego Electrical Pension Plan in CA (4,142 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.1B here).
- The Hcsc Employees Pension Plan (TX) $2.1B · 20,684
- National Grid USA Companies Final Average Pay Pension Plan (NY) $2.1B · 2,513
- New York Hotel Trades Council and Hotel Association of New York City, Inc. Pension Fund (NY) $2.1B · 18,205
- Cargill, Inc. and Associated Companies Salaried Employees Pension Plan (MN) $2.1B · 2,052
Similar participant headcount
Nearest other-state filings by covered participants (4,145 participants); asset peers above are excluded.
- San Diego Electrical Pension Plan (CA) 4,142 · 3 off
- Volvo Group North America Retirement Plan (NC) 4,150 · 5 off
- Eversource Pension Plan (CT) 4,126 · 19 off
- Jm Family Enterprises, Inc. Associates' Retirement Plan (FL) 4,167 · 22 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.