Defined Benefit (Pension) · DOL Form 5500 · 2023

Nemak USA, Inc. Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
N/A
Participants Small participant base
48th
Percentile by assets National rank
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Official DOL plan name: Nemak Pension Plan for UAW Hourly Employees · Sponsored by Nemak USA, Inc. · Michigan · Manufacturing

$6M in assets, N/A participants

Nemak USA, Inc.'s Nemak Pension Plan for UAW Hourly Employees reported $6M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #6,014 in Manufacturing (18,722 peers)

Nemak USA, Inc. multi-year trail

Nemak USA, Inc.'s plans moved +28.9% in assets from 2022 to 2024; this filing shows Nemak Pension Plan for UAW Hourly Employees at $6M / N/A participants.

#6,014
in Manufacturing (18,722 peers)
+5.5%
assets growth YoY

Nemak Pension Plan for UAW Hourly Employees's mid-pack asset rank among Manufacturing and all filers

Nemak Pension Plan for UAW Hourly Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,111,336 48th percentile higher than 48% of 127,068 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 2023

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nemak Pension Plan for UAW Hourly Employees reported net income rose from -$4M in the plan year 2022 filing to $321K in the plan year 2023 filing.
  • Nemak Pension Plan for UAW Hourly Employees end-of-year assets rose from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 621298183 · Nemak USA, Inc. PY 2023 · Defined Benefit (Pension)

Nemak Pension Plan for UAW Hourly Employees · $6M · N/A · 48th

  • NET $6M
  • NET N/A
  • NET 48th
  • NET Defined Benefit (Pension)
  • NET near Morrell Enterprises, Inc. Defined Benefit Pension Plan
  • NET ind #6014

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 Michigan →

Nemak Pension Plan for UAW Hourly Employees in the asset neighbourhood

Nemak Pension Plan for UAW Hourly EmployeesNemak Pension Plan for UAW H…$6MMorrell Enterprises, Inc. Defined Benefit Pension PlanMorrell Enterprises, Inc. De…$6MExcel Orthopaedic Specialists Cash Balance PlanExcel Orthopaedic Specialist…$6MRedgrave LLP Cash Balance Pension PlanRedgrave LLP Cash Balance Pe…$6MNissin Brake Ohio, Inc. Pension PlanNissin Brake Ohio, Inc. Pens…$6M
End-of-year total assets ($M) among Nemak Pension Plan for UAW Hourly Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Nemak USA, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Nemak USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$195M 28.851870141472663% vs 2022
2024 filing year
$140M$160M$180M$200M 202220232024 $152M $195M ▲ +28.8%
Year Plans Participants Total Assets
2022 2 2,022 $152M
2023 2 2,151 $181M
2024 2 2,513 $195M

Nemak USA, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$321K
Employer EIN621298183
Plan Effective Date1960-12-30
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Nemak Pension Plan for UAW Hourly Employees vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Nemak Pension Plan for UAW Hourly Employees, Total assets ($B): 0.006111336 · Participants: 0Nemak Pension Plan for UAW Hourly EmployeesGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Nemak Pension Plan for UAW Hourly Employees vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Nemak Pension Plan for UAW Hourly Employees's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Michigan, the nearest Defined Benefit (Pension) by end-of-year assets is Morrell Enterprises, Inc. Defined Benefit Pension Plan in NY at $6M (this filing: $6M).

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nemak Pension Plan for UAW Hourly Employees assets move in 2023?
Nemak Pension Plan for UAW Hourly Employees grew at a solid clip - up 5.5% during 2023, from $6M to $6M. Reported net income was $321K.
How have Nemak USA, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nemak USA, Inc.'s sponsor-wide assets grew 28.9%, from $152M to $195M.
Which Defined Benefit (Pension) plans are similar in size to Nemak Pension Plan for UAW Hourly Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Morrell Enterprises, Inc. Defined Benefit Pension Plan in NY ($6M, 3 participants).