401(k) · DOL Form 5500 · 2023
Maxion Wheels U.S.a. LLC 401(k) Plan
Data updated 2026-08-25
- $72M
- Total assets Below avg plan size
- 230
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $311,492
- Avg per participant High balance/head
Official DOL plan name: Maxion Wheels Retirement Savings Plan · Sponsored by Maxion Wheels U.S.a. LLC · Michigan · Manufacturing
$72M in assets, 230 participants
Maxion Wheels U.S.a. LLC's Maxion Wheels Retirement Savings Plan reported $72M in total assets and 230 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.
- #15,619 in Manufacturing (18,722 peers)
Coverage in Michigan
Maxion Wheels Retirement Savings Plan covers 230 participants in Michigan, about 36% of the average Michigan filer (state average ~638 per filing). Assets: $72M.
- #15,619
- in Manufacturing (18,722 peers)
- -4.5%
- assets change YoY
- 0.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Maxion Wheels Retirement Savings Plan's outsized position by total assets
Maxion Wheels Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$71,643,171 Top 11% higher than 89% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Maxion Wheels Retirement Savings Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Maxion Wheels Retirement Savings Plan sits mid-pack in the medium band (230 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Maxion Wheels Retirement Savings Plan reported net income rose from -$25M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
- Maxion Wheels Retirement Savings Plan end-of-year assets fell from $75M in the plan year 2022 filing to $72M in the plan year 2023 filing.
- Maxion Wheels Retirement Savings Plan reported participants fell from 237 in the plan year 2022 filing to 230 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 300167742 · Maxion Wheels U.S.a. LLC PY 2023 · 401(k)
Maxion Wheels Retirement Savings Plan · $72M · 230 · 89th
- VS-ST $72M
- VS-ST 230
- VS-ST 89th
- VS-ST 401(k)
- VS-ST near U.S. Borax Inc. 401(k) Savings & Retirement Contribution Plan for Represented Employees
- VS-ST ind #15619
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 →
Maxion Wheels Retirement Savings Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $75M |
|---|---|
| Net Assets (End of Year) | $72M |
| Net Income | -$3M |
| Employer EIN | 300167742 |
| Plan Effective Date | 1993-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Maxion Wheels U.S.a. LLC)
Sponsor-wide plan assets over time
All Maxion Wheels U.S.a. LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $76M 0.8755965225058199% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 237 | $75M |
| 2023 | 1 | 230 | $72M |
| 2024 | 1 | 246 | $76M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Maxion Wheels Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is U.S. Borax Inc. 401(k) Savings & Retirement Contribution Plan for Represented Employees in UT ($72M); by covered participants it is D2g Group, LLC 401(k) Plan in MA (230 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($72M here).
- U.S. Borax Inc. 401(k) Savings & Retirement Contribution Plan for Represented Employees (UT) $72M · 629
- Harrington Industrial Plastics 401(k) Plan (CA) $72M · 627
- Washington Education Association Staff 401(k) Plan (WA) $72M · 190
- Girl Scouts of the United States of America 401(k) Plan (NY) $72M · 290
Similar participant headcount
Nearest other-state filings by covered participants (230 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.