401(k) · DOL Form 5500 · 2023

Akebono Brake Corporation 401(k) Plan

Data updated 2026-08-25

$145M
Total assets Near avg plan size
1,038
Participants Near avg headcount
93rd
Percentile by assets National rank
$140,074
Avg per participant Near avg balance/head
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Official DOL plan name: Akebono Brake Corporation Retirement Savings Plan · Sponsored by Akebono Brake Corporation · Michigan · Professional & Technical Services

$145M in assets, 1,038 participants

Akebono Brake Corporation's Akebono Brake Corporation Retirement Savings Plan reported $145M in total assets and 1,038 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #19,220 in Professional & Technical Services (20,321 peers)

Where Akebono Brake Corporation Retirement Savings Plan sits by assets

Akebono Brake Corporation Retirement Savings Plan sits in the top 10% of all filed plans by assets, $145M for 1,038 participants (~$140,074/participant), up 10.0% in 2023.

#19,220
in Professional & Technical Services (20,321 peers)
+10.0%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Akebono Brake Corporation Retirement Savings Plan's outsized position by total assets

Akebono Brake Corporation Retirement Savings Plan vs every filed plan by assets

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

$145,397,135 Top 7% higher than 93% 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

Akebono Brake Corporation Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Akebono Brake Corporation Retirement Savings Plan lands in the large band (1,038 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Akebono Brake Corporation Retirement Savings Plan reported net income rose from -$40M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Akebono Brake Corporation Retirement Savings Plan end-of-year assets rose from $132M in the plan year 2022 filing to $145M in the plan year 2023 filing.
  • Akebono Brake Corporation Retirement Savings Plan reported participants fell from 1,129 in the plan year 2022 filing to 1,038 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 363993763 · Akebono Brake Corporation PY 2023 · 401(k)

Akebono Brake Corporation Retirement Savings Plan · $145M · 1,038 · 93rd

  • TYPE $145M
  • TYPE 1,038
  • TYPE 93rd
  • TYPE 401(k)
  • TYPE near AFL-CIO Deferred Compensation Plan
  • TYPE ind #19220

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Akebono Brake Corporation Retirement Savings Plan in the asset neighbourhood

Rockford Health System Retirement PlanRockford Health System Retir…$145MAkebono Brake Corporation Retirement Savings PlanAkebono Brake Corporation Re…$145MAFL-CIO Deferred Compensation PlanAFL-CIO Deferred Compensatio…$145MThe Clearing House Incentive Account PlanThe Clearing House Incentive…$145MIneos Savings and Investment Plan (Sip)Ineos Savings and Investment…$145M
End-of-year total assets ($M) among Akebono Brake Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$132M
Net Assets (End of Year)$145M
Net Income$13M
Employer EIN363993763
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Akebono Brake Corporation)

Sponsor-wide plan assets over time

All Akebono Brake Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$148M 12.096171216486226% vs 2022
2024 filing year
$130M$135M$140M$145M$150M 202220232024 $132M $148M ▲ +12.1%
Year Plans Participants Total Assets
2022 1 1,129 $132M
2023 1 1,038 $145M
2024 1 1,009 $148M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Akebono Brake Corporation Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Akebono Brake Corporation Retirement Savings Plan, Total assets ($B): 0.145397135 · Participants: 1038Akebono Brake Corporation Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Akebono Brake Corporation Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Akebono Brake Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is AFL-CIO Deferred Compensation Plan in DC ($145M); by covered participants it is Team Industries 401(k) Plan in MN (1,038 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($145M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,038 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.

Frequently Asked Questions

How did Akebono Brake Corporation Retirement Savings Plan assets move in 2023? ▼
Akebono Brake Corporation Retirement Savings Plan grew at a solid clip - up 10.0% during 2023, from $132M to $145M. Reported net income was $13M.
How have Akebono Brake Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Akebono Brake Corporation's sponsor-wide assets grew 12.1%, from $132M to $148M.
Where does Akebono Brake Corporation Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Akebono Brake Corporation Retirement Savings Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Akebono Brake Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is AFL-CIO Deferred Compensation Plan in DC ($145M, 851 participants).
Which 401(k) plans cover a similar participant headcount to Akebono Brake Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Team Industries 401(k) Plan in MN (1,038 participants, $95M in assets).