401(k) · DOL Form 5500 · 2023

Akebono Brake Corporation 401(k) Plan

Data updated 2026-08-11

$145M
Total assets
1,038
Participants
93rd
Percentile by assets
$140,074
Avg per participant
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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.

  • 93rd percentile by assets (of 127,072 plans)
  • #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.

$145M
total plan assets (2023 EOY)
1,038
covered participants
93rd
percentile by assets (of 127,072 plans)
$140,074
avg assets per participant

Where Akebono Brake Corporation Retirement Savings Plan sits 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 $2,010,000,000 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

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 →

State
Michigan
Industry
Professional & Technical Services

Akebono Brake Corporation Retirement Savings Plan vs the 2023 asset distribution

By assets, Akebono Brake Corporation Retirement Savings Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

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)

$130M$135M$140M$145M$150M 202220232024 $132M $148M ▲ +12.1%
Total plan assets by year, all Akebono Brake Corporation plans on file
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 ($B) Participants Akebono Brake Corpor…, Total assets ($B): 0.145397135 · Participants: 1038Akebono Brake Corpor…General Motors Retir…, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Com…The General Motors P…, Total assets ($B): 8.580684909 · Participants: 40393The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-E…
Akebono Brake Corporation Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Akebono Brake Corporation Retirement Sav… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Akebono Brake Corporation Retirement Savings Plan by total assets, not by location.

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).

Next read for Akebono Brake Corporation Retirement Sav…

Scale reading

Ways to act on Akebono Brake Corporation Retirement Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363993763.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.