Defined Benefit (Pension) · DOL Form 5500 · 2023

Motor Products Corporation Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
19
Participants Small participant base
48th
Percentile by assets National rank
$314,329
Avg per participant High balance/head
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Official DOL plan name: Motor Products Corporation UAW Local 743 Pension Plan · Sponsored by Motor Products Corporation · Michigan · Manufacturing

$6M in assets, 19 participants

Motor Products Corporation's Motor Products Corporation UAW Local 743 Pension Plan reported $6M in total assets and 19 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.

  • #5,902 in Manufacturing (18,722 peers)

Motor Products Corporation multi-year trail

Motor Products Corporation's plans moved +15.4% in assets from 2022 to 2024; this filing shows Motor Products Corporation UAW Local 743 Pension Plan at $6M / 19 participants.

#5,902
in Manufacturing (18,722 peers)
+10.2%
assets growth YoY

Motor Products Corporation UAW Local 743 Pension Plan's mid-pack asset rank among Manufacturing and all filers

Motor Products Corporation UAW Local 743 Pension Plan vs every filed plan by assets

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

$5,972,258 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

Motor Products Corporation UAW Local 743 Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Motor Products Corporation UAW Local 743 Pension Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Motor Products Corporation UAW Local 743 Pension Plan reported net income rose from -$2M in the plan year 2022 filing to $552K in the plan year 2023 filing.
  • Motor Products Corporation UAW Local 743 Pension Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Motor Products Corporation UAW Local 743 Pension Plan reported participants fell from 20 in the plan year 2022 filing to 19 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 381997727 · Motor Products Corporation PY 2023 · Defined Benefit (Pension)

Motor Products Corporation UAW Local 743 Pension Plan · $6M · 19 · 48th

  • EOY $6M
  • 5500 19
  • ASSETS 48th
  • PCT Defined Benefit (Pension)
  • EIN near Pension Plan for the Employees of Local 3 Union
  • RANK ind #5902

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 →

Motor Products Corporation UAW Local 743 Pension Plan in the asset neighbourhood

Low & Bonar Inc. Hourly Retirement PlanLow & Bonar Inc. Hourly Reti…$6MMotor Products Corporation UAW Local 743 Pension PlanMotor Products Corporation U…$6MPension Plan for the Employees of Local 3 UnionPension Plan for the Employe…$6MWestern Farm Bureau Pension PlanWestern Farm Bureau Pension …$6MPacifictech Molded Products Inc Defined Benefit Pension PlanPacifictech Molded Products …$6M
End-of-year total assets ($M) among Motor Products Corporation UAW Local 743 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Motor Products Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Motor Products Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$6M 15.446792368725381% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M 202220232024 $5.42M $6.26M ▲ +15.5%
Year Plans Participants Total Assets
2022 1 20 $5M
2023 1 19 $6M
2024 1 17 $6M

Motor Products Corporation filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$552K
Employer EIN381997727
Plan Effective Date1971-08-08
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Michigan

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

Motor Products Corporation UAW Local 743 Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Motor Products Corporation UAW Local 743 Pension Plan, Total assets ($B): 0.005972258 · Participants: 19Motor Products Corporation UAW Local 743 Pension PlanGeneral 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
Motor Products Corporation UAW Local 743 Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Motor Products Corporation UAW Local 743 Pension Plan side-by-side with 3 peers →

Motor Products Corporation UAW Local 743 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Pension Plan for the Employees of Local 3 Union in IL ($6M); by covered participants it is Aapex Community Pharmacy Defined Benefit Plan in TX (19 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19 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 Motor Products Corporation UAW Local 743 Pension Plan assets move in 2023? ▼
Motor Products Corporation UAW Local 743 Pension Plan grew at a solid clip - up 10.2% during 2023, from $5M to $6M. Reported net income was $552K.
How have Motor Products Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Motor Products Corporation's sponsor-wide assets grew 15.4%, from $5M to $6M.
Which Defined Benefit (Pension) plans are similar in size to Motor Products Corporation UAW Local 743 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for the Employees of Local 3 Union in IL ($6M, 4 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Motor Products Corporation UAW Local 743 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Aapex Community Pharmacy Defined Benefit Plan in TX (19 participants, $2M in assets).

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 381997727.

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.