Defined Benefit (Pension) · DOL Form 5500 · 2023

Borgwarner Inc. Pension Plan

Data updated 2026-08-25

$123M
Total assets Near avg plan size
431
Participants Below avg headcount
92nd
Percentile by assets National rank
$284,550
Avg per participant High balance/head
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Official DOL plan name: Borgwarner Inc. Retirement Plan · Sponsored by Borgwarner Inc. · Michigan · Manufacturing

$123M in assets, 431 participants

Borgwarner Inc.'s Borgwarner Inc. Retirement Plan reported $123M in total assets and 431 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #16,582 in Manufacturing (18,722 peers)

Where Borgwarner Inc. Retirement Plan sits by assets

Borgwarner Inc. Retirement Plan sits in the top 10% of all filed plans by assets, $123M for 431 participants (~$284,550/participant), down 5.0% in 2023.

#16,582
in Manufacturing (18,722 peers)
-5.0%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Borgwarner Inc. Retirement Plan's outsized position by total assets

Borgwarner Inc. Retirement Plan vs every filed plan by assets

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

$122,641,191 Top 8% higher than 92% 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

Borgwarner Inc. Retirement 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. Borgwarner Inc. Retirement Plan sits mid-pack in the medium band (431 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Borgwarner Inc. Retirement Plan reported net income rose from -$48M in the plan year 2022 filing to -$6M in the plan year 2023 filing.
  • Borgwarner Inc. Retirement Plan reported participants fell from 502 in the plan year 2022 filing to 431 in the plan year 2023 filing.
  • Borgwarner Inc. Retirement Plan end-of-year assets fell from $129M in the plan year 2022 filing to $123M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 133404508 · Borgwarner Inc. PY 2023 · Defined Benefit (Pension)

Borgwarner Inc. Retirement Plan · $123M · 431 · 92nd

  • VS-ST $123M
  • VS-ST 431
  • VS-ST 92nd
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Nfl Player Cash Balance Plan
  • VS-ST ind #16582

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 →

Borgwarner Inc. Retirement Plan in the asset neighbourhood

Borgwarner Inc. Retirement PlanBorgwarner Inc. Retirement P…$123MNfl Player Cash Balance Plan$122MGrand View Hospital Retirement Income PlanGrand View Hospital Retireme…$122MBridgestone Americas, Inc. Hourly Employees Retirement PlanBridgestone Americas, Inc. H…$122MUa of Plumbers & Pipefitters Local 51 Pension PlanUa of Plumbers & Pipefitters…$122M
End-of-year total assets ($M) among Borgwarner Inc. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$129M
Net Assets (End of Year)$123M
Net Income-$6M
Employer EIN133404508
Plan Effective Date1941-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Borgwarner Inc.)

Sponsor-wide plan assets over time

All Borgwarner Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 1.392454448663641% vs 2022
2024 filing year
$1.65B$1.7B$1.75B$1.8B 202220232024 $1.7B $1.72B ▲ +1.2%
Year Plans Participants Total Assets
2022 2 6,311 $1.7B
2023 2 6,286 $1.8B
2024 2 6,642 $1.7B

Nearby Defined Benefit (Pension) Plans in Michigan

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

Borgwarner Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Borgwarner Inc. Retirement Plan, Total assets ($B): 0.122641191 · Participants: 431Borgwarner Inc. Retirement 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
Borgwarner Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Borgwarner Inc. Retirement Plan side-by-side with 3 peers →

Borgwarner Inc. Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Nfl Player Cash Balance Plan in MD ($122M); by covered participants it is Sandvik Pension Plan in NC (431 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (431 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 Borgwarner Inc. Retirement Plan assets move in 2023? ▼
Borgwarner Inc. Retirement Plan edged down modestly - down 5.0% during 2023, from $129M to $123M. Reported net income was -$6M.
How have Borgwarner Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Borgwarner Inc.'s sponsor-wide assets grew 1.4%, from $1.7B to $1.7B.
Where does Borgwarner Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Borgwarner Inc. Retirement Plan ranks in the 92nd 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 Defined Benefit (Pension) plans are similar in size to Borgwarner Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Nfl Player Cash Balance Plan in MD ($122M, 1,731 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Borgwarner Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sandvik Pension Plan in NC (431 participants, $618M 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 133404508.

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.