401(k) · DOL Form 5500 · 2023
Ford Motor Company 401(k) Plan
Data updated 2026-08-25
- $7.6B
- Total assets Very large vs avg
- 59,195
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $128,678
- Avg per participant Near avg balance/head
Official DOL plan name: Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees · Sponsored by Ford Motor Company · Michigan · Manufacturing
$7.6B in assets, 59,195 participants
Ford Motor Company's Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees reported $7.6B in total assets and 59,195 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- #18,649 in Manufacturing (18,722 peers)
Coverage in Michigan
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees covers 59,195 participants in Michigan, 93x the typical Michigan plan (state average ~638 per filing). Assets: $7.6B.
- #18,649
- in Manufacturing (18,722 peers)
- +18.2%
- assets growth YoY
- 76×
- vs typical plan assets (national mean)
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees's outsized position by total assets
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$7,617,084,451 Highest reported value at or above every one 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
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees is a mega filing (59,195 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees reported net income rose from -$1.7B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees end-of-year assets rose from $6.4B in the plan year 2022 filing to $7.6B in the plan year 2023 filing.
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees reported participants rose from 57,811 in the plan year 2022 filing to 59,195 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 380549190 · Ford Motor Company PY 2023 · 401(k)
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees · $7.6B · 59,195 · 100th
- TYPE $7.6B
- TYPE 59,195
- TYPE 100th
- TYPE 401(k)
- TYPE near Nationwide Savings Plan
- TYPE ind #18649
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 →
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $6.4B |
|---|---|
| Net Assets (End of Year) | $7.6B |
| Net Income | $1.2B |
| Employer EIN | 380549190 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ford Motor Company)
Sponsor-wide plan assets over time
All Ford Motor Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $55.6B 4.756748816652535% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 130,980 | $53.1B |
| 2023 | 5 | 127,172 | $55.3B |
| 2024 | 5 | 127,396 | $55.6B |
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
- Stryker Corporation 401(k) Savings and Retirement Plan $6.6B · 24,750
Scale composition for Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees reports $7.6B in end-of-year assets across 59,195 participants (0.062% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.063% of 93,925,755 covered participants) - about $128,678 per participant (93% of the national average assets-per-participant) . Net income for plan year 2023 was $1.2B.
This plan identity (EIN 380549190, plan #025) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.4B to $8.3B (+28.7%) while covered participants moved from 57,811 to 60,497 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 57,811 | $6.4B | Open filing |
| 2023 | 59,195 | $7.6B | This page |
| 2024 · index core | 60,497 | $8.3B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Ford Motor Company UAW Retirement Plan (Defined Benefit (Pension), $17.8B, 25,742 participants)
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees (401(k), $17.3B, 31,790 participants)
- Ford Motor Company General Retirement Plan (Defined Benefit (Pension), $12.1B, 8,585 participants)
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees (401(k), $8.3B, 60,497 participants)
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Nationwide Savings Plan in OH ($7.6B); by covered participants it is Ernst & Young Retirement Savings Plan in NJ (59,346 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.6B here).
- Nationwide Savings Plan (OH) $7.6B · 24,715
- Astrazeneca Savings and Security Plan (DE) $7.6B · 13,734
- Phillips 66 Savings Plan (TX) $7.6B · 10,970
- Warner Bros. Discovery 401(k) Savings Plan (NY) $7.6B · 20,814
Similar participant headcount
Nearest other-state filings by covered participants (59,195 participants); asset peers above are excluded.
- Ernst & Young Retirement Savings Plan (NJ) 59,346 · 151 off
- Cracker Barrel Old Country Store, Inc. and Affiliates Employee Savings Plan (TN) 58,888 · 307 off
- GE Retirement Savings Plan (OH) 59,766 · 571 off
- Intel 401(k) Savings Plan (CA) 59,863 · 668 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.