401(k) · DOL Form 5500 · 2023

Michelin North America, Inc C/O Retirement Manager 401(k) Plan

Data updated 2026-08-25

$273M
Total assets Near avg plan size
2,595
Participants Above avg headcount
96th
Percentile by assets National rank
$105,321
Avg per participant Below avg balance/head
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Official DOL plan name: Bfg Wage Defined Contribution Retirement Plan · Sponsored by Michelin North America, Inc C/O Retirement Manager · South Carolina · Manufacturing

$273M in assets, 2,595 participants

Michelin North America, Inc C/O Retirement Manager's Bfg Wage Defined Contribution Retirement Plan reported $273M in total assets and 2,595 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,491 in Manufacturing (18,722 peers)

Coverage in South Carolina

Bfg Wage Defined Contribution Retirement Plan covers 2,595 participants in South Carolina, 7.0x the typical South Carolina plan (state average ~369 per filing). Assets: $273M.

#17,491
in Manufacturing (18,722 peers)
+17.1%
assets growth YoY
2.7×
vs typical plan assets (national mean)

Bfg Wage Defined Contribution Retirement Plan's outsized position by total assets

Bfg Wage Defined Contribution Retirement Plan vs every filed plan by assets

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

$273,308,055 Top 4% higher than 96% 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

Bfg Wage Defined Contribution Retirement 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. Bfg Wage Defined Contribution Retirement Plan lands in the large band (2,595 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bfg Wage Defined Contribution Retirement Plan reported net income rose from -$38M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Bfg Wage Defined Contribution Retirement Plan end-of-year assets rose from $233M in the plan year 2022 filing to $273M in the plan year 2023 filing.
  • Bfg Wage Defined Contribution Retirement Plan reported participants rose from 2,533 in the plan year 2022 filing to 2,595 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 111724631 · Michelin North America, Inc C/O Retirement Manager PY 2023 · 401(k)

Bfg Wage Defined Contribution Retirement Plan · $273M · 2,595 · 96th

  • ASSETS $273M
  • ASSETS 2,595
  • ASSETS 96th
  • ASSETS 401(k)
  • ASSETS near Nclc 401(k) Plan
  • ASSETS ind #17491

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 South Carolina →

Bfg Wage Defined Contribution Retirement Plan in the asset neighbourhood

Bfg Wage Defined Contribution Retirement PlanBfg Wage Defined Contributio…$273MNclc 401(k) Plan$273MAwg, Inc Restated 401(k) Plan$273MDiasorin 401(k) Plan$273MPath Profit Sharing 401(k) Incentive PlanPath Profit Sharing 401(k) I…$273M
End-of-year total assets ($M) among Bfg Wage Defined Contribution Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$233M
Net Assets (End of Year)$273M
Net Income$40M
Employer EIN111724631
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michelin North America, Inc C/O Retirement Manager)

Sponsor-wide plan assets over time

All Michelin North America, Inc C/O Retirement Manager plans reported in each filing year

Latest sponsor-wide plan assets
$4.8B 19.076346492976135% vs 2022
2024 filing year
$4B$5B$6B$7B 202220232024 $5.98B $4.84B ▼ -19.1%
Year Plans Participants Total Assets
2022 5 20,900 $6.0B
2023 5 21,315 $6.6B
2024 3 17,835 $4.8B

Nearby 401(k) Plans in South Carolina

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

Bfg Wage Defined Contribution Retirement Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 012345 Total assets ($B) Participants Bfg Wage Defined Contribution Retirement Plan, Total assets ($B): 0.273308055 · Participants: 2595Bfg Wage Defined Contribution Retirement PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Bfg Wage Defined Contribution Retirement Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Bfg Wage Defined Contribution Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Nclc 401(k) Plan in FL ($273M); by covered participants it is Mexico Foods 401(k) Plan in TX (2,595 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($273M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,595 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 Bfg Wage Defined Contribution Retirement Plan assets move in 2023? ▼
Bfg Wage Defined Contribution Retirement Plan grew sharply - up 17.1% during 2023, from $233M to $273M. Reported net income was $40M.
How have Michelin North America, Inc C/O Retirement Manager plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michelin North America, Inc C/O Retirement Manager's sponsor-wide assets declined 19.1%, from $6.0B to $4.8B.
Where does Bfg Wage Defined Contribution Retirement Plan rank by assets among Form 5500 filers? ▼
Bfg Wage Defined Contribution Retirement Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Bfg Wage Defined Contribution Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nclc 401(k) Plan in FL ($273M, 4,251 participants).
Which 401(k) plans cover a similar participant headcount to Bfg Wage Defined Contribution Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mexico Foods 401(k) Plan in TX (2,595 participants, $7M in assets).