401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$4.1B
Total assets Very large vs avg
14,439
Participants Very large workforce
100th
Percentile by assets National rank
$282,652
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Michelin 401(k) Savings Plan · Sponsored by Michelin North America, Inc. C/O Retirement Manager · South Carolina · Manufacturing

$4.1B in assets, 14,439 participants

Michelin North America, Inc. C/O Retirement Manager's Michelin 401(k) Savings Plan reported $4.1B in total assets and 14,439 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.

  • #18,595 in Manufacturing (18,722 peers)

Coverage in South Carolina

Michelin 401(k) Savings Plan covers 14,439 participants in South Carolina, 39x the typical South Carolina plan (state average ~369 per filing). Assets: $4.1B.

#18,595
in Manufacturing (18,722 peers)
+12.9%
assets growth YoY
41×
vs typical plan assets (national mean)

Michelin 401(k) Savings Plan's outsized position by total assets

Michelin 401(k) Savings Plan vs every filed plan by assets

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

$4,081,217,676 Highest reported value at or above every one 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

Michelin 401(k) Savings Plan'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. Michelin 401(k) Savings Plan is a mega filing (14,439 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michelin 401(k) Savings Plan reported net income rose from -$671M in the plan year 2022 filing to $465M in the plan year 2023 filing.
  • Michelin 401(k) Savings Plan end-of-year assets rose from $3.6B in the plan year 2022 filing to $4.1B in the plan year 2023 filing.
  • Michelin 401(k) Savings Plan reported participants rose from 13,708 in the plan year 2022 filing to 14,439 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

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

Michelin 401(k) Savings Plan · $4.1B · 14,439 · 100th

  • EIN $4.1B
  • EIN 14,439
  • EIN 100th
  • EIN 401(k)
  • EIN near Starbucks Corporation 401(k) Plan
  • EIN ind #18595

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 →

Michelin 401(k) Savings Plan in the asset neighbourhood

Starbucks Corporation 401(k) PlanStarbucks Corporation 401(k)…$4.1BBlackrock Retirement Savings PlanBlackrock Retirement Savings…$4.1BBaylor Scott & White Health Retirement Savings PlanBaylor Scott & White Health …$4.1BMichelin 401(k) Savings Plan$4.1BItw Savings and Investment PlanItw Savings and Investment P…$4.1B
End-of-year total assets ($B) among Michelin 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$3.6B
Net Assets (End of Year)$4.1B
Net Income$465M
Employer EIN111724631
Plan Effective Date1986-10-01
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.

Michelin 401(k) Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 6000800010000120001400016000 12345 Total assets ($B) Participants Michelin 401(k) Savings Plan, Total assets ($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 PlanThe Milliken Retirement Plan, Total assets ($B): 1.261180332 · Participants: 6497The Milliken Retirement Plan
Michelin 401(k) Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Michelin 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Michelin 401(k) Savings Plan

Michelin 401(k) Savings Plan reports $4.1B in end-of-year assets across 14,439 participants (0.033% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $282,652 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2023 was $465M.

This plan identity (EIN 111724631, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.6B to $4.5B (+23.8%) while covered participants moved from 13,708 to 15,095 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,708 $3.6B Open filing
2023 14,439 $4.1B This page
2024 · index core 15,095 $4.5B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Michelin 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Starbucks Corporation 401(k) Plan in WA ($4.1B); by covered participants it is Roa 401(k) Plan in GA (14,408 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (14,439 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 Michelin 401(k) Savings Plan assets move in 2023? ▼
Michelin 401(k) Savings Plan grew at a solid clip - up 12.9% during 2023, from $3.6B to $4.1B. Reported net income was $465M.
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 Michelin 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Michelin 401(k) Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Michelin 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Starbucks Corporation 401(k) Plan in WA ($4.1B, 260,701 participants).
Which 401(k) plans cover a similar participant headcount to Michelin 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Roa 401(k) Plan in GA (14,408 participants, N/A 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 111724631.

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.