Defined Benefit (Pension) · DOL Form 5500 · 2023

American Axle & Manufacturing, Inc. Pension Plan

Data updated 2026-08-25

$290M
Total assets Near avg plan size
787
Participants Near avg headcount
96th
Percentile by assets National rank
$369,119
Avg per participant High balance/head
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Official DOL plan name: American Axle & Manufacturing, Inc. Pension Plan · Sponsored by American Axle & Manufacturing, Inc. · Michigan · Manufacturing

$290M in assets, 787 participants

American Axle & Manufacturing, Inc.'s American Axle & Manufacturing, Inc. Pension Plan reported $290M in total assets and 787 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.

  • #17,538 in Manufacturing (18,722 peers)

Where American Axle & Manufacturing, Inc. Pension Plan sits by assets

American Axle & Manufacturing, Inc. Pension Plan sits in the top 5% of all filed plans by assets, $290M for 787 participants (~$369,119/participant), down 0.4% in 2023.

#17,538
in Manufacturing (18,722 peers)
-0.4%
assets change YoY
2.9×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

American Axle & Manufacturing, Inc. Pension Plan's outsized position by total assets

American Axle & Manufacturing, Inc. Pension Plan vs every filed plan by assets

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

$290,496,307 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

American Axle & Manufacturing, Inc. Pension 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. American Axle & Manufacturing, Inc. Pension Plan sits mid-pack in the medium band (787 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Axle & Manufacturing, Inc. Pension Plan reported net income rose from -$77M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • American Axle & Manufacturing, Inc. Pension Plan reported participants fell from 870 in the plan year 2022 filing to 787 in the plan year 2023 filing.
  • American Axle & Manufacturing, Inc. Pension Plan end-of-year assets fell from $292M in the plan year 2022 filing to $290M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 383138388 · American Axle & Manufacturing, Inc. PY 2023 · Defined Benefit (Pension)

American Axle & Manufacturing, Inc. Pension Plan · $290M · 787 · 96th

  • PHOTO $290M
  • IND 787
  • EOY 96th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Major League Baseball - Office Employees Plan
  • PCT ind #17538

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 →

American Axle & Manufacturing, Inc. Pension Plan in the asset neighbourhood

Logan Aluminum Pension Plan$292MThe Retirement Income Plan for Employees of the Colonial Williamsburg FoundationThe Retirement Income Plan f…$291MAmerican Axle & Manufacturing, Inc. Pension PlanAmerican Axle & Manufacturin…$290MMajor League Baseball - Office Employees PlanMajor League Baseball - Offi…$290MMattel Cash Balance Plan$289M
End-of-year total assets ($M) among American Axle & Manufacturing, Inc. Pension 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)$292M
Net Assets (End of Year)$290M
Net Income-$1M
Employer EIN383138388
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Axle & Manufacturing, Inc.)

Sponsor-wide plan assets over time

All American Axle & Manufacturing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 19.866179035552157% vs 2022
2024 filing year
$1B$1.1B$1.2B$1.3B 202220232024 $1.03B $1.24B ▲ +20.4%
Year Plans Participants Total Assets
2022 3 9,599 $1.0B
2023 3 6,499 $1.2B
2024 3 6,788 $1.2B

Nearby Defined Benefit (Pension) Plans in Michigan

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

American Axle & Manufacturing, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants American Axle & Manufacturing, Inc. Pension Plan, Total assets ($B): 0.290496307 · Participants: 787American Axle & Manufacturing, Inc. 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
American Axle & Manufacturing, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

American Axle & Manufacturing, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Major League Baseball - Office Employees Plan in NY ($290M); by covered participants it is Deutsche Bank Cash Account Pension Plan in NY (788 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (787 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 American Axle & Manufacturing, Inc. Pension Plan assets move in 2023?
American Axle & Manufacturing, Inc. Pension Plan held essentially flat - down 0.4% during 2023, from $292M to $290M. Reported net income was -$1M.
How have American Axle & Manufacturing, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), American Axle & Manufacturing, Inc.'s sponsor-wide assets grew 19.9%, from $1.0B to $1.2B.
Where does American Axle & Manufacturing, Inc. Pension Plan rank by assets among Form 5500 filers?
American Axle & Manufacturing, Inc. Pension 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 Defined Benefit (Pension) plans are similar in size to American Axle & Manufacturing, Inc. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Major League Baseball - Office Employees Plan in NY ($290M, 551 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to American Axle & Manufacturing, Inc. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Deutsche Bank Cash Account Pension Plan in NY (788 participants, $1.1B in assets).