401(k) · DOL Form 5500 · 2023
American Axle & Manufacturing, Inc. 401(k) Plan
Data updated 2026-08-25
- $245M
- Total assets Near avg plan size
- 3,902
- Participants Above avg headcount
- 95th
- Percentile by assets National rank
- $62,757
- Avg per participant Low balance/head
Official DOL plan name: American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates · Sponsored by American Axle & Manufacturing, Inc. · Michigan · Manufacturing
$245M in assets, 3,902 participants
American Axle & Manufacturing, Inc.'s American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates reported $245M in total assets and 3,902 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- #17,392 in Manufacturing (18,722 peers)
Coverage in Michigan
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates covers 3,902 participants in Michigan, 6.1x the typical Michigan plan (state average ~638 per filing). Assets: $245M.
- #17,392
- in Manufacturing (18,722 peers)
- +12.7%
- assets growth YoY
- 2.5×
- vs typical plan assets (national mean)
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates's outsized position by total assets
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$244,876,264 Top 5% higher than 95% 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
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates'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. American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates lands in the large band (3,902 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates reported net income rose from -$57M in the plan year 2022 filing to $24M in the plan year 2023 filing.
- American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates reported participants fell from 6,431 in the plan year 2022 filing to 3,902 in the plan year 2023 filing.
- American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates end-of-year assets rose from $217M in the plan year 2022 filing to $245M in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 383138388 · American Axle & Manufacturing, Inc. PY 2023 · 401(k)
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates · $245M · 3,902 · 95th
- BOOK $245M
- BOOK 3,902
- BOOK 95th
- BOOK 401(k)
- BOOK near Portsmouth D&d 401(k) Savings Plan
- BOOK ind #17392
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. Personal Savings Plan for Hourly-Rate Associates in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $217M |
|---|---|
| Net Assets (End of Year) | $245M |
| Net Income | $24M |
| Employer EIN | 383138388 |
| Plan Effective Date | 1994-03-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 9,599 | $1.0B |
| 2023 | 3 | 6,499 | $1.2B |
| 2024 | 3 | 6,788 | $1.2B |
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
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Portsmouth D&d 401(k) Savings Plan in OH ($245M); by covered participants it is Jm Family Associates' Profit Sharing and 401(k) Plan in FL (3,902 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($245M here).
- Portsmouth D&d 401(k) Savings Plan (OH) $245M · 1,415
- Nfi Industries, Inc. Employee Retirement Savings Plan (NJ) $245M · 15,956
- Organon U.S. Savings Plan (NJ) $245M · 1,669
- Silgan Retirement Savings Plan for Hourly Employees (CA) $245M · 3,435
Similar participant headcount
Nearest other-state filings by covered participants (3,902 participants); asset peers above are excluded.
- Jm Family Associates' Profit Sharing and 401(k) Plan (FL) 3,902 · 0 off
- Illinois Central Companies 401(k) and Profit Sharing Plan (IL) 3,902 · 0 off
- Mau, Inc. 401(k) Profit Sharing Plan (GA) 3,903 · 1 off
- Sun Advantage Savings and Investment Plan (MA) 3,900 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.