401(k) · DOL Form 5500 · 2023

American Axle & Manufacturing, Inc. 401(k) Plan

Data updated 2026-08-11

$633M
Total assets: 1,810
Participants: 98th
Percentile by assets: $349,570
Avg per participant

Official DOL plan name: American Axle & Manufacturing, Inc. Salaried Savings Plan · Sponsored by American Axle & Manufacturing, Inc. · Michigan · Manufacturing

$633M in assets, 1,810 participants

American Axle & Manufacturing, Inc.'s American Axle & Manufacturing, Inc. Salaried Savings Plan reported $633M in total assets and 1,810 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 127,072 plans)
#18,066 in Manufacturing (18,722 peers)

Coverage in Michigan

American Axle & Manufacturing, Inc. Salaried Savings Plan covers 1,810 participants in Michigan, 2.8x the typical Michigan plan (state average ~638 per filing). Assets: $633M.

$633M
total plan assets (2023 EOY): 1,810
covered participants: 98th
percentile by assets (of 127,072 plans): $349,570
avg assets per participant

American Axle & Manufacturing, Inc. Salaried Savings Plan reported net income rose from -$112M in the plan year 2022 filing to $106M in the plan year 2023 filing.
American Axle & Manufacturing, Inc. Salaried Savings Plan end-of-year assets rose from $522M in the plan year 2022 filing to $633M in the plan year 2023 filing.
American Axle & Manufacturing, Inc. Salaried Savings Plan reported participants fell from 2,298 in the plan year 2022 filing to 1,810 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Manufacturing

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. American Axle & Manufacturing, Inc. Salaried Savings Plan reports 1,810 participants - 2.8x that state average ($633M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$522M
Net Assets (End of Year)	$633M
Net Income	$106M
Employer EIN	383138388
Plan Effective Date	1994-03-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all American Axle & Manufacturing, Inc. plans on file

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.

American Axle & Manufacturing, Inc. Salaried Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Compare American Axle & Manufacturing, Inc. Sala… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to American Axle & Manufacturing, Inc. Salaried Savings Plan by total assets, not by location.

Rentokil Initial USA 401(k) Plan (PA) $633M · 9,935
Wachtell, Lipton, Rosen & Katz Savings Plan (NY) $633M · 640
Championx 401(k) Plan (TX) $633M · 4,253
Davis Polk Partners/Staff Savings Plan (NY) $632M · 1,043

Frequently Asked Questions

How did American Axle & Manufacturing, Inc. Salaried Savings Plan assets move in 2023? ▼

American Axle & Manufacturing, Inc. Salaried Savings Plan grew sharply - up 21.3% during 2023, from $522M to $633M. Reported net income was $106M.

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. Salaried Savings Plan rank by assets among Form 5500 filers? ▼

American Axle & Manufacturing, Inc. Salaried Savings Plan ranks in the 98th 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 American Axle & Manufacturing, Inc. Salaried Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Rentokil Initial USA 401(k) Plan in PA ($633M, 9,935 participants).

Next read for American Axle & Manufacturing, Inc. Sala…

Filing takeaways

Ways to act on American Axle & Manufacturing, Inc. Salaried Savings Plan's numbers.

By total assets, American Axle & Manufacturing, Inc. Salaried Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
American Axle & Manufacturing, Inc.'s sponsor-wide assets have grown 19.9% since 2022 across 3 plan years on file. More Manufacturing plans

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 383138388.