401(k) · DOL Form 5500 · 2023

Iljin USA Corporation 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
170
Participants Small participant base
54th
Percentile by assets National rank
$46,839
Avg per participant Low balance/head
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Official DOL plan name: Iljin 401(k) Plan · Sponsored by Iljin USA Corporation · Michigan · Manufacturing

$8M in assets, 170 participants

Iljin USA Corporation's Iljin 401(k) Plan reported $8M in total assets and 170 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,260 in Manufacturing (18,722 peers)

Coverage in Michigan

Iljin 401(k) Plan covers 170 participants in Michigan, about 27% of the average Michigan filer (state average ~638 per filing). Assets: $8M.

#7,260
in Manufacturing (18,722 peers)
+28.3%
assets growth YoY

Iljin 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Iljin 401(k) Plan vs every filed plan by assets

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

$7,962,701 Top 46% higher than 54% 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

Iljin 401(k) 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. Iljin 401(k) Plan sits mid-pack in the medium band (170 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iljin 401(k) Plan reported net income rose from -$704K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Iljin 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Iljin 401(k) Plan reported participants rose from 147 in the plan year 2022 filing to 170 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 591997316 · Iljin USA Corporation PY 2023 · 401(k)

Iljin 401(k) Plan · $8M · 170 · 54th

  • IND $8M
  • IND 170
  • IND 54th
  • IND 401(k)
  • IND near Sheridan Ross P.C. 401(k) Plan B
  • IND ind #7260

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 →

Iljin 401(k) Plan in the asset neighbourhood

Iljin 401(k) Plan$8MSheridan Ross P.C. 401(k) Plan BSheridan Ross P.C. 401(k) Pl…$8M403(b) Thrift Plan for Employees of Midpenn Legal Services, Inc.403(b) Thrift Plan for Emplo…$8MBaywood Hotels, Inc. 401(k) PlanBaywood Hotels, Inc. 401(k) …$8MAlfred F. Descenza & Son, Inc. Employees' 401(k) PlanAlfred F. Descenza & Son, In…$8M
End-of-year total assets ($M) among Iljin 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN591997316
Plan Effective Date2005-06-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Iljin USA Corporation)

Sponsor-wide plan assets over time

All Iljin USA Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$9M 44.52204752441483% vs 2022
2024 filing year
$5M$6M$7M$8M$9M$10M 202220232024 $6.2M $8.97M ▲ +44.7%
Year Plans Participants Total Assets
2022 1 147 $6M
2023 1 170 $8M
2024 1 271 $9M

Nearby 401(k) Plans in Michigan

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

Iljin 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Iljin 401(k) Plan, Total assets ($B): 0.007962701 · Participants: 170Iljin 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Iljin 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Iljin 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Sheridan Ross P.C. 401(k) Plan B in CO ($8M); by covered participants it is Keystone-Pacific 401(k) Plan in OR (170 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (170 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 Iljin 401(k) Plan assets move in 2023? ▼
Iljin 401(k) Plan grew sharply - up 28.3% during 2023, from $6M to $8M. Reported net income was $2M.
How have Iljin USA Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iljin USA Corporation's sponsor-wide assets grew 44.5%, from $6M to $9M.
Which 401(k) plans are similar in size to Iljin 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sheridan Ross P.C. 401(k) Plan B in CO ($8M, 40 participants).
Which 401(k) plans cover a similar participant headcount to Iljin 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Keystone-Pacific 401(k) Plan in OR (170 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 591997316.

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.