401(k) · DOL Form 5500 · 2023

American Honda Motor Company, Inc. 401(k) Plan

Data updated 2026-08-25

$5.5B
Total assets Very large vs avg
34,918
Participants Very large workforce
100th
Percentile by assets National rank
$157,203
Avg per participant Above avg balance/head
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Official DOL plan name: Honda 401(k) Savings Plan · Sponsored by American Honda Motor Company, Inc. · California · Manufacturing

$5.5B in assets, 34,918 participants

American Honda Motor Company, Inc.'s Honda 401(k) Savings Plan reported $5.5B in total assets and 34,918 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.

  • #18,623 in Manufacturing (18,722 peers)

Coverage in California

Honda 401(k) Savings Plan covers 34,918 participants in California, 55x the typical California plan (state average ~630 per filing). Assets: $5.5B.

#18,623
in Manufacturing (18,722 peers)
+15.7%
assets growth YoY
55×
vs typical plan assets (national mean)

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

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

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

$5,489,229,765 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

Honda 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. Honda 401(k) Savings Plan is a mega filing (34,918 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Honda 401(k) Savings Plan reported net income rose from -$920M in the plan year 2022 filing to $743M in the plan year 2023 filing.
  • Honda 401(k) Savings Plan reported participants rose from 27,439 in the plan year 2022 filing to 34,918 in the plan year 2023 filing.
  • Honda 401(k) Savings Plan end-of-year assets rose from $4.7B in the plan year 2022 filing to $5.5B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 952041006 · American Honda Motor Company, Inc. PY 2023 · 401(k)

Honda 401(k) Savings Plan · $5.5B · 34,918 · 100th

  • EBSA $5.5B
  • PART 34,918
  • TYPE 100th
  • NET 401(k)
  • BOOK near Deseret 401(k) Plan
  • VS-ST ind #18623

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 California →

Honda 401(k) Savings Plan in the asset neighbourhood

Honda 401(k) Savings Plan$5.5BDeseret 401(k) Plan$5.5BSony USA 401(k) Plan$5.5BTakeda Pharmaceutical U.S.a., Inc. Savings and Retirement PlanTakeda Pharmaceutical U.S.a.…$5.5BHuntington Ingalls Industries Savings PlanHuntington Ingalls Industrie…$5.5B
End-of-year total assets ($B) among Honda 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$4.7B
Net Assets (End of Year)$5.5B
Net Income$743M
Employer EIN952041006
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Honda Motor Company, Inc.)

Sponsor-wide plan assets over time

All American Honda Motor Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9.6B 15.432034979269169% vs 2022
2024 filing year
$8B$8.5B$9B$9.5B$10B 202220232024 $8.32B $9.6B ▲ +15.4%
Year Plans Participants Total Assets
2022 2 37,616 $8.3B
2023 2 43,755 $8.9B
2024 2 38,011 $9.6B

Nearby 401(k) Plans in California

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

Honda 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 0204060 Total assets ($B) Participants Honda 401(k) Savings Plan, Total assets ($B): 5.489229765 · Participants: 34918Honda 401(k) Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Honda 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Honda 401(k) Savings Plan

Honda 401(k) Savings Plan reports $5.5B in end-of-year assets across 34,918 participants (0.045% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.037% of 93,925,755 covered participants) - about $157,203 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $743M.

This plan identity (EIN 952041006, plan #335) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.7B to $6.3B (+32.8%) while covered participants moved from 27,439 to 29,610 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 27,439 $4.7B Open filing
2023 34,918 $5.5B This page
2024 · index core 29,610 $6.3B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

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

Outside California, the nearest 401(k) by assets is Deseret 401(k) Plan in UT ($5.5B); by covered participants it is Pilgrim's Pride Retirement Savings Plan in CO (34,879 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (34,918 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 Honda 401(k) Savings Plan assets move in 2023?
Honda 401(k) Savings Plan grew sharply - up 15.7% during 2023, from $4.7B to $5.5B. Reported net income was $743M.
How have American Honda Motor Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), American Honda Motor Company, Inc.'s sponsor-wide assets grew 15.4%, from $8.3B to $9.6B.
Where does Honda 401(k) Savings Plan rank by assets among Form 5500 filers?
Honda 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 Honda 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Deseret 401(k) Plan in UT ($5.5B, 24,292 participants).
Which 401(k) plans cover a similar participant headcount to Honda 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Pilgrim's Pride Retirement Savings Plan in CO (34,879 participants, $431M in assets).