Defined Benefit (Pension) · DOL Form 5500 · 2023

Federal-Mogul Powertrain LLC Pension Plan

Data updated 2026-08-11

$776M
Total assets
2,391
Participants
98th
Percentile by assets
$324,368
Avg per participant
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Official DOL plan name: Federal-Mogul Pension Plan · Sponsored by Federal-Mogul Powertrain LLC · Michigan · Manufacturing

$776M in assets, 2,391 participants

Federal-Mogul Powertrain LLC's Federal-Mogul Pension Plan reported $776M in total assets and 2,391 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)
  • #18,153 in Manufacturing (18,722 peers)

Coverage in Michigan

Federal-Mogul Pension Plan covers 2,391 participants in Michigan, 3.7x the typical Michigan plan (state average ~638 per filing). Assets: $776M.

$776M
total plan assets (2023 EOY)
2,391
covered participants
98th
percentile by assets (of 127,072 plans)
$324,368
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Federal-Mogul Pension Plan reported net income rose from -$217M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Federal-Mogul Pension Plan reported participants fell from 2,676 in the plan year 2022 filing to 2,391 in the plan year 2023 filing.
  • Federal-Mogul Pension Plan end-of-year assets rose from $755M in the plan year 2022 filing to $776M in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Federal-Mogul Pension Plan reports 2,391 participants - 3.7x that state average ($776M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$755M
Net Assets (End of Year)$776M
Net Income$20M
Employer EIN382719472
Plan Effective Date1960-09-10
Filing StatusFILING RECEIVED

Sponsor Plan History (Federal-Mogul Powertrain LLC)

$400M$500M$600M$700M$800M$900M 202220232024 $755M $500M ▼ -33.7%
Total plan assets by year, all Federal-Mogul Powertrain LLC plans on file
Year Plans Participants Total Assets
2022 1 2,676 $755M
2023 1 2,391 $776M
2024 1 2,139 $500M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Federal-Mogul Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Federal-Mogul Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Federal-Mogul Pensio…General Motors Hourl…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…
Federal-Mogul Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Federal-Mogul Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Federal-Mogul Pension Plan assets move in 2023?
Federal-Mogul Pension Plan edged up modestly - up 2.7% during 2023, from $755M to $776M. Reported net income was $20M.
How have Federal-Mogul Powertrain LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Federal-Mogul Powertrain LLC's sponsor-wide assets declined 33.7%, from $755M to $500M.
Where does Federal-Mogul Pension Plan rank by assets among Form 5500 filers?
Federal-Mogul Pension 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 Defined Benefit (Pension) plans are similar in size to Federal-Mogul Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kaleida Health Pension Growth Plan in NY ($776M, 5,300 participants).

Next read for Federal-Mogul Pension Plan

Filing takeaways

Ways to act on Federal-Mogul Pension Plan's numbers.

  • By total assets, Federal-Mogul Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Federal-Mogul Powertrain LLC's sponsor-wide assets have declined 33.7% since 2022 across 3 plan years on file. More Manufacturing plans