DRIV EMPLOYEES RETIREMENT PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
DRIV AUTOMOTIVE INC.
This Defined Benefit (Pension) plan holds $194M in total assets and serves 544 participants as of 2023. It is sponsored by DRIV AUTOMOTIVE INC. in Michigan. The plan reported positive net income of $18M for the year.
What the Filing Says About DRIV EMPLOYEES RETIREMENT PLAN
DRIV EMPLOYEES RETIREMENT PLAN is a Defined Benefit (Pension) retirement plan sponsored by DRIV AUTOMOTIVE INC., headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $194M in total end-of-year assets and covers 544 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 834117479, and the plan has been effective since 1999-12-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $177M at the beginning of 2023 to $194M at year-end — a gain of 9.9%. Net assets (after liabilities) closed the year at $194M, with reported net income of $18M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $177M |
| Total Assets (End of Year) | $194M |
| Net Assets (End of Year) | $194M |
| Net Income | $18M |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 834117479 |
| Plan Effective Date | 1999-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (DRIV AUTOMOTIVE INC.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 12,032 | $177M |
| 2023 | 1 | 544 | $194M |
| 2024 | 1 | 473 | $121M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.
- FORD MOTOR COMPANY UAW RETIREMENT PLAN $19.3B · 26,442
- FORD MOTOR COMPANY GENERAL RETIREMENT PLAN $12.7B · 10,215
- DOW EMPLOYEES' PENSION PLAN $11.5B · 14,051
- GENERAL MOTORS SALARIED RETIREMENT PROGRAM $4.4B · 9,018
- DTE ENERGY COMPANY RETIREMENT PLAN $3.9B · 3,868
Related Data
Guides
Frequently Asked Questions
How much money is in the DRIV EMPLOYEES RETIREMENT PLAN? ▼
What type of plan is DRIV EMPLOYEES RETIREMENT PLAN? ▼
Who sponsors the DRIV EMPLOYEES RETIREMENT PLAN? ▼
How did DRIV EMPLOYEES RETIREMENT PLAN perform in 2023? ▼
Where can I find official filings for DRIV EMPLOYEES RETIREMENT PLAN? ▼
How does DRIV EMPLOYEES RETIREMENT PLAN compare to other plans? ▼
Explore PlainRetire
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 834117479.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.