Defined Benefit (Pension) · DOL Form 5500 · 2023

Driv Automotive Inc. Pension Plan

Data updated 2026-08-25

$194M
Total assets Near avg plan size
544
Participants Below avg headcount
95th
Percentile by assets National rank
$356,697
Avg per participant High balance/head
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Official DOL plan name: Driv Employees Retirement Plan · Sponsored by Driv Automotive Inc. · Michigan · Management of Enterprises

$194M in assets, 544 participants

Driv Automotive Inc.'s Driv Employees Retirement Plan reported $194M in total assets and 544 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #942 in Management of Enterprises (1,137 peers)

Where Driv Employees Retirement Plan sits by assets

Driv Employees Retirement Plan sits in the top 5% of all filed plans by assets, $194M for 544 participants (~$356,697/participant), up 9.9% in 2023.

#942
in Management of Enterprises (1,137 peers)
+9.9%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Driv Employees Retirement Plan's outsized position by total assets

Driv Employees Retirement Plan vs every filed plan by assets

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

$194,043,388 Top 5% higher than 95% 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

Driv Employees Retirement 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. Driv Employees Retirement Plan sits mid-pack in the medium band (544 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Driv Employees Retirement Plan reported net income rose from -$46M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Driv Employees Retirement Plan reported participants fell from 606 in the plan year 2022 filing to 544 in the plan year 2023 filing.
  • Driv Employees Retirement Plan end-of-year assets rose from $177M in the plan year 2022 filing to $194M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 834117479 · Driv Automotive Inc. PY 2023 · Defined Benefit (Pension)

Driv Employees Retirement Plan · $194M · 544 · 95th

  • PHOTO $194M
  • PHOTO 544
  • PHOTO 95th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Wci Steel/Pyro/Baron Retirement Plan
  • PHOTO ind #942

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 Management of Enterprises retirement plans → · Plans in Michigan →

Driv Employees Retirement Plan in the asset neighbourhood

Sheet Metal Workers Local No. 20, Indianapolis Area, Pension FundSheet Metal Workers Local No…$194MWci Steel/Pyro/Baron Retirement PlanWci Steel/Pyro/Baron Retirem…$194MOperating Engineers Pension Trust Fund of Washington D.C. and VicinityOperating Engineers Pension …$194MDriv Employees Retirement PlanDriv Employees Retirement Pl…$194MVibrantz Corporation Pension Plan for Legacy EmployeesVibrantz Corporation Pension…$194M
End-of-year total assets ($M) among Driv Employees Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$177M
Net Assets (End of Year)$194M
Net Income$18M
Employer EIN834117479
Plan Effective Date1999-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Driv Automotive Inc.)

Sponsor-wide plan assets over time

All Driv Automotive Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$121M 31.435204684134888% vs 2022
2024 filing year
$100M$150M$200M$250M 202220232024 $177M $121M ▼ -31.4%
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.

Driv Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Driv Employees Retirement Plan, Total assets ($B): 0.194043388 · Participants: 544Driv Employees Retirement PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Driv Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Driv Employees Retirement Plan side-by-side with 3 peers →

Driv Employees Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Wci Steel/Pyro/Baron Retirement Plan in NY ($194M); by covered participants it is Ironworkers Local 808 Pension Fund in PA (544 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (544 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 Driv Employees Retirement Plan assets move in 2023? ▼
Driv Employees Retirement Plan grew at a solid clip - up 9.9% during 2023, from $177M to $194M. Reported net income was $18M.
How have Driv Automotive Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Driv Automotive Inc.'s sponsor-wide assets declined 31.4%, from $177M to $121M.
Where does Driv Employees Retirement Plan rank by assets among Form 5500 filers? ▼
Driv Employees Retirement Plan ranks in the 95th 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 Driv Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wci Steel/Pyro/Baron Retirement Plan in NY ($194M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Driv Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ironworkers Local 808 Pension Fund in PA (544 participants, $81M 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 834117479.

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.