401(k) · DOL Form 5500 · 2023

Martinrea Industries, Inc. Employee Savings and Investment Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$104M
Total assets
3,103
Participants
85th
Percentile by assets

Sponsored by Martinrea Industries, Inc. · Michigan · Manufacturing

What the 2023 filing shows

Martinrea Industries, Inc. Employee Savings and Investment Plan holds $104M for 3,103 participants - about $33,430 per participant, in the top quartile of all filed plans by assets, up 18.8% over the 2023 plan year.

$104M
total plan assets (2023 EOY)
3,103
covered participants
85th
percentile by assets (of 72,800 plans)
$33,430
avg assets per participant
Total Assets (2023)
$104M
Participants
3,103
State
Industry
Manufacturing

What the Filing Says About Martinrea Industries, Inc. Employee Savings and Investment Plan

Martinrea Industries, Inc. Employee Savings and Investment Plan is a 401(k) retirement plan sponsored by Martinrea Industries, Inc., headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $104M in total end-of-year assets and covers 3,103 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 020534783, and the plan has been effective since 1986-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $87M at the beginning of 2023 to $104M at year-end - a gain of 18.8%. Net assets (after liabilities) closed the year at $104M, with reported net income of $16M 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)$87M
Total Assets (End of Year)$104M
Net Assets (End of Year)$104M
Net Income$16M
Plan Type401(k)
Employer EIN020534783
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martinrea Industries, Inc.)

Year Plans Participants Total Assets
2022 2 3,284 $89M
2023 1 3,103 $104M
2024 1 3,212 $121M

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the Martinrea Industries, Inc. Employee Savings and Investment Plan?
As of the 2023 Form 5500 filing, Martinrea Industries, Inc. Employee Savings and Investment Plan holds $104M in total assets with 3,103 participants. It is sponsored by Martinrea Industries, Inc..
What type of plan is Martinrea Industries, Inc. Employee Savings and Investment Plan?
Martinrea Industries, Inc. Employee Savings and Investment Plan is a 401(k) plan. It has been effective since 1986-04-01. The plan is filed with the U.S. Department of Labor under EIN 020534783.
Who sponsors the Martinrea Industries, Inc. Employee Savings and Investment Plan?
Martinrea Industries, Inc. Employee Savings and Investment Plan is sponsored by Martinrea Industries, Inc., located in Michigan. The sponsor's EIN is 020534783 and the plan operates in the Manufacturing industry.
How did Martinrea Industries, Inc. Employee Savings and Investment Plan perform in 2023?
Martinrea Industries, Inc. Employee Savings and Investment Plan grew by 18.8% during 2023, moving from $87M to $104M in total assets. Net income was $16M.
Where can I find official filings for Martinrea Industries, Inc. Employee Savings and Investment Plan?
Official Form 5500 filings for Martinrea Industries, Inc. Employee Savings and Investment Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 020534783 or plan name at efast.dol.gov.
How does Martinrea Industries, Inc. Employee Savings and Investment Plan compare to other plans?
You can compare Martinrea Industries, Inc. Employee Savings and Investment Plan against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

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 020534783.

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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.