Defined Benefit (Pension) · DOL Form 5500 · 2023

Gkn Driveline North America Inc. Pension Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
284
Participants Below avg headcount
87th
Percentile by assets National rank
$195,022
Avg per participant Above avg balance/head
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Official DOL plan name: Gkn Driveline Pension Plan · Sponsored by Gkn Driveline North America Inc. · Michigan · Manufacturing

$55M in assets, 284 participants

Gkn Driveline North America Inc.'s Gkn Driveline Pension Plan reported $55M in total assets and 284 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,058 in Manufacturing (18,722 peers)

Coverage in Michigan

Gkn Driveline Pension Plan covers 284 participants in Michigan, about 45% of the average Michigan filer (state average ~638 per filing). Assets: $55M.

#15,058
in Manufacturing (18,722 peers)
$4M
reported net income
0.6×
vs typical plan assets (national mean)

Gkn Driveline Pension Plan's outsized position by total assets

Gkn Driveline Pension Plan vs every filed plan by assets

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

$55,386,318 Top 13% higher than 87% 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

Gkn Driveline Pension 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. Gkn Driveline Pension Plan sits mid-pack in the medium band (284 participants).

DOL schedule card

Filing strip 132886932 · Gkn Driveline North America Inc. PY 2023 · Defined Benefit (Pension)

Gkn Driveline Pension Plan · $55M · 284 · 87th

  • PCT $55M
  • PCT 284
  • PCT 87th
  • PCT Defined Benefit (Pension)
  • PCT near The Legal Aid Society Retirement Plan
  • PCT ind #15058

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 Michigan →

Gkn Driveline Pension Plan in the asset neighbourhood

Vesuvius USA Corporation Pension PlanVesuvius USA Corporation Pen…$55MGkn Driveline Pension Plan$55MThe Legal Aid Society Retirement PlanThe Legal Aid Society Retire…$55MPermanente Dentists Retirement Plan for Permanente Dental AssociatesPermanente Dentists Retireme…$55MMdu Resources Group, Inc. Pension Plan for Collective Bargaining Unit EmployeesMdu Resources Group, Inc. Pe…$55M
End-of-year total assets ($M) among Gkn Driveline Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$55M
Net Income$4M
Employer EIN132886932
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gkn Driveline North America Inc.)

Sponsor-wide plan assets over time

All Gkn Driveline North America Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$450M 4.171179182931269% vs 2023
2024 filing year
$430M$440M$450M$460M 20232024 $432M $450M ▲ +4.2%
Year Plans Participants Total Assets
2023 2 3,796 $432M
2024 2 3,942 $450M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Gkn Driveline Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Gkn Driveline Pension Plan, Total assets ($B): 0.055386318 · Participants: 284Gkn Driveline Pension 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
Gkn Driveline Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Gkn Driveline Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is The Legal Aid Society Retirement Plan in NY ($55M); by covered participants it is Alaska Airlines, Inc. Retirement Plan for Salaried Employees in WA (284 participants). Same-state nearby plans are listed separately above.

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 have Gkn Driveline North America Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Gkn Driveline North America Inc.'s sponsor-wide assets grew 4.2%, from $432M to $450M.
Where does Gkn Driveline Pension Plan rank by assets among Form 5500 filers?
Gkn Driveline Pension Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Gkn Driveline Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Legal Aid Society Retirement Plan in NY ($55M, 78 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Gkn Driveline Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Alaska Airlines, Inc. Retirement Plan for Salaried Employees in WA (284 participants, $347M in assets).