Defined Benefit (Pension) · DOL Form 5500 · 2023
Michelin North America, Inc Pension Plan
Data updated 2026-08-25
- $2.2B
- Total assets Very large vs avg
- 3,743
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $596,763
- Avg per participant High balance/head
Official DOL plan name: Michelin Retirement Plan · Sponsored by Michelin North America, Inc · South Carolina · Manufacturing
$2.2B in assets, 3,743 participants
Michelin North America, Inc's Michelin Retirement Plan reported $2.2B in total assets and 3,743 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #18,503 in Manufacturing (18,722 peers)
Coverage in South Carolina
Michelin Retirement Plan covers 3,743 participants in South Carolina, 10x the typical South Carolina plan (state average ~369 per filing). Assets: $2.2B.
- #18,503
- in Manufacturing (18,722 peers)
- +7.2%
- assets growth YoY
- 22×
- vs typical plan assets (national mean)
Michelin Retirement Plan's outsized position by total assets
Michelin Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,233,685,106 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Michelin Retirement Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michelin Retirement Plan lands in the large band (3,743 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Michelin Retirement Plan reported net income rose from -$279M in the plan year 2022 filing to $137M in the plan year 2023 filing.
- Michelin Retirement Plan reported participants fell from 4,145 in the plan year 2022 filing to 3,743 in the plan year 2023 filing.
- Michelin Retirement Plan end-of-year assets rose from $2.1B in the plan year 2022 filing to $2.2B in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 111724631 · Michelin North America, Inc PY 2023 · Defined Benefit (Pension)
Michelin Retirement Plan · $2.2B · 3,743 · 99th
- VS-ST $2.2B
- VS-ST 3,743
- VS-ST 99th
- VS-ST Defined Benefit (Pension)
- VS-ST near Directors Guild of America-Producer Pension Plan Basic Benefit Plan
- VS-ST ind #18503
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 South Carolina →
Michelin Retirement Plan in the asset neighbourhood
South Carolina filing particulars
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $2.1B |
| Net Income | $137M |
| Employer EIN | 111724631 |
| Plan Effective Date | 1958-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Michelin North America, Inc)
Sponsor-wide plan assets over time
All Michelin North America, Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.8B 19.076346492976135% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 20,900 | $6.0B |
| 2023 | 5 | 21,315 | $6.6B |
| 2024 | 3 | 17,835 | $4.8B |
Nearby Defined Benefit (Pension) Plans in South Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan $3.9B · 2,016
- Non-Contributory Retirement Program for Certain Empl of Bcbssc $1.2B · 4,344
- Legacy Ghs/Tuomey Pension Plan $611M · 3,346
- Kennametal Inc. Retirement Income Plan $541M · 563
- Waterfront Employers - Ila Pension Plan $482M · 1,624
Michelin Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside South Carolina, the nearest Defined Benefit (Pension) by assets is Directors Guild of America-Producer Pension Plan Basic Benefit Plan in CA ($2.2B); by covered participants it is Constellation Employee Pension Plan in PA (3,748 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.2B here).
- Directors Guild of America-Producer Pension Plan Basic Benefit Plan (CA) $2.2B · 8,710
- Retirement Accumulation Plan for Partners of Pwc (FL) $2.2B · 3,967
- Equity-League Pension Trust Fund (NY) $2.2B · 22,936
- Bell Helicopter Textron Master Retirement Plan (RI) $2.2B · 2,800
Similar participant headcount
Nearest other-state filings by covered participants (3,743 participants); asset peers above are excluded.
- Constellation Employee Pension Plan (PA) 3,748 · 5 off
- Volvo Group North America Retirement Plan (NC) 3,735 · 8 off
- Ufcw Local 1500 Pension Plan (NY) 3,752 · 9 off
- Snap-on Incorporated Retirement Plan (WI) 3,761 · 18 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.