401(k) · DOL Form 5500 · 2024
American Axle & Manufacturing, Inc. 401(k) Plan
Data updated 2026-08-25
- $258M
- Total assets Near avg plan size
- 4,126
- Participants Above avg headcount
- 95th
- Percentile by assets National rank
- $62,515
- Avg per participant Low balance/head
Official DOL plan name: American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates · Sponsored by American Axle & Manufacturing, Inc. · Michigan · Manufacturing
$258M in assets, 4,126 participants
American Axle & Manufacturing, Inc.'s American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates reported $258M in total assets and 4,126 participants in its 2024 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.
- #16,465 in Manufacturing (17,777 peers)
Coverage in Michigan
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates covers 4,126 participants in Michigan, 6.5x the typical Michigan plan (state average ~638 per filing). Assets: $258M.
- #16,465
- in Manufacturing (17,777 peers)
- +5.3%
- assets growth YoY
- 2.6×
- vs typical plan assets (national mean)
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates's outsized position by total assets
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$257,935,571 Top 5% higher than 95% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates lands in the large band (4,126 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates reported net income fell from $24M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates reported participants rose from 3,902 in the plan year 2023 filing to 4,126 in the plan year 2024 filing.
- American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates end-of-year assets rose from $245M in the plan year 2023 filing to $258M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 383138388 · American Axle & Manufacturing, Inc. PY 2024 · 401(k)
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates · $258M · 4,126 · 95th
- NET $258M
- BOOK 4,126
- VS-ST 95th
- BOY 401(k)
- SCH near Nysut Staff 401(k) Plan
- EBSA ind #16465
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 →
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $245M |
|---|---|
| Net Assets (End of Year) | $258M |
| Net Income | $14M |
| Employer EIN | 383138388 |
| Plan Effective Date | 1994-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (American Axle & Manufacturing, Inc.)
Sponsor-wide plan assets over time
All American Axle & Manufacturing, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.2B 19.866179035552157% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 9,599 | $1.0B |
| 2023 | 3 | 6,499 | $1.2B |
| 2024 | 3 | 6,788 | $1.2B |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Nysut Staff 401(k) Plan in NY ($258M); by covered participants it is Leprino Foods Company Profit Sharing and 401(k) Plan in CO (4,126 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($258M here).
- Nysut Staff 401(k) Plan (NY) $258M · 399
- Hawaii Carpenters 401(k) Fd (HI) $258M · 6,413
- Franklin Electric Co., Inc. Retirement Program (IN) $258M · 1,594
- Blackberry Corporation 401(k) Retirement Savings Plan (TX) $258M · 901
Similar participant headcount
Nearest other-state filings by covered participants (4,126 participants); asset peers above are excluded.
- Leprino Foods Company Profit Sharing and 401(k) Plan (CO) 4,126 · 0 off
- Snowflake Inc. 401(k) Plan (CA) 4,125 · 1 off
- Sentara 401(k) Savings Plan (VA) 4,124 · 2 off
- Ntn Retirement Savings Plan (IL) 4,122 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.