401(k) · DOL Form 5500 · 2024
American Axle & Manufacturing, Inc. 401(k) Plan
Data updated 2026-08-11
- $258M
- Total assets
- 4,126
- Participants
- 95th
- Percentile by assets
- $62,515
- Avg per participant
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.
- 95th percentile by assets (of 123,622 plans)
- #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.
- $258M
- total plan assets (2024 EOY)
- 4,126
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $62,515
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates reports 4,126 participants - 6.5x that state average ($258M EOY assets).
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.)
| 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.
American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates vs. nearby 401(k) plans in Michigan, assets vs. participants
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates by total assets, not by location.
- 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
Frequently Asked Questions
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Filing takeaways
Ways to act on American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates's numbers.
- By total assets, American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- American Axle & Manufacturing, Inc.'s sponsor-wide assets have grown 19.9% since 2022 across 3 plan years on file. More Manufacturing plans