Defined Benefit (Pension) · DOL Form 5500 · 2024
American Axle & Manufacturing, Inc. Pension Plan
Data updated 2026-08-11
- $270M
- Total assets
- 736
- Participants
- 95th
- Percentile by assets
- $367,163
- Avg per participant
Official DOL plan name: American Axle & Manufacturing, Inc. Pension Plan · Sponsored by American Axle & Manufacturing, Inc. · Michigan · Manufacturing
$270M in assets, 736 participants
American Axle & Manufacturing, Inc.'s American Axle & Manufacturing, Inc. Pension Plan reported $270M in total assets and 736 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)
- #16,504 in Manufacturing (17,777 peers)
Where American Axle & Manufacturing, Inc. Pension Plan sits by assets
American Axle & Manufacturing, Inc. Pension Plan sits in the top 5% of all filed plans by assets, $270M for 736 participants (~$367,163/participant), down 7.0% in 2024.
- $270M
- total plan assets (2024 EOY)
- 736
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $367,163
- avg assets per participant
The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where American Axle & Manufacturing, Inc. Pension Plan sits by total assets
American Axle & Manufacturing, Inc. Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$270,232,253 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- American Axle & Manufacturing, Inc. Pension Plan reported net income fell from -$1M in the plan year 2023 filing to -$20M in the plan year 2024 filing.
- American Axle & Manufacturing, Inc. Pension Plan end-of-year assets fell from $290M in the plan year 2023 filing to $270M in the plan year 2024 filing.
- American Axle & Manufacturing, Inc. Pension Plan reported participants fell from 787 in the plan year 2023 filing to 736 in the plan year 2024 filing.
American Axle & Manufacturing, Inc. Pension Plan vs the 2024 asset distribution
By assets, American Axle & Manufacturing, Inc. Pension Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $290M |
|---|---|
| Net Assets (End of Year) | $270M |
| Net Income | -$20M |
| 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 Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
American Axle & Manufacturing, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
- Ford Motor Company UAW Retirement Plan $17.8B · 25,742
- Ford Motor Company General Retirement Plan $12.1B · 8,585
- Dow Employees' Pension Plan $10.9B · 6,888
- Fca US LLC UAW Pension Agreement $10.3B · 12,752
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to American Axle & Manufacturing, Inc. Pension Plan by total assets, not by location.
- Lynden Pension Equity Plan (WA) $271M · 352
- Local 1205 Pension Fund (NY) $269M · 702
- Pension Plan of Newmont (CO) $271M · 837
- Pension Plan for Plant Employees of Green Bay Pack (WI) $271M · 1,814
Frequently Asked Questions
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Next read for American Axle & Manufacturing, Inc. Pens…
Scale reading
Ways to act on American Axle & Manufacturing, Inc. Pension Plan's numbers.
- By total assets, American Axle & Manufacturing, Inc. Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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