Defined Benefit (Pension) · DOL Form 5500 · 2024

American Axle & Manufacturing, Inc. Pension Plan

Data updated 2026-08-25

$270M
Total assets Near avg plan size
736
Participants Near avg headcount
95th
Percentile by assets National rank
$367,163
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#16,504
in Manufacturing (17,777 peers)
-7.0%
assets change YoY
2.7×
vs typical plan assets (national mean)

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.

American Axle & Manufacturing, Inc. Pension Plan's outsized position 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

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 2024

American Axle & Manufacturing, Inc. Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Axle & Manufacturing, Inc. Pension Plan sits mid-pack in the medium band (736 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 383138388 · American Axle & Manufacturing, Inc. PY 2024 · Defined Benefit (Pension)

American Axle & Manufacturing, Inc. Pension Plan · $270M · 736 · 95th

  • PHOTO $270M
  • PHOTO 736
  • PHOTO 95th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Lynden Pension Equity Plan
  • PHOTO ind #16504

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. Pension Plan in the asset neighbourhood

Pension Plan for Plant Employees of Green Bay PackPension Plan for Plant Emplo…$271MPension Plan of Newmont$271MLynden Pension Equity Plan$271MAmerican Axle & Manufacturing, Inc. Pension PlanAmerican Axle & Manufacturin…$270MLocal 1205 Pension Fund$269M
End-of-year total assets ($M) among American Axle & Manufacturing, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$290M
Net Assets (End of Year)$270M
Net Income-$20M
Employer EIN383138388
Plan Effective Date1994-03-01
Filing StatusFILING 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
$1B$1.1B$1.2B$1.3B 202220232024 $1.03B $1.24B ▲ +20.4%
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 Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants American Axle & Manufacturing, Inc. Pension Plan, Total assets ($B): 0.270232253 · Participants: 736American Axle & Manufacturing, Inc. Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
American Axle & Manufacturing, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare American Axle & Manufacturing, Inc. Pension Plan side-by-side with 3 peers →

American Axle & Manufacturing, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Lynden Pension Equity Plan in WA ($271M); by covered participants it is Elwyn, Inc. Retirement Plan in PA (736 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($270M here).

Similar participant headcount

Nearest other-state filings by covered participants (736 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did American Axle & Manufacturing, Inc. Pension Plan assets move in 2024? ▼
American Axle & Manufacturing, Inc. Pension Plan pulled back noticeably - down 7.0% during 2024, from $290M to $270M. Reported net income was -$20M.
How have American Axle & Manufacturing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Axle & Manufacturing, Inc.'s sponsor-wide assets grew 19.9%, from $1.0B to $1.2B.
Where does American Axle & Manufacturing, Inc. Pension Plan rank by assets among Form 5500 filers? ▼
American Axle & Manufacturing, Inc. Pension Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to American Axle & Manufacturing, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lynden Pension Equity Plan in WA ($271M, 352 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to American Axle & Manufacturing, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Elwyn, Inc. Retirement Plan in PA (736 participants, $43M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 383138388.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.