Defined Benefit (Pension) · DOL Form 5500 · 2024
Borgwarner Inc. Pension Plan
Data updated 2026-08-11
- $127M
- Total assets
- 381
- Participants
- 92nd
- Percentile by assets
- $332,063
- Avg per participant
Official DOL plan name: Borgwarner Inc. Retirement Plan · Sponsored by Borgwarner Inc. · Michigan · Manufacturing
$127M in assets, 381 participants
Borgwarner Inc.'s Borgwarner Inc. Retirement Plan reported $127M in total assets and 381 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #15,645 in Manufacturing (17,777 peers)
Where Borgwarner Inc. Retirement Plan sits by assets
Borgwarner Inc. Retirement Plan sits in the top 10% of all filed plans by assets, $127M for 381 participants (~$332,063/participant), up 3.2% in 2024.
- $127M
- total plan assets (2024 EOY)
- 381
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $332,063
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Borgwarner Inc. Retirement Plan reported net income rose from -$6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Borgwarner Inc. Retirement Plan reported participants fell from 431 in the plan year 2023 filing to 381 in the plan year 2024 filing.
- Borgwarner Inc. Retirement Plan end-of-year assets rose from $123M in the plan year 2023 filing to $127M in the plan year 2024 filing.
Borgwarner Inc. Retirement Plan vs the 2024 asset distribution
By assets, Borgwarner Inc. Retirement Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $123M |
|---|---|
| Net Assets (End of Year) | $126M |
| Net Income | $4M |
| Employer EIN | 133404508 |
| Plan Effective Date | 1941-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Borgwarner Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 6,311 | $1.7B |
| 2023 | 2 | 6,286 | $1.8B |
| 2024 | 2 | 6,642 | $1.7B |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Borgwarner Inc. Retirement 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 Borgwarner Inc. Retirement Plan by total assets, not by location.
- Pension Plan of Wayne Memorial Hospital, Inc. (NC) $127M · 221
- Nfl Player Cash Balance Plan (MD) $127M · 1,317
- West Valley Pension Plan (NY) $126M · 104
- Ironworkers Local #16 Pension Plan (WA) $127M · 110
Frequently Asked Questions
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Next read for Borgwarner Inc. Retirement Plan
Scale reading
Ways to act on Borgwarner Inc. Retirement Plan's numbers.
- By total assets, Borgwarner Inc. Retirement Plan ranks in the top 10% 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
- Borgwarner Inc.'s sponsor-wide assets have grown 1.4% since 2022 across 3 plan years on file. More Manufacturing plans