401(k) · DOL Form 5500 · 2024

Borgwarner Inc. 401(k) Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
6,261
Participants Above avg headcount
99th
Percentile by assets National rank
$254,580
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Borgwarner Inc. Retirement Savings Plan · Sponsored by Borgwarner Inc. · Michigan · Manufacturing

$1.6B in assets, 6,261 participants

Borgwarner Inc.'s Borgwarner Inc. Retirement Savings Plan reported $1.6B in total assets and 6,261 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,463 in Manufacturing (17,777 peers)

Coverage in Michigan

Borgwarner Inc. Retirement Savings Plan covers 6,261 participants in Michigan, 9.8x the typical Michigan plan (state average ~638 per filing). Assets: $1.6B.

#17,463
in Manufacturing (17,777 peers)
-3.7%
assets change YoY
16×
vs typical plan assets (national mean)

The plan reported a net loss of $61M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Borgwarner Inc. Retirement Savings Plan's outsized position by total assets

Borgwarner Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,593,926,561 Top 1% higher than 99% 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

Borgwarner Inc. Retirement Savings Plan'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. Borgwarner Inc. Retirement Savings Plan lands in the large band (6,261 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Borgwarner Inc. Retirement Savings Plan reported net income fell from $234M in the plan year 2023 filing to -$61M in the plan year 2024 filing.
  • Borgwarner Inc. Retirement Savings Plan reported participants rose from 5,855 in the plan year 2023 filing to 6,261 in the plan year 2024 filing.
  • Borgwarner Inc. Retirement Savings Plan end-of-year assets fell from $1.7B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 133404508 · Borgwarner Inc. PY 2024 · 401(k)

Borgwarner Inc. Retirement Savings Plan · $1.6B · 6,261 · 99th

  • 5500 $1.6B
  • 5500 6,261
  • 5500 99th
  • 5500 401(k)
  • 5500 near Thales Incentive 401(k) Savings Plan
  • 5500 ind #17463

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 →

Borgwarner Inc. Retirement Savings Plan in the asset neighbourhood

Thales Incentive 401(k) Savings PlanThales Incentive 401(k) Savi…$1.6BBeth Israel Lahey Health 401(k) Retirement Savings PlanBeth Israel Lahey Health 401…$1.6BBorgwarner Inc. Retirement Savings PlanBorgwarner Inc. Retirement S…$1.6BClayton Homes, Inc. 401(k) Retirement PlanClayton Homes, Inc. 401(k) R…$1.6BArdent Health Services Retirement Savings PlanArdent Health Services Retir…$1.6B
End-of-year total assets ($B) among Borgwarner Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$1.6B
Net Income-$61M
Employer EIN133404508
Plan Effective Date1993-01-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Borgwarner Inc.)

Sponsor-wide plan assets over time

All Borgwarner Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 1.392454448663641% vs 2022
2024 filing year
$1.65B$1.7B$1.75B$1.8B 202220232024 $1.7B $1.72B ▲ +1.2%
Year Plans Participants Total Assets
2022 2 6,311 $1.7B
2023 2 6,286 $1.8B
2024 2 6,642 $1.7B

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Borgwarner Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0510152025 Total assets ($B) Participants Borgwarner Inc. Retirement Savings Plan, Total assets ($B): 1.593926561 · Participants: 6261Borgwarner Inc. Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Borgwarner Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Borgwarner Inc. Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Borgwarner Inc. Retirement Savings Plan

Borgwarner Inc. Retirement Savings Plan reports $1.6B in end-of-year assets across 6,261 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $254,580 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2024 was -$61M.

This plan identity (EIN 133404508, plan #066) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $1.6B (+1.7%) while covered participants moved from 5,809 to 6,261 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,809 $1.6B Open filing
2023 5,855 $1.7B Open filing
2024 · index core 6,261 $1.6B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Borgwarner Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Thales Incentive 401(k) Savings Plan in VA ($1.6B); by covered participants it is Breakthru Beverage Group 40 L(K) Plan in NY (6,257 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,261 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 Borgwarner Inc. Retirement Savings Plan assets move in 2024? ▼
Borgwarner Inc. Retirement Savings Plan edged down modestly - down 3.7% during 2024, from $1.7B to $1.6B. Reported net income was -$61M.
How have Borgwarner Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Borgwarner Inc.'s sponsor-wide assets grew 1.4%, from $1.7B to $1.7B.
Where does Borgwarner Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Borgwarner Inc. Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Borgwarner Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Thales Incentive 401(k) Savings Plan in VA ($1.6B, 4,059 participants).
Which 401(k) plans cover a similar participant headcount to Borgwarner Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Breakthru Beverage Group 40 L(K) Plan in NY (6,257 participants, $769M 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 133404508.

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.