401(k) · DOL Form 5500 · 2024

Gkn Driveline North America, Inc. 401(k) Plan

Data updated 2026-08-25

$394M
Total assets Above avg plan size
3,694
Participants Above avg headcount
97th
Percentile by assets National rank
$106,728
Avg per participant Below avg balance/head
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Official DOL plan name: Gkn U.S. Retirement Savings Plan · Sponsored by Gkn Driveline North America, Inc. · Michigan · Manufacturing

$394M in assets, 3,694 participants

Gkn Driveline North America, Inc.'s Gkn U.S. Retirement Savings Plan reported $394M in total assets and 3,694 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #16,819 in Manufacturing (17,777 peers)

Coverage in Michigan

Gkn U.S. Retirement Savings Plan covers 3,694 participants in Michigan, 5.8x the typical Michigan plan (state average ~638 per filing). Assets: $394M.

#16,819
in Manufacturing (17,777 peers)
+4.7%
assets growth YoY
4.0×
vs typical plan assets (national mean)

Gkn U.S. Retirement Savings Plan's outsized position by total assets

Gkn U.S. Retirement Savings Plan vs every filed plan by assets

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

$394,252,922 Top 3% higher than 97% 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

Gkn U.S. 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. Gkn U.S. Retirement Savings Plan lands in the large band (3,694 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gkn U.S. Retirement Savings Plan reported net income fell from $21M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Gkn U.S. Retirement Savings Plan reported participants rose from 3,512 in the plan year 2023 filing to 3,694 in the plan year 2024 filing.
  • Gkn U.S. Retirement Savings Plan end-of-year assets rose from $377M in the plan year 2023 filing to $394M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 132886932 · Gkn Driveline North America, Inc. PY 2024 · 401(k)

Gkn U.S. Retirement Savings Plan · $394M · 3,694 · 97th

  • RANK $394M
  • RANK 3,694
  • RANK 97th
  • RANK 401(k)
  • RANK near Proskauer Rose LLP Savings Plan for Staff and Partners
  • RANK ind #16819

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 →

Gkn U.S. Retirement Savings Plan in the asset neighbourhood

Gkn U.S. Retirement Savings PlanGkn U.S. Retirement Savings …$394MProskauer Rose LLP Savings Plan for Staff and PartnersProskauer Rose LLP Savings P…$394MCheniere Retirement Plan$394MSullivan & Cromwell LLP Employees' Savings PlanSullivan & Cromwell LLP Empl…$394MFig LLC 401(k) Profit Sharing Plan & TrustFig LLC 401(k) Profit Sharin…$394M
End-of-year total assets ($M) among Gkn U.S. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$377M
Net Assets (End of Year)$394M
Net Income$18M
Employer EIN132886932
Plan Effective Date2023-04-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Gkn Driveline North America, Inc.)

Sponsor-wide plan assets over time

All Gkn Driveline North America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$450M 4.171179182931269% vs 2023
2024 filing year
$430M$440M$450M$460M 20232024 $432M $450M ▲ +4.2%
Year Plans Participants Total Assets
2023 2 3,796 $432M
2024 2 3,942 $450M

Nearby 401(k) Plans in Michigan

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

Gkn U.S. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants Gkn U.S. Retirement Savings Plan, Total assets ($B): 0.394252922 · Participants: 3694Gkn U.S. 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
Gkn U.S. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Gkn U.S. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Proskauer Rose LLP Savings Plan for Staff and Partners in NY ($394M); by covered participants it is Black Horse Carriers, Inc. 401(k) Retirement Savings Plan in PA (3,694 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($394M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,694 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 Gkn U.S. Retirement Savings Plan assets move in 2024?
Gkn U.S. Retirement Savings Plan edged up modestly - up 4.7% during 2024, from $377M to $394M. Reported net income was $18M.
How have Gkn Driveline North America, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Gkn Driveline North America, Inc.'s sponsor-wide assets grew 4.2%, from $432M to $450M.
Where does Gkn U.S. Retirement Savings Plan rank by assets among Form 5500 filers?
Gkn U.S. Retirement Savings Plan ranks in the 97th 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 401(k) plans are similar in size to Gkn U.S. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Proskauer Rose LLP Savings Plan for Staff and Partners in NY ($394M, 928 participants).
Which 401(k) plans cover a similar participant headcount to Gkn U.S. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Black Horse Carriers, Inc. 401(k) Retirement Savings Plan in PA (3,694 participants, N/A in assets).