401(k) · DOL Form 5500 · 2024

Iljin USA Corporation 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
271
Participants Below avg headcount
53rd
Percentile by assets National rank
$33,090
Avg per participant Low balance/head
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Official DOL plan name: Iljin 401(k) Plan · Sponsored by Iljin USA Corporation · Michigan · Manufacturing

$9M in assets, 271 participants

Iljin USA Corporation's Iljin 401(k) Plan reported $9M in total assets and 271 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #6,845 in Manufacturing (17,777 peers)

Coverage in Michigan

Iljin 401(k) Plan covers 271 participants in Michigan, about 42% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#6,845
in Manufacturing (17,777 peers)
+12.6%
assets growth YoY

Iljin 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Iljin 401(k) Plan vs every filed plan by assets

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

$8,967,502 Top 47% higher than 53% 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

Iljin 401(k) 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. Iljin 401(k) Plan sits mid-pack in the medium band (271 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iljin 401(k) Plan reported participants rose from 170 in the plan year 2023 filing to 271 in the plan year 2024 filing.
  • Iljin 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Iljin 401(k) Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 591997316 · Iljin USA Corporation PY 2024 · 401(k)

Iljin 401(k) Plan · $9M · 271 · 53rd

  • EOY $9M
  • EOY 271
  • EOY 53rd
  • EOY 401(k)
  • EOY near Mystic Scenic Studios, Inc. 401(k) Plan
  • EOY ind #6845

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 →

Iljin 401(k) Plan in the asset neighbourhood

Iljin 401(k) Plan$9MMystic Scenic Studios, Inc. 401(k) PlanMystic Scenic Studios, Inc. …$9MRetirement Income Security Plan-Sure Steel, Inc.Retirement Income Security P…$9MCalifornia Faucets, Inc. 401(k) Profit Sharing PlanCalifornia Faucets, Inc. 401…$9MPhoenix Process Equipment Co. 401(k) Savings PlanPhoenix Process Equipment Co…$9M
End-of-year total assets ($M) among Iljin 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN591997316
Plan Effective Date2005-06-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Iljin USA Corporation)

Sponsor-wide plan assets over time

All Iljin USA Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$9M 44.52204752441483% vs 2022
2024 filing year
$5M$6M$7M$8M$9M$10M 202220232024 $6.2M $8.97M ▲ +44.7%
Year Plans Participants Total Assets
2022 1 147 $6M
2023 1 170 $8M
2024 1 271 $9M

Nearby 401(k) Plans in Michigan

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

Iljin 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Iljin 401(k) Plan, Total assets ($B): 0.008967502 · Participants: 271Iljin 401(k) 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
Iljin 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Iljin 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Mystic Scenic Studios, Inc. 401(k) Plan in MA ($9M); by covered participants it is Action Rentals Holdings, LLC in FL (271 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (271 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 Iljin 401(k) Plan assets move in 2024?
Iljin 401(k) Plan grew at a solid clip - up 12.6% during 2024, from $8M to $9M. Reported net income was $1M.
How have Iljin USA Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Iljin USA Corporation's sponsor-wide assets grew 44.5%, from $6M to $9M.
Which 401(k) plans are similar in size to Iljin 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mystic Scenic Studios, Inc. 401(k) Plan in MA ($9M, 112 participants).
Which 401(k) plans cover a similar participant headcount to Iljin 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Action Rentals Holdings, LLC in FL (271 participants, $509K in assets).