Defined Benefit (Pension) · DOL Form 5500 · 2024
Federal-Mogul Powertrain LLC Pension Plan
Data updated 2026-08-06
- $500M
- Total assets
- 2,139
- Participants
- 97th
- Percentile by assets
- $233,967
- Avg per participant
Official DOL plan name: Federal-Mogul Pension Plan · Sponsored by Federal-Mogul Powertrain LLC · Michigan · Manufacturing
$500M in assets, 2,139 participants
Federal-Mogul Powertrain LLC's Federal-Mogul Pension Plan reported $500M in total assets and 2,139 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.
- 97th percentile by assets (of 116,472 plans)
Coverage in Michigan
Federal-Mogul Pension Plan covers 2,139 participants in Michigan, 3.4x the typical Michigan plan (state average ~632 per filing). Assets: $500M.
- $500M
- total plan assets (2024 EOY)
- 2,139
- covered participants
- 97th
- percentile by assets (of 116,472 plans)
- $233,967
- avg assets per participant
The plan reported a net loss of $275M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Federal-Mogul Pension Plan reported net income fell from $20M in the plan year 2023 filing to -$275M in the plan year 2024 filing.
- Federal-Mogul Pension Plan end-of-year assets fell from $776M in the plan year 2023 filing to $500M in the plan year 2024 filing.
- Federal-Mogul Pension Plan reported participants fell from 2,391 in the plan year 2023 filing to 2,139 in the plan year 2024 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Federal-Mogul Pension Plan reports 2,139 participants - 3.4x that state average ($500M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $776M |
|---|---|
| Net Assets (End of Year) | $500M |
| Net Income | -$275M |
| Employer EIN | 382719472 |
| Plan Effective Date | 1960-09-10 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Federal-Mogul Powertrain LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,676 | $755M |
| 2023 | 1 | 2,391 | $776M |
| 2024 | 1 | 2,139 | $500M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Federal-Mogul Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
- 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
- Fca US LLC Pension Plan $3.7B · 2,267
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Federal-Mogul Pension Plan by total assets, not by location.
- Elevance Health Cash Balance Plan B (IN) $501M · 519
- Norton Rose Fulbright US LLP Pension Plan (TX) $498M · 184
- Crown Equipment Corporation Retirement Plan (OH) $503M · 1,693
- Ironworkers National Pension Plan (IL) $503M · 2,757
Frequently Asked Questions
How did Federal-Mogul Pension Plan assets move in 2024? ▼
How have Federal-Mogul Powertrain LLC plan assets changed over time? ▼
Where does Federal-Mogul Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Federal-Mogul Pension Plan? ▼
Next read for Federal-Mogul Pension Plan
Filing takeaways
Ways to act on Federal-Mogul Pension Plan's numbers.
- By total assets, Federal-Mogul Pension Plan ranks in the top 5% 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
- Federal-Mogul Powertrain LLC's sponsor-wide assets have declined 33.7% since 2022 across 3 plan years on file. More Manufacturing plans
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 382719472.
Read our methodology - how this data is sourced, computed, and verified.