Defined Benefit (Pension) Β· DOL Form 5500 Β· 2024

Marelli North America, Inc. Defined Benefit Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$60M
Total assets
131
Participants
76th
Percentile by assets

Sponsored by Marelli North America, Inc. Β· Tennessee Β· Manufacturing

What the 2024 filing shows

Marelli North America, Inc. Defined Benefit Plan holds $60M for 131 participants - about $460,577 per participant, in the top quartile of all filed plans by assets, down 2.8% over the 2024 plan year.

$60M
total plan assets (2024 EOY)
131
covered participants
76th
percentile by assets (of 67,083 plans)
$460,577
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$60M
Participants
131
State
Industry
Manufacturing

What the Filing Says About Marelli North America, Inc. Defined Benefit Plan

Marelli North America, Inc. Defined Benefit Plan is a Defined Benefit (Pension) retirement plan sponsored by Marelli North America, Inc., headquartered in Tennessee. As of the 2024 Form 5500 filing, the plan reports $60M in total end-of-year assets and covers 131 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 621151687, and the plan has been effective since 1980-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $62M at the beginning of 2024 to $60M at year-end - a decline of 2.8%. Net assets (after liabilities) closed the year at $60M, with reported net income of $-1,763,216 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$62M
Total Assets (End of Year)$60M
Net Assets (End of Year)$60M
Net Income$-1,763,216
Plan TypeDefined Benefit (Pension)
Employer EIN621151687
Plan Effective Date1980-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Marelli North America, Inc.)

Year Plans Participants Total Assets
2022 4 2,767 $254M
2023 4 3,217 $265M
2024 2 2,904 $279M

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Marelli North America, Inc. Defined Benefit Plan?
As of the 2024 Form 5500 filing, Marelli North America, Inc. Defined Benefit Plan holds $60M in total assets with 131 participants. It is sponsored by Marelli North America, Inc..
What type of plan is Marelli North America, Inc. Defined Benefit Plan?
Marelli North America, Inc. Defined Benefit Plan is a Defined Benefit (Pension) plan. It has been effective since 1980-05-01. The plan is filed with the U.S. Department of Labor under EIN 621151687.
Who sponsors the Marelli North America, Inc. Defined Benefit Plan?
Marelli North America, Inc. Defined Benefit Plan is sponsored by Marelli North America, Inc., located in Tennessee. The sponsor's EIN is 621151687 and the plan operates in the Manufacturing industry.
How did Marelli North America, Inc. Defined Benefit Plan perform in 2024?
Marelli North America, Inc. Defined Benefit Plan declined by 2.8% during 2024, moving from $62M to $60M in total assets. Net income was $-1,763,216.
Where can I find official filings for Marelli North America, Inc. Defined Benefit Plan?
Official Form 5500 filings for Marelli North America, Inc. Defined Benefit Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 621151687 or plan name at efast.dol.gov.
How does Marelli North America, Inc. Defined Benefit Plan compare to other plans?
You can compare Marelli North America, Inc. Defined Benefit Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Tennessee on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 621151687.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.