Defined Benefit (Pension) · DOL Form 5500 · 2024

Gkn Driveline North America Inc. Pension Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
248
Participants Below avg headcount
85th
Percentile by assets National rank
$225,347
Avg per participant Above avg balance/head
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Official DOL plan name: Gkn Driveline Pension Plan · Sponsored by Gkn Driveline North America Inc. · Michigan · Manufacturing

$56M in assets, 248 participants

Gkn Driveline North America Inc.'s Gkn Driveline Pension Plan reported $56M in total assets and 248 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,064 in Manufacturing (17,777 peers)

Coverage in Michigan

Gkn Driveline Pension Plan covers 248 participants in Michigan, about 39% of the average Michigan filer (state average ~638 per filing). Assets: $56M.

#14,064
in Manufacturing (17,777 peers)
+0.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Gkn Driveline Pension Plan's outsized position by total assets

Gkn Driveline Pension Plan vs every filed plan by assets

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

$55,886,146 Top 15% higher than 85% 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 Driveline Pension 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. Gkn Driveline Pension Plan sits mid-pack in the medium band (248 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gkn Driveline Pension Plan reported net income fell from $4M in the plan year 2023 filing to $500K in the plan year 2024 filing.
  • Gkn Driveline Pension Plan reported participants fell from 284 in the plan year 2023 filing to 248 in the plan year 2024 filing.
  • Gkn Driveline Pension Plan end-of-year assets rose from $55M in the plan year 2023 filing to $56M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 132886932 · Gkn Driveline North America Inc. PY 2024 · Defined Benefit (Pension)

Gkn Driveline Pension Plan · $56M · 248 · 85th

  • PCT $56M
  • PCT 248
  • PCT 85th
  • PCT Defined Benefit (Pension)
  • PCT near Medical Insurance Exchange of California Pension Plan
  • PCT ind #14064

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 Driveline Pension Plan in the asset neighbourhood

The Gorman-Rupp Company Retirement PlanThe Gorman-Rupp Company Reti…$56MMedical Insurance Exchange of California Pension PlanMedical Insurance Exchange o…$56MGkn Driveline Pension Plan$56MProvident Bank Pension Plan$56MLee County Electric Cooperative, Inc. Retirement PlanLee County Electric Cooperat…$56M
End-of-year total assets ($M) among Gkn Driveline Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$56M
Net Income$500K
Employer EIN132886932
Plan Effective Date2023-01-01
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 Defined Benefit (Pension) Plans in Michigan

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

Gkn Driveline Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Gkn Driveline Pension Plan, Total assets ($B): 0.055886146 · Participants: 248Gkn Driveline Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Gkn Driveline Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Gkn Driveline Pension Plan side-by-side with 3 peers →

Gkn Driveline Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Medical Insurance Exchange of California Pension Plan in CA ($56M); by covered participants it is X-Ray Associates of New Mexico, PC Cash Balance Pension Plan & Trust in NM (248 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (248 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 Driveline Pension Plan assets move in 2024? ▼
Gkn Driveline Pension Plan held essentially flat - up 0.9% during 2024, from $55M to $56M. Reported net income was $500K.
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 Driveline Pension Plan rank by assets among Form 5500 filers? ▼
Gkn Driveline Pension Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Gkn Driveline Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Medical Insurance Exchange of California Pension Plan in CA ($56M, 56 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Gkn Driveline Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is X-Ray Associates of New Mexico, PC Cash Balance Pension Plan & Trust in NM (248 participants, $7M 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 132886932.

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.