401(k)
2024 plan-year 401(k) DOL Form 5500

Asrc Wage Defined Contribution Retirement Plan

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

Sponsored by Michelin North America, Inc. C/O Retirement Manager Β· South Carolina Β· Manufacturing

What the 2023 filing shows

Asrc Wage Defined Contribution Retirement Plan holds $59M for 275 participants - about $214,803 per participant, up 10.8% over the 2024 plan year.

$59M
total plan assets (2024 EOY)
275
covered participants
$214,803
avg assets per participant
+10.8%
assets growth YoY
Total Assets (2023)
$59M
Participants
275
Industry
Manufacturing

What the Filing Says About Asrc Wage Defined Contribution Retirement Plan

Asrc Wage Defined Contribution Retirement Plan is a 401(k) retirement plan sponsored by Michelin North America, Inc. C/O Retirement Manager, headquartered in South Carolina. As of the 2024 Form 5500 filing, the plan reports $59M in total end-of-year assets and covers 275 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 111724631, and the plan has been effective since 1986-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $53M at the beginning of 2024 to $59M at year-end β€” a gain of 10.8%. Net assets (after liabilities) closed the year at $59M, with reported net income of $6M 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 β€” 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)$53M
Total Assets (End of Year)$59M
Net Assets (End of Year)$59M
Net Income$6M
Plan Type401(k)
Employer EIN111724631
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michelin North America, Inc. C/O Retirement Manager)

Year Plans Participants Total Assets
2022 5 20,900 $6.0B
2023 5 21,315 $6.6B
2024 3 17,835 $4.8B

Nearby 401(k) Plans in South Carolina

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

Frequently Asked Questions

How much money is in the Asrc Wage Defined Contribution Retirement Plan?
As of the 2024 Form 5500 filing, Asrc Wage Defined Contribution Retirement Plan holds $59M in total assets with 275 participants. It is sponsored by Michelin North America, Inc. C/O Retirement Manager.
What type of plan is Asrc Wage Defined Contribution Retirement Plan?
Asrc Wage Defined Contribution Retirement Plan is a 401(k) plan. It has been effective since 1986-01-01. The plan is filed with the U.S. Department of Labor under EIN 111724631.
Who sponsors the Asrc Wage Defined Contribution Retirement Plan?
Asrc Wage Defined Contribution Retirement Plan is sponsored by Michelin North America, Inc. C/O Retirement Manager, located in South Carolina. The sponsor's EIN is 111724631 and the plan operates in the Manufacturing industry.
How did Asrc Wage Defined Contribution Retirement Plan perform in 2024?
Asrc Wage Defined Contribution Retirement Plan grew by 10.8% during 2024, moving from $53M to $59M in total assets. Net income was $6M.
Where can I find official filings for Asrc Wage Defined Contribution Retirement Plan?
Official Form 5500 filings for Asrc Wage Defined Contribution Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 111724631 or plan name at efast.dol.gov.
How does Asrc Wage Defined Contribution Retirement Plan compare to other plans?
You can compare Asrc Wage Defined Contribution Retirement Plan against other 401(k) plans on the plan type page, or view plans in South Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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) β€” original filing retrieval by EIN 111724631.

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

Reference: IRS Publication 590-B β€” 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.