401(k) · DOL Form 5500 · 2024
Michelin North America, Inc. C/O Retirement Manager 401(k) Plan
Data updated 2026-08-25
- $4.5B
- Total assets Very large vs avg
- 15,095
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $296,623
- Avg per participant High balance/head
Official DOL plan name: Michelin 401(k) Savings Plan · Sponsored by Michelin North America, Inc. C/O Retirement Manager · South Carolina · Manufacturing
$4.5B in assets, 15,095 participants
Michelin North America, Inc. C/O Retirement Manager's Michelin 401(k) Savings Plan reported $4.5B in total assets and 15,095 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.
- #17,657 in Manufacturing (17,777 peers)
Coverage in South Carolina
Michelin 401(k) Savings Plan covers 15,095 participants in South Carolina, 41x the typical South Carolina plan (state average ~369 per filing). Assets: $4.5B.
- #17,657
- in Manufacturing (17,777 peers)
- +9.7%
- assets growth YoY
- 45×
- vs typical plan assets (national mean)
Michelin 401(k) Savings Plan's outsized position by total assets
Michelin 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$4,477,517,422 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Michelin 401(k) Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michelin 401(k) Savings Plan is a mega filing (15,095 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Michelin 401(k) Savings Plan reported net income fell from $465M in the plan year 2023 filing to $393M in the plan year 2024 filing.
- Michelin 401(k) Savings Plan end-of-year assets rose from $4.1B in the plan year 2023 filing to $4.5B in the plan year 2024 filing.
- Michelin 401(k) Savings Plan reported participants rose from 14,439 in the plan year 2023 filing to 15,095 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 111724631 · Michelin North America, Inc. C/O Retirement Manager PY 2024 · 401(k)
Michelin 401(k) Savings Plan · $4.5B · 15,095 · 100th
- SCH $4.5B
- EBSA 15,095
- PART 100th
- TYPE 401(k)
- NET near Laboratory Corporation of America Holdings 401(k) Savings Plan
- BOOK ind #17657
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 South Carolina →
Michelin 401(k) Savings Plan in the asset neighbourhood
South Carolina filing particulars
| Total Assets (Beginning of Year) | $4.1B |
|---|---|
| Net Assets (End of Year) | $4.5B |
| Net Income | $393M |
| Employer EIN | 111724631 |
| Plan Effective Date | 1986-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Michelin North America, Inc. C/O Retirement Manager)
Sponsor-wide plan assets over time
All Michelin North America, Inc. C/O Retirement Manager plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.8B 19.076346492976135% vs 2022
- 2024 filing year
| 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, same state, same plan type, ranked by total assets.
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.8B · 9,296
- Sonoco Retirement & Savings Plan $1.7B · 11,813
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.5B · 11,878
- The Milliken Retirement Plan $1.4B · 5,733
- Retirement Savings Plan for Employees of Continental-Rubber $1.3B · 11,080
Scale composition for Michelin 401(k) Savings Plan
Michelin 401(k) Savings Plan reports $4.5B in end-of-year assets across 15,095 participants (0.036% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $296,623 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2024 was $393M.
This plan identity (EIN 111724631, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.6B to $4.5B (+23.8%) while covered participants moved from 13,708 to 15,095 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 13,708 | $3.6B | Open filing |
| 2023 | 14,439 | $4.1B | Open filing |
| 2024 · index core | 15,095 | $4.5B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Michelin Retirement Plan (Defined Benefit (Pension), $2.2B, 3,743 participants)
- Bfg Wage Defined Contribution Retirement Plan (401(k), $300M, 2,465 participants)
Michelin 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside South Carolina, the nearest 401(k) by assets is Laboratory Corporation of America Holdings 401(k) Savings Plan in NC ($4.5B); by covered participants it is Wsp USA Retirement Savings Plan in NY (15,097 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4.5B here).
- Laboratory Corporation of America Holdings 401(k) Savings Plan (NC) $4.5B · 47,710
- Thomson Reuters 401(k) Savings Plan (MN) $4.5B · 8,868
- Iu Health 401(k) Savings Plan (IN) $4.5B · 38,460
- Deutsche Bank Matched Savings Plan (NY) $4.5B · 8,101
Similar participant headcount
Nearest other-state filings by covered participants (15,095 participants); asset peers above are excluded.
- Wsp USA Retirement Savings Plan (NY) 15,097 · 2 off
- Toyota Industries North America Group Associates' 401(k) Retirement Plan (IN) 15,089 · 6 off
- Omni Hotels 401(k) Retirement Savings Plan (TX) 15,074 · 21 off
- The Odp Corporation Retirement Savings Plan (FL) 15,072 · 23 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.