401(k) · DOL Form 5500 · 2024
Michelin North America, Inc C/O Retirement Manager 401(k) Plan
Data updated 2026-08-11
- $300M
- Total assets
- 2,465
- Participants
- 96th
- Percentile by assets
- $121,603
- Avg per participant
Official DOL plan name: Bfg Wage Defined Contribution Retirement Plan · Sponsored by Michelin North America, Inc C/O Retirement Manager · South Carolina · Manufacturing
$300M in assets, 2,465 participants
Michelin North America, Inc C/O Retirement Manager's Bfg Wage Defined Contribution Retirement Plan reported $300M in total assets and 2,465 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 123,622 plans)
- #16,607 in Manufacturing (17,777 peers)
Coverage in South Carolina
Bfg Wage Defined Contribution Retirement Plan covers 2,465 participants in South Carolina, 6.7x the typical South Carolina plan (state average ~369 per filing). Assets: $300M.
- $300M
- total plan assets (2024 EOY)
- 2,465
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $121,603
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Bfg Wage Defined Contribution Retirement Plan reported net income fell from $40M in the plan year 2023 filing to $29M in the plan year 2024 filing.
- Bfg Wage Defined Contribution Retirement Plan end-of-year assets rose from $273M in the plan year 2023 filing to $300M in the plan year 2024 filing.
- Bfg Wage Defined Contribution Retirement Plan reported participants fell from 2,595 in the plan year 2023 filing to 2,465 in the plan year 2024 filing.
Participants vs South Carolina filers
In South Carolina, the average filing covers about 369 participants across 1,490 plans. Bfg Wage Defined Contribution Retirement Plan reports 2,465 participants - 6.7x that state average ($300M EOY assets).
South Carolina filing particulars
| Total Assets (Beginning of Year) | $273M |
|---|---|
| Net Assets (End of Year) | $300M |
| Net Income | $29M |
| Employer EIN | 111724631 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING 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, same state, same plan type, ranked by total assets.
Bfg Wage Defined Contribution Retirement Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
- Michelin 401(k) Savings Plan $4.5B · 15,095
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Bfg Wage Defined Contribution Retirement Plan by total assets, not by location.
- Bi Worldwide Savings Plan (MN) $300M · 1,097
- Belcan Retirement Savings Plan (OH) $300M · 4,110
- Ruan Employees' 401(k) Savings Plan (IA) $300M · 5,776
- Rockland Trust Co Ee Savings Ps and Stock Ownership Plan (MA) $300M · 1,859
Frequently Asked Questions
How did Bfg Wage Defined Contribution Retirement Plan assets move in 2024? ▼
How have Michelin North America, Inc C/O Retirement Manager plan assets changed over time? ▼
Where does Bfg Wage Defined Contribution Retirement Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Bfg Wage Defined Contribution Retirement Plan's numbers.
- By total assets, Bfg Wage Defined Contribution Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
- Michelin North America, Inc C/O Retirement Manager's sponsor-wide assets have declined 19.1% since 2022 across 3 plan years on file. More Manufacturing plans