Employer · plans filed under one EIN
Michelin North America, Inc. C/o Retirement Manager
Greenville, SC · Manufacturing
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
4 retirement plans with 100 or more participants file Form 5500 under Michelin North America, Inc. C/o Retirement Manager's employer identification number (Greenville, South Carolina). Their latest filings total 38,728 participant records and $6.79B in net assets.
The largest is Michelin 401(k) Savings Plan, a 401(k) plan with 19,906 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $142M and participant contributions $134M in the latest plan years; benefits paid were $678M. Schedule C compensation reported to service provider organisations totalled $7.8M.
Combined net assets moved from $1.38B in 2009 to $6.79B in 2024 (up 393%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Michelin 401(k) Savings Plan | 401(k) plan | 2024 | 19,906 | $4.48B | $224,933 | $8,619 | $1.2M |
| Michelin Retirement Plan | defined benefit pension plan | 2024 | 15,447 | $1.96B | $126,620 | — | $6.5M |
| BFG Wage Defined Contribution Retirement Plan | 401(k) plan | 2024 | 3,030 | $300M | $98,928 | $4,336 | $147K |
| Asrc Wage Defined Contribution Retirement Plan | 401(k) plan | 2024 | 345 | $59.1M | $171,220 | $5,623 | $14K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 4 | 38,728 | $6.79B | $142M | $134M |
| 2023 | 4 | 42,154 | $6.51B | $182M | $120M |
| 2022 | 4 | 42,397 | $5.85B | $121M | $116M |
| 2021 | 4 | 41,856 | $6.85B | $95.6M | $96.9M |
| 2020 | 4 | 40,315 | $7.14B | $32.6M | $87.0M |
| 2019 | 4 | 41,496 | $6.11B | $36.1M | $91.3M |
| 2018 | 3 | 19,825 | $2.58B | $45.9M | $90.6M |
| 2017 | 3 | 19,635 | $2.74B | $53.6M | $84.7M |
| 2016 | 3 | 19,645 | $2.38B | $52.6M | $83.4M |
| 2015 | 3 | 19,317 | $2.20B | $50.7M | $78.2M |
| 2014 | 3 | 19,034 | $2.22B | $48.4M | $72.7M |
| 2013 | 3 | 18,543 | $2.05B | $46.2M | $66.6M |
| 2012 | 3 | 18,479 | $1.74B | $43.8M | $63.2M |
| 2011 | 3 | 18,503 | $1.55B | $41.8M | $60.6M |
| 2010 | 3 | 17,576 | $1.52B | $38.7M | $56.0M |
| 2009 | 3 | 17,656 | $1.38B | $36.2M | $53.2M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| The Vanguard Group, Inc. | Recordkeeping and information management; Consulting (general); Trustee (directed); Participant loan processing | 3 | $1,150,283 |
| Aon Consulting, Inc. (NJ) | Consulting (general); Actuarial; Consulting (pension) | 2 | $1,108,270 |
| Conduent HR Services | Claims processing; Recordkeeping and information management; Consulting (general); Participant communication | 1 | $954,494 |
| Pimco | Investment management | 1 | $770,995 |
| JP Morgan | Investment advisory (plan); Investment management | 1 | $717,377 |
| Wellington Management | Investment management | 1 | $562,232 |
| BlackRock Institutional Trust Co. NA | Investment management | 1 | $526,123 |
| Northern Trust | Recordkeeping and information management; Custodial (securities); Trustee (bank, trust company, or similar financial institution); Investment advisory (plan) | 1 | $474,336 |
| Aksia LLC | Consulting (pension) | 1 | $329,294 |
| Legal & General Investment | Investment management | 1 | $314,451 |
| Schroders | Investment management | 1 | $180,904 |
| MFS Global Low Volatility | Investment management | 1 | $158,905 |
| Acadian | Investment management | 1 | $139,871 |
| Vanguard Advisers Inc. | Investment advisory (participants) | 1 | $66,807 |
| Charles Schwab & Co., Inc. | — | 2 | $12,700 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Michelin North America, Inc. C/o Retirement Manager have?
4 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Michelin 401(k) Savings Plan, Michelin Retirement Plan, BFG Wage Defined Contribution Retirement Plan and Asrc Wage Defined Contribution Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Michelin North America, Inc. C/o Retirement Manager contribute to its plans?
$141,641,712 in employer contributions across these plans in their latest plan years, about $6,868 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name The Vanguard Group, Inc., Aon Consulting, Inc. (NJ), Conduent HR Services and Pimco and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.