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Industry · Form 5500 business code 336100

Motor Vehicle Mfg: retirement plans

Plans whose sponsor entered this principal business activity code on Form 5500.

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. The business code is chosen by the filer from the list in the Form 5500 instructions.

For plan year 2024, 123 retirement plans in motor vehicle mfg with 100 or more participants filed Form 5500: 89 defined contribution and 34 defined benefit. They reported 1,476,896 participant records and $199.6B in net assets, counting every plan on the form.

The median defined contribution plan held $62,693 per participant, above the national median of $53,031, and its employer put in $2,455 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $72.68 per participant against $123 nationally.

Employers contributed $3.77B and participants $4.14B during the year, and the plans paid out $19.8B in benefits.

In 2009 the same group numbered 164 plans with $274.7B; by 2024 it was 123 plans (down 25%) and $199.6B (down 27%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.

123plans with 100+ participants, plan year 202489 DC · 34 DB
$199.6Bnet assets, all Form 5500 pension filers1,476,896 participant records
$62,693median DC plan assets per participantUS $53,031
$72.68median Schedule C compensation per participant (DC)US $123

Medians compared with all US plans

Median plan, plan year 2024Industry: DCUS: DCIndustry: DBUS: DB
Net assets per participant$62,693$53,031$98,603$86,234
Employer contributions per active participant$2,455$2,174$13,153$10,244
Schedule C compensation per participant$72.68$123$214$344
Schedule C compensation, share of net assets0.11%0.26%0.23%0.42%
Administrative expenses per participant$70.68$116$450$527

Medians across plans with 100 or more participants (88 DC and 34 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.

Distribution of DC plans

Measure25th percentileMedian75th percentilePlans
Net assets per participant$32,072$62,693$121,96388
Employer contributions per active participant$1,447$2,455$4,94286
Schedule C compensation per participant$47.37$72.68$15079
Administrative expenses per participant$43.17$70.68$14483

Trend by plan year

2009: $274.7B2010: $210.0B2011: $204.9B2012: $189.1B2013: $193.6B2014: $203.0B2015: $197.5B2016: $197.1B2017: $205.3B2018: $193.5B2019: $215.0B2020: $230.1B2021: $225.2B2022: $181.5B2023: $194.8B2024: $199.6B$274.7B$199.6B20092012201620202024
Net assets, all Form 5500 pension filers
2009: 1642010: 1532011: 1522012: 1492013: 1502014: 1492015: 1432016: 1362017: 1292018: 1332019: 1312020: 1252021: 1272022: 1352023: 1272024: 12316412320092012201620202024
Plans with 100 or more participants
Plan yearPlans 100+ParticipantsNet assetsEmployer contributionsParticipant contributionsMedian DC assets / participantMedian DC Sch. C / participant
2025partial16190,092$16.0B$353M$780M$85,900$80.09
20241231,476,896$199.6B$3.77B$4.14B$62,693$72.68
20231271,508,867$194.8B$4.54B$3.86B$55,260$69.29
20221351,545,321$181.5B$2.84B$3.61B$48,689$62.44
20211271,535,278$225.2B$2.07B$3.15B$60,300$62.29
20201251,521,084$230.1B$2.09B$2.81B$55,702$69.55
20191311,537,227$215.0B$2.59B$2.87B$49,941$61.19
20181331,567,227$193.5B$1.94B$2.81B$42,494$50.89
20171291,611,082$205.3B$3.15B$2.57B$49,851$44.62
20161361,640,505$197.1B$2.03B$2.38B$42,736$34.39
20151431,717,255$197.5B$2.47B$2.30B$43,865$31.82
20141491,719,506$203.0B$3.81B$2.10B$44,497$29.25
20131501,723,368$193.6B$4.57B$1.97B$40,154$23.24
20121491,799,905$189.1B$3.51B$1.75B$40,119$20.56
20111521,890,360$204.9B$4.93B$1.64B$34,521$20.38
20101531,968,168$210.0B$1.09B$1.47B$35,377$20.10
20091642,731,025$274.7B$4.83B$1.24B$30,234$14.18

Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.

Provider share

Service provider organisations named most often on the Schedule C of the 123 plans on this page's list, by number of plans. A plan usually names several providers.

Mercer13 · 11%
ADP, Inc.8 · 7%
RSM US LLP5 · 4%

Largest plans

The 40 largest by participants of 123 plans with a page on this site.

PlanSponsorStateTypeParticipantsNet assetsPer participantEmployer / activeSch. C / participant
General Motors Hourly-Rate Employees Pension PlanGeneral Motors LLCMIDB310,099$35.6B$114,719$0—
Ford Motor Company UAW Retirement PlanFord Motor CompanyMIDB138,666$17.8B$128,605—$81.49
Fca US LLC UAW Pension AgreementFca US LLCMIDB98,708$10.3B$103,895—$74.24
Tesla, Inc. 401(k) PlanTesla, Inc.TXDC95,640$3.21B$33,553$1,369$38.04
Ford Motor Co. Tax-Efficient Savings Plan for Hourly EmployeesFord Motor CompanyMIDC87,085$8.29B$95,232$4,735—
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesGeneral Motors LLCMIDC71,495$9.57B$133,833$4,895—
General Motors Retirement Savings Plan for Salaried Employees in the United StatesGeneral Motors LLCMIDC65,343$23.1B$352,894$13,545—
Ford Motor Company General Retirement PlanFord Motor CompanyMIDB54,619$12.1B$221,718$66,105$74.27
Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesFord Motor CompanyMIDC53,596$17.3B$322,206$9,154—
Fca US LLC UAW Savings PlanFca US LLCMIDC46,761$5.19B$111,041$4,867—
Honda 401(k) Savings PlanAmerican Honda Motor Company, Inc.CADC38,028$6.30B$165,735$7,949$73.47
General Motors Salaried Retirement ProgramGeneral Motors LLCMIDB24,871$3.46B$139,203$33,184—
Forest River, Inc. 401(k) PlanForest River, Inc.INDC23,317$126M$5,417$0$12.89
Nissan Employee 401(k) PlanNissan North America, Inc.TNDC21,429$4.38B$204,196$7,067$167
Fca US LLC Salaried Employees' Savings PlanFca US LLCMIDC19,464$5.09B$261,717$7,941—
Honda Retirement PlanAmerican Honda Motor Company, Inc.CADB18,405$3.30B$179,351$5,103$96.36
Oshkosh Corporation and Affiliates Tax-Deferred Investment PlanOshkosh CorporationWIDC18,364$2.34B$127,665$4,876$94.64
Paccar Inc. Retirement PlanPaccar Inc.WADB17,931$2.91B$162,146—$222
Rivian, LLC 401(k) PlanRivian, LLCCADC17,510$755M$43,096$1,718$76.33
Paccar Inc. Savings Investment PlanPaccar Inc.WADC13,106$3.06B$233,346$5,097$55.14
Fca US LLC Pension PlanFca US LLCMIDB11,869$3.73B$314,389—$87.21
Daimler Truck North America UAW Pension PlanDaimler Truck North AmericaORDB11,374$833M$73,240$4,573$88.24
International Motors, LLC Hourly Employees Pension Plan No. 1International Motors, LLCILDB11,121$713M$64,149$39,837—
East Penn Manufacturing Co. 401(k) Savings PlanEast Penn Manufacturing Co.PADC10,956$729M$66,541$1,715$32.16
Daimler Truck North America, L.L.C. Employee Retirement Savings PlanDaimler Truck North America, L.L.C.ORDC10,746$2.72B$252,983$10,446$47.00
Daimler Truck North America, LLC UAW Retirement Savings PlanDaimler Truck North America LLCORDC8,508$537M$63,125$2,094$53.85
Harley-Davidson Retirement PlanHarley-Davidson Motor Company, Inc.WIDB7,834$1.85B$235,659—$545
International Motors, LLC 401(k) Retirement PlanInternational Motors, LLCILDC7,744$1.77B$229,033$8,701$92.75
Sia Retirement PlanSubaru of Indiana Automotive, Inc.INDC7,711$1.01B$130,785$6,520$132
International Motors, LLC Hourly Employees Pension Plan No. 2International Motors, LLCILDB7,644$119M$15,631——
Volvo Group North America Voluntary Investment Pretax PlanVolvo Group North America, LLCNCDC7,644$1.46B$190,381$10,735$59.00
Fca US LLC Consolidated PlanFca US LLCMIDB7,337$643M$87,582—$72.37
Mercedes-Benz U.S. International, Inc. Retirement and Savings PlanMercedes-Benz U.S. International, Inc.ALDC7,116$1.23B$173,429$7,587$144
Rev Group, Inc. 401(k) Retirement PlanRev Group, Inc.WIDC6,963$350M$50,207$1,858$63.73
Winnebago Industries, Inc. Profit Sharing and Deferred Savings and Investment PlanWinnebago Industries, Inc.MNDC6,693$361M$53,918$2,773$70.34
Volvo Group North America Retirement PlanVolvo Group North America LLCNCDB5,789$314M$54,251—$89.06
Mack UAW 401(k) PlanMack Trucks, Inc.NCDC4,659$220M$47,275$3,069$45.05
Voluntary Investment Pretax Plan for the Volvo Group North America Union EmployeesVolvo Group North America, LLCNCDC4,429$151M$34,013$2,197$48.90
Daimler Truck North America Pension PlanDaimler Truck North AmericaORDB4,363$505M$115,639—$261
Hyundai Motor Manufacturing Alabama, LLC 401(k) PlanHyundai Motor Manufacturing Alabama, LLCALDC4,362$325M$74,449$5,068$46.66

By plan size

By state

Questions and answers

How many retirement plans are there in motor vehicle mfg?

123 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 135 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.

What is the typical 401(k) balance in motor vehicle mfg?

The median defined contribution plan reported $62,693 in net assets per participant (middle half of plans: $32,072 to $121,963); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.

What do employers contribute in motor vehicle mfg?

The median defined contribution plan received $2,455 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.

What are average 401(k) fees in motor vehicle mfg?

Among defined contribution plans that report any Schedule C compensation, the median was $72.68 per participant and 0.11% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.

Where does this come from?

Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.