Michigan › Manufacturing › 25,000 or more participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Fca US LLC UAW Pension Agreement
Sponsored by Fca US LLC, Auburn Hills, MI
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Fca US LLC UAW Pension Agreement is a defined benefit pension plan sponsored by Fca US LLC of Auburn Hills, Michigan. For the plan year ending 31 Dec 2024 it reported 98,708 participants, 10,504 of them active, and net assets of $10.3B.
Net assets came to $103,895 per participant, above the $88,040 median for defined benefit plans with 25,000 or more participants and well above the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 9 service provider organisations paid $5,000 or more, with reported compensation of $7.3M: $74.24 per participant, well below the same-size median of $143. Administrative expenses charged to the plan were $49.4M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $11.9B in 2010 to $10.3B in 2024 (down 14%), and participants from 125,424 to 98,708 (down 21%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $103,895 | $88,040 | $67,961 | $86,221 |
| Employer contributions per active participant | — | $6,524 | $6,915 | $10,244 |
| Schedule C compensation per participant | $74.24 | $143 | $299 | $344 |
| Schedule C compensation, share of net assets | 0.07% | 0.26% | 0.47% | 0.42% |
| Administrative expenses per participant | $501 | $306 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 25,000 or more participants (215 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 98,708 | $10.3B | $103,895 | — | — | $7.3M |
| 2023 | 101,515 | $11.2B | $109,892 | $1.04B | — | $6.3M |
| 2022 | 95,312 | $8.55B | $89,746 | $281M | — | $5.6M |
| 2021 | 98,050 | $11.0B | $111,703 | — | — | $6.8M |
| 2020 | 101,015 | $10.8B | $106,831 | $0 | — | $6.7M |
| 2019 | 103,856 | $10.3B | $99,488 | $74.6M | — | $6.0M |
| 2018 | 106,515 | $9.58B | $89,908 | $0 | — | $5.8M |
| 2017 | 108,959 | $11.0B | $101,046 | $500M | — | $6.6M |
| 2016 | 111,662 | $10.2B | $91,757 | — | — | $4.4M |
| 2015 | 113,866 | $10.4B | $91,116 | $141M | — | $4.0M |
| 2014 | 115,725 | $11.4B | $98,111 | $92.1M | — | $6.6M |
| 2013 | 118,191 | $11.1B | $93,584 | $12.8M | — | $3.7M |
| 2012 | 120,719 | $11.5B | $95,131 | $80.4M | — | $3.1M |
| 2011 | 123,299 | $11.5B | $93,322 | $60.4M | — | $4.0M |
| 2010 | 125,424 | $11.9B | $94,872 | — | — | $4.6M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$11,155,705,594
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$167,201,916
- Benefits paid$1,018,188,740
- Administrative expenses$49,418,721
- Total expenses$1,067,607,461
- Net income−$900,405,545
- Net transfers$0
- Net assets, end of year$10,255,300,049
Participants
- Active participants10,504
- Retired or separated, receiving benefits53,500
- Retired or separated, entitled to future benefits13,738
- Total participants, end of year98,708
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Towers Watson Delaware Inc. | Recordkeeping and information management | $4,246,965 | $0 |
| Mercer | Actuarial | $1,285,514 | $0 |
| State Street Retirement Services | Trustee (bank, trust company, or similar financial institution) | $826,978 | $0 |
| Fca US LLC | Plan Administrator; Other services | $585,589 | $0 |
| Norton Rose Fulbright US LLC | Legal | $223,392 | $0 |
| West Publishing Corporation | Other services | $79,521 | $0 |
| Baker Tilly US, LLP | Accounting (including auditing) | $55,650 | $0 |
| Ogletree Deakins Nash Smoak & Stewa | Legal | $19,090 | $0 |
| US Evaluation Services LLC | Other services | $5,550 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$44,046,646
- Recordkeeping fees$4,246,965
- Trustee and custodial fees$826,978
- Legal fees$242,482
- IQPA audit fees$55,650
- Total administrative expenses$49,418,721
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$10.3B · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmBaker Tilly US, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $40,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 336100: Motor Vehicle Mfg.
Other plans of Fca US LLC
| Plan | Participants | Net assets |
|---|---|---|
| Fca US LLC UAW Savings Plan | 46,761 | $5.19B |
| Fca US LLC Salaried Employees' Savings Plan | 19,464 | $5.09B |
| Fca US LLC Pension Plan | 11,869 | $3.73B |
| Fca US LLC Consolidated Plan | 7,337 | $643M |
Similar plans in Michigan
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Ford Motor Company UAW Retirement Plan | Ford Motor Company | 138,666 | $17.8B | $128,605 |
| Ford Motor Company General Retirement Plan | Ford Motor Company | 54,619 | $12.1B | $221,718 |
| General Motors Hourly-Rate Employees Pension Plan | General Motors LLC | 310,099 | $35.6B | $114,719 |
| Dow Employees' Pension Plan | The Dow Chemical Company | 31,955 | $10.7B | $334,598 |
| Union Carbide Employees' Pension Plan | Union Carbide Corporation C/o the Dow Chemical Company | 31,806 | $2.13B | $66,818 |
| General Motors Salaried Retirement Program | General Motors LLC | 24,871 | $3.46B | $139,203 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Fca US LLC UAW Pension Agreement?
98,708 participants at the end of the plan year ending 31 Dec 2024, of whom 10,504 were active employees, with net assets of $10,255,300,049. Among defined benefit plans that places it in the 25,000 or more participants band, which held 215 plans in plan year 2024.
What does Fca US LLC contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $7,328,249 in compensation to service provider organisations, $74.24 per participant or 0.07% of net assets. The same-size median among plans reporting any Schedule C compensation was $143 per participant. Administrative expenses on Schedule H were $49,418,721. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Fca US LLC. Recordkeeping or administration: Towers Watson Delaware Inc. and Fca US LLC. Trustee or custodian: State Street Retirement Services. The financial statements were audited by Baker Tilly US, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 15 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 27-0187394, plan 005, received 15 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.