Plan5500

Asrc Wage Defined Contribution Retirement Plan — Form 5500 plan (Michelin North America, Inc. C/O Retirement Manager)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Asrc Wage Defined Contribution Retirement Plan is a benefit plan reported by Michelin North America, Inc. C/O Retirement Manager under EIN 11-1724631 and plan number 006. The latest loaded filing year is 2023. The filing reports 320 participants and $53,321,009 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$53.3MPlan net assets, end of year$53,321,009
Participants320Covered participants reported
Assets / participant$166.6KComputed: assets ÷ participants$166,628 (computed)
Provider compensation$12.5K1 Schedule C provider row(s)$12,475
Plan sponsor
Michelin North America, Inc. C/O Retirement Manager
EIN
11-1724631
Plan number
006
Plan type
2
Location
Greenville, SC
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    320 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$53.3M total assets
Net assets$53.3MLiabilities$0
Money in vs. money out
Total income / additions$11.5M
Total expenses$3.1M
Benefits paid / distributions$3.1M
Contributions
Employer$946.4K
Participant$2.3M
Full reported line items

Net assets

Total assets (EOY)
$53,321,009
Total liabilities (EOY)
$0
Net assets (EOY)
$53,321,009
Net assets (BOY)
$40,411,681

Income & contributions

Employer contributions
$946,445
Participant contributions
$2,270,258
Total contributions
$3,324,390
Total income / additions
$11,487,982

Expenses & distributions

Benefits paid
$3,113,784
Administrative expenses
$10,795
Total expenses
$3,130,405
Net increase / (decrease)
$8,357,577
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 29%Participant 71%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    The Vanguard Group, Inc.$12.5K
    NONE · Direct $12.5K · Indirect $0

Related Form 5500 pages