American Axle & Manufacturing 401(k) match, vesting and fees

Plan year 2024 filingAmerican Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates · Plan 004 · EIN 38-3138388Updated Oct 2026

What American Axle & Manufacturing's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $3.5M in employer contributions, about $1,060 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$78,352
Average account balance
4,861
Participants (end of year)
$258M
Plan assets (end of year)
0.10%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Inv. Inst. Oper. Co.Schedule C ↗
Independent auditorGjc Cpa'S & Advisors (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 1,622 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

American Axle & Manufacturing: employer contribution per participant$1,060
Peer median$2,413
American Axle & Manufacturing: average balance$78,352
Peer median$86,434
American Axle & Manufacturing: admin expenses ÷ assets0.10%
Peer median0.12%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $245M at the end of plan year 2023 to $258M at the end of plan year 2024.

$245M2023$258M2024
End-of-year figures from each plan year's Form 5500 filing for the American Axle & Manufacturing plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20244,861$258M$3.5M$1,0600.10%Not publishedForm 5500 ↗
20235,231$245M$3.5M$1,0550.13%Not publishedForm 5500 ↗

Other American Axle & Manufacturing plans (2)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

American Axle & Manufacturing, Inc. Salaried Savings Plan

Plan 005 · EIN 38-3138388 · plan year 2024 filing
$261,447
Average account balance
2,732
Participants (end of year)
$707M
Plan assets (end of year)
0.05%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Inv. Inst. Oper. Co.Schedule C ↗
Independent auditorGjc Cpa'S & Advisors (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

American Axle & Manufacturing, Inc. Pension Plan

Plan 001 · EIN 38-3138388 · plan year 2024 filing
$54,290
Average account balance
4,972
Participants (end of year)
$270M
Plan assets (end of year)
1.74%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorGjc Cpa'S & Advisors (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does American Axle & Manufacturing match 401(k) contributions?

The match terms for the American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates have not been published from its filing yet. The plan year 2024 filing reports $3.5M in employer contributions, about $1,060 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the American Axle & Manufacturing 401(k) match vested?

The vesting schedule for the American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates is not in the data published so far. Your Summary Plan Description states it.

Who manages the American Axle & Manufacturing 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Inv. Inst. Oper. Co.. The plan administrator is American Axle & Manufacturing, Inc..

I left American Axle & Manufacturing. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (American Axle & Manufacturing, Inc., (313) 758-2000) or the recordkeeper, Fidelity Inv. Inst. Oper. Co.. The American Axle & Manufacturing old 401(k) page lists the contacts from every plan filing. Find an old American Axle & Manufacturing 401(k)

Data from the public Form 5500 annual reports American Axle & Manufacturing filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with American Axle & Manufacturing. Not financial advice. Report a correction · Methodology