Ford Motor 401(k) match, vesting and fees
What Ford Motor's 401(k) plan says about matching contributions
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Automatic enrollment | Newly hired eligible employees are automatically enrolled in the Plan at an initial contribution rate of 3 percent of their base wages, though they may elect to cancel or change their automatic enrollment rate. | Audit report, p. 22 ↗ |
| Roth contributions | Contributions and Vesting - Participants can contribute a percentage of their base pay and overtime pay to the Plan on a pre-tax, Roth, and/or after-tax basis, subject to federal tax law and Plan limits. Participants may also elect to contribute all, or a portion, of their distributions under the Company’s Profit Sharing Plan and certain other bonuses to the Plan on a pre-tax or Roth basis. | Audit report, p. 22 ↗ |
| Loans | Notes Receivable from Participants - The Plan permits participants to borrow from their pre-tax, Roth, after-tax, and rollover accounts. Monthly notes receivable interest rates related to these borrowings are based on the prime rate published in The Wall Street Journal. | Audit report, p. 23 ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 28 defined-contribution plans in manufacturing with 50,000 or more participants.
| Ford Motor: employer contribution per participant | $3,255 | |
| Peer median | $4,356 |
| Ford Motor: average balance | $96,300 | |
| Peer median | $263,591 |
| Ford Motor: admin expenses ÷ assets | 0.00% | |
| Peer median | 0.01% |
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 $7.6B at the end of plan year 2023 to $8.3B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 87,085 | $8.3B | $280M | $3,255 | 0.00% | Not published | Form 5500 ↗ |
| 2023 | 86,228 | $7.6B | $165M | $1,930 | 0.00% | Not published | Form 5500 ↗ |
Other Ford Motor plans (4)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees
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 auditor | Bdo USA, P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Ford Motor Company Uaw Retirement Plan
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.
| Recordkeeper | Alight Solutions, LLC | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Ford Motor Company General Retirement Plan
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.
| Recordkeeper | Alight Solutions, LLC | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Autoalliance International, Inc. Retirement Plan for Employees Represented by the Uaw
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.
| Recordkeeper | Alight Solutions, LLC | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Ford Motor match 401(k) contributions?
The match terms for the Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees have not been published from its filing yet. The plan year 2024 filing reports $280M in employer contributions, about $3,255 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Ford Motor 401(k) match vested?
The vesting schedule for the Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ford Motor 401(k)?
The filing names Ford Motor Company as plan administrator; it does not list a recordkeeper.
I left Ford Motor. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ford Motor Company, (313) 322-3000). The Ford Motor old 401(k) page lists the contacts from every plan filing. Find an old Ford Motor 401(k)
Data from the public Form 5500 annual reports Ford Motor 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 Ford Motor. Not financial advice. Report a correction · Methodology