401(k) plans in Michigan: match, fees and largest employers
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Median maximum match
Not enough reviewed formulas yet (0)
0.31%
Median admin expenses ÷ assets
1,888 defined-contribution plans
$1,752
Median employer contribution per participant
Schedule H / I, plan year 2024
$65,435
Median average balance
Assets ÷ participants with balances
Match rankings in Michigan appear once at least 5 employers have a match formula reviewed by a person. Until then, each employer page quotes what its filing says about matching contributions.
Largest employers in Michigan
| Employer | Industry | Participants | Plan assets |
|---|---|---|---|
| Ford Motor | Manufacturing | 335,942 | $55.6B |
| General Motors | Manufacturing | 471,808 | $71.7B |
| Dow Chemical | Manufacturing | 76,468 | $21.8B |
| Whirlpool | Manufacturing | 49,179 | $5.2B |
| Trinity Health | Health Care and Social Assistance | 27,974 | $1.7B |
| Domino's Pizza | Accommodation and Food Services | 10,714 | $461M |
| Kelly Services | Administrative and Support and Waste Management | 151,635 | $617M |
| Henry Ford Health System | Health Care and Social Assistance | 76,737 | $4.2B |
| William Beaumont Hospital | Health Care and Social Assistance | 64,201 | $4.4B |
| Trustees of Central Midwest Regional Council of Carpenters DC Pension | Construction | 55,172 | $1.6B |
| Corewell Health | Health Care and Social Assistance | 46,003 | $3.4B |
| Stryker | Manufacturing | 35,926 | $7.9B |
| Consumers Energy | Utilities | 33,766 | $6.2B |
| Trustees of Ohio Carpenters' Pension Plan | Construction | 31,115 | $2.1B |
| Board of Trustees Michigan Laborers' Pension Fund | Construction | 28,837 | $1.3B |
| Dte Energy Corporate Services | Utilities | 28,594 | $7.7B |
| McLaren Health Care | Health Care and Social Assistance | 24,820 | $1.9B |
| Rock Holdings | Finance and Insurance | 22,766 | $2.2B |
| Board of Trustees of Carpenters' Pension Trust Funddetroit&Vicinity | Construction | 22,212 | $1.3B |
| Munson Healthcare | Health Care and Social Assistance | 21,801 | $980M |
| Joint Board of Trustees Operating Engineers Local 324 | Construction | 21,246 | $1.9B |
| Joint Board of Trustees, Operating Engineers Local 324, DC | Construction | 20,636 | $248M |
| La Petite Academy | Educational Services | 20,538 | $101M |
| Spartannash | Wholesale Trade | 19,981 | $752M |
| Sparrow Health System | Health Care and Social Assistance | 19,694 | $1.6B |
| Ciena Healthcare Management | Health Care and Social Assistance | 19,510 | $126M |
| Board of Trustees, Michigan Laborers' Annuity Fund | Construction | 18,951 | $129M |
| Gordon Food Service | Wholesale Trade | 18,591 | $2.8B |
| Lear | Manufacturing | 18,193 | $1.7B |
| Tenneco Automotive Operating | Manufacturing | 17,937 | $1.8B |
| Joint Board of Trustees of Mi Reg Council of Carpenters Annuity Fund | Construction | 17,503 | $527M |
| International Union,Security Police Fire Professionals of America | Other Services (except Public Administration) | 17,236 | $138M |
| Board of Trustees Indiana State Council of Carpenters Pension Fund | Construction | 17,170 | $1.3B |
| Auto-Owners Insurance | Finance and Insurance | 17,106 | $1.8B |
| Bronson Healthcare Group | Health Care and Social Assistance | 16,781 | $1.5B |
| Ufp Industries | Management of Companies and Enterprises | 16,703 | $785M |
| Penske Automotive Group | Retail Trade | 16,448 | $1.1B |
| Auto Club Insurance Association | Finance and Insurance | 16,297 | $1.7B |
| Michigan Credit Union League | Finance and Insurance | 15,666 | $996M |
| Dart Container of Michigan | Manufacturing | 15,485 | $1B |
| Aptiv | Manufacturing | 15,404 | $1.9B |
| Acrisure | Finance and Insurance | 13,953 | $1.1B |
| Board of Trustees Indiana/Kentucky/Ohio Regional Council Carpenters Pe | Construction | 13,860 | $1.8B |
| Denso International America | Retail Trade | 13,826 | $2.1B |
| Masco | Manufacturing | 13,355 | $1.7B |
| Amrize North America | Construction | 13,126 | $1.4B |
| Mymichigan Health | Health Care and Social Assistance | 12,922 | $1B |
| ZF North America | Manufacturing | 12,652 | $1.8B |
| American Axle & Manufacturing | Manufacturing | 12,565 | $1.2B |
| Christian Schools International | Educational Services | 11,898 | $958M |
| Alro Steel | Wholesale Trade | 11,200 | $550M |
| Board of Trustees,Laborers Pension Trust Fund-Detroit and Vicinity | Construction | 11,153 | $884M |
| Meritage Hospitality Group | Accommodation and Food Services | 11,055 | $6.9M |
| United Wholesale Mortgage | Finance and Insurance | 10,467 | $195M |
| La-Z-Boy | Manufacturing | 10,405 | $351M |
| Board of Trustees, Michigan Carpenters' Pension Fund | Construction | 10,312 | $771M |
| Lineage Logistics Holdings | Transportation and Warehousing | 10,204 | $493M |
| Borgwarner | Manufacturing | 10,171 | $1.7B |
| Millerknoll | Manufacturing | 10,107 | $1.4B |
| Adient US | Manufacturing | 10,019 | $986M |
Showing the 60 largest of 1,851. Search for an employer.
From public Form 5500 filings. Medians cover 401(k), 403(b) and profit-sharing plans of the employers listed here. Not financial advice. Methodology