Plan Ledger DOL Form 5500 · updated monthly

Ford Motor Company401(k) + ESOP (KSOP)

FORD MOTOR CO. SAVINGS AND STOCK INVESTMENT PLAN FOR SALARIED EMPLOYEES · DEARBORN, MI · plan year 2024

Employer contribution per participant · 2024
$9,154

Ford Motor Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $17,268,935,890 across 52,080 participant accounts, with employer contributions averaging $9,154 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 2nd-largest of 2,619 plans among Michigan employers on file, and the 16th of 13,661 in manufacturing. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 30,282 to 34,102 since 2022.

Plan summary
Net assets, end of year$17,268,935,890
Participants with balances52,080
Active participants34,102
Employer contributions$312,161,150
Employee contributions$479,920,209
Employer contribution per active participant$9,154
Average account balance$331,585
Benefits paid to participants$1,406,550,063
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3B · 52,080 accts · $312.2M emplr
2023$15.6B · 50,865 accts · $273.5M emplr
2022$13.8B · 50,212 accts · $263.1M emplr
The Ford Motor Company 401(k) match · 2024
Employer contribution per active participant$9,154
Median for plans this size$5,259
2024$9,154 per active participant
2023$8,591 per active participant
2022$8,690 per active participant

Ford Motor Company's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
FORD MOTOR CO. SAVINGS AND STOCK INVESTMENT PLAN FOR SALARIED EMPLOYEES401(k) + ESOP (KSOP)
FORD MOTOR CO. TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES401(k) + ESOP (KSOP)
Same employer
Similar plansManufacturing · Michigan
Caterpillar Inc. TX$23.0B · 0.04%
Pfizer Inc NY$22.0B · 0.05%
Chevron Corporation CA$20.4B · 0.02%
Pepsico, Inc. NY$16.7B · 0.01%
L3HARRIS Technologies, Inc. FL$16.3B · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 380549190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.