401(k) · DOL Form 5500 · 2022

Mike Erdman Motors, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
177
Participants Small participant base
52nd
Percentile by assets National rank
$31,046
Avg per participant Low balance/head
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Official DOL plan name: Mike Erdman Motors 401(k) Savings Plan · Sponsored by Mike Erdman Motors, Inc. · Florida · Retail Trade

$5M in assets, 177 participants

Mike Erdman Motors, Inc.'s Mike Erdman Motors 401(k) Savings Plan reported $5M in total assets and 177 participants in its 2022 DOL Form 5500 filing, ranking in the 52nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,923 in Retail Trade (9,519 peers)

Coverage in Florida

Mike Erdman Motors 401(k) Savings Plan covers 177 participants in Florida, about 28% of the average Florida filer (state average ~628 per filing). Assets: $5M.

#5,923
in Retail Trade (9,519 peers)
-8.1%
assets change YoY

The plan reported a net loss of $482K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mike Erdman Motors 401(k) Savings Plan's mid-pack asset rank among Retail Trade and all filers

Mike Erdman Motors 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$5,495,221 Top 48% higher than 52% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Mike Erdman Motors 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mike Erdman Motors 401(k) Savings Plan sits mid-pack in the medium band (177 participants).

EBSA filing schedule strip

Filing strip 650180295 · Mike Erdman Motors, Inc. PY 2022 · 401(k)

Mike Erdman Motors 401(k) Savings Plan · $5M · 177 · 52nd

  • TYPE $5M
  • TYPE 177
  • TYPE 52nd
  • TYPE 401(k)
  • TYPE near Reid, Sahm, Isaacs & Schmelzlen, LLP Profit Sharing Plan
  • TYPE ind #5923

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Florida →

Mike Erdman Motors 401(k) Savings Plan in the asset neighbourhood

Mike Erdman Motors 401(k) Savings PlanMike Erdman Motors 401(k) Sa…$5MReid, Sahm, Isaacs & Schmelzlen, LLP Profit Sharing PlanReid, Sahm, Isaacs & Schmelz…$5MPriority Dispatch & Diamond Expedited 401(k) PlanPriority Dispatch & Diamond …$5MBuilding Systems Incorporated 401(k) Retirement PlanBuilding Systems Incorporate…$5MCustom Products Retirement PlanCustom Products Retirement P…$5M
End-of-year total assets ($M) among Mike Erdman Motors 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$482K
Employer EIN650180295
Plan Effective Date1991-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mike Erdman Motors, Inc.)

Sponsor-wide plan assets over time

All Mike Erdman Motors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 36.00330177803586% vs 2022
2024 filing year
$5M$6M$7M$8M 202220232024 $5.5M $7.47M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 177 $5M
2023 1 190 $7M
2024 1 175 $7M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mike Erdman Motors 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Mike Erdman Motors 401(k) Savings Plan, Total assets ($B): 0.005495221 · Participants: 177Mike Erdman Motors 401(k) Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Mike Erdman Motors 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Mike Erdman Motors 401(k) Savings Plan side-by-side with 3 peers →

Mike Erdman Motors 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Reid, Sahm, Isaacs & Schmelzlen, LLP Profit Sharing Plan in CA ($5M); by covered participants it is Benchmark Landscape, Inc. 401(k) Profit Sharing Plan in CA (177 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (177 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mike Erdman Motors 401(k) Savings Plan assets move in 2022? ▼
Mike Erdman Motors 401(k) Savings Plan pulled back noticeably - down 8.1% during 2022, from $6M to $5M. Reported net income was -$482K.
How have Mike Erdman Motors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mike Erdman Motors, Inc.'s sponsor-wide assets grew 36.0%, from $5M to $7M.
Which 401(k) plans are similar in size to Mike Erdman Motors 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Reid, Sahm, Isaacs & Schmelzlen, LLP Profit Sharing Plan in CA ($5M, 4 participants).
Which 401(k) plans cover a similar participant headcount to Mike Erdman Motors 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Benchmark Landscape, Inc. 401(k) Profit Sharing Plan in CA (177 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 650180295.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.