Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Northside Auto Group Retirement Investment Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Brasada Ford, Ltd. Dba Northside Ford · Texas · Retail Trade

What the 2023 filing shows

Northside Auto Group Retirement Investment Plan holds $20M for 571 participants — about $35,507 per participant, down 7.2% over the 2022 plan year.

$20M
total plan assets (2022 EOY)
571
covered participants
$35,507
avg assets per participant
-7.2%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$20M
Participants
571
State
Industry
Retail Trade

What the Filing Says About Northside Auto Group Retirement Investment Plan

Northside Auto Group Retirement Investment Plan is a Profit Sharing retirement plan sponsored by Brasada Ford, Ltd. Dba Northside Ford, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 571 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 742774980, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $22M at the beginning of 2022 to $20M at year-end — a decline of 7.2%. Net assets (after liabilities) closed the year at $20M, with reported net income of $-1,559,714 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$22M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$-1,559,714
Plan TypeProfit Sharing
Employer EIN742774980
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Brasada Ford, Ltd. Dba Northside Ford)

Year Plans Participants Total Assets
2022 1 571 $20M
2023 1 530 $24M
2024 1 450 $26M

Nearby Profit Sharing Plans in Texas

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Frequently Asked Questions

How much money is in the Northside Auto Group Retirement Investment Plan?
As of the 2022 Form 5500 filing, Northside Auto Group Retirement Investment Plan holds $20M in total assets with 571 participants. It is sponsored by Brasada Ford, Ltd. Dba Northside Ford.
What type of plan is Northside Auto Group Retirement Investment Plan?
Northside Auto Group Retirement Investment Plan is a Profit Sharing plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 742774980.
Who sponsors the Northside Auto Group Retirement Investment Plan?
Northside Auto Group Retirement Investment Plan is sponsored by Brasada Ford, Ltd. Dba Northside Ford, located in Texas. The sponsor's EIN is 742774980 and the plan operates in the Retail Trade industry.
How did Northside Auto Group Retirement Investment Plan perform in 2022?
Northside Auto Group Retirement Investment Plan declined by 7.2% during 2022, moving from $22M to $20M in total assets. Net income was $-1,559,714.
Where can I find official filings for Northside Auto Group Retirement Investment Plan?
Official Form 5500 filings for Northside Auto Group Retirement Investment Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 742774980 or plan name at efast.dol.gov.
How does Northside Auto Group Retirement Investment Plan compare to other plans?
You can compare Northside Auto Group Retirement Investment Plan against other Profit Sharing plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 742774980.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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