401(k) · DOL Form 5500 · 2022

Southern Auto Sales, Inc. 401(k) Plan

Data updated 2026-08-11

$29M
Total assets
168
Participants
82nd
Percentile by assets
$171,195
Avg per participant
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Official DOL plan name: Southern Auto Sales, Inc. Master Profit Sharing Plan · Sponsored by Southern Auto Sales, Inc. · Connecticut · Wholesale Trade

$29M in assets, 168 participants

Southern Auto Sales, Inc.'s Southern Auto Sales, Inc. Master Profit Sharing Plan reported $29M in total assets and 168 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 139,126 plans)
  • #5,600 in Wholesale Trade (6,843 peers)

Coverage in Connecticut

Southern Auto Sales, Inc. Master Profit Sharing Plan covers 168 participants in Connecticut, about 23% of the average Connecticut filer (state average ~718 per filing). Assets: $29M.

$29M
total plan assets (2022 EOY)
168
covered participants
82nd
percentile by assets (of 139,126 plans)
$171,195
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Southern Auto Sales, Inc. Master Profit Sharing Plan sits by total assets

Southern Auto Sales, Inc. Master Profit Sharing Plan vs every filed plan by assets

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

$28,760,785 Top 18% higher than 82% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. Southern Auto Sales, Inc. Master Profit Sharing Plan reports 168 participants - about 23% of that state average ($29M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$29M
Net Income-$9M
Employer EIN060705740
Plan Effective Date1963-08-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Auto Sales, Inc.)

$28M$30M$32M$34M 202220232024 $28.8M $32.7M ▲ +13.7%
Total plan assets by year, all Southern Auto Sales, Inc. plans on file
Year Plans Participants Total Assets
2022 1 168 $29M
2023 1 158 $31M
2024 1 167 $33M

Nearby 401(k) Plans in Connecticut

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

Southern Auto Sales, Inc. Master Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Southern Auto Sales, Inc. Master Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Southern Auto Sales,…United Technologies …GE Retirement Saving…Citi Retirement Savi…The Hartford Investm…Xerox Corporation Sa…
Southern Auto Sales, Inc. Master Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Southern Auto Sales, Inc. Master Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Southern Auto Sales, Inc. Master Profit Sharing Plan assets move in 2022?
Southern Auto Sales, Inc. Master Profit Sharing Plan declined sharply - down 24.3% during 2022, from $38M to $29M. Reported net income was -$9M.
How have Southern Auto Sales, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Auto Sales, Inc.'s sponsor-wide assets grew 13.7%, from $29M to $33M.
Where does Southern Auto Sales, Inc. Master Profit Sharing Plan rank by assets among Form 5500 filers?
Southern Auto Sales, Inc. Master Profit Sharing Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Southern Auto Sales, Inc. Master Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Car Sound Exhaust System, Inc. 401(k) Profit Sharing Plan in CA ($29M, 413 participants).

Next read for Southern Auto Sales, Inc. Master Profit …

Filing takeaways

Ways to act on Southern Auto Sales, Inc. Master Profit Sharing Plan's numbers.

  • By total assets, Southern Auto Sales, Inc. Master Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
  • Southern Auto Sales, Inc.'s sponsor-wide assets have grown 13.7% since 2022 across 3 plan years on file. More Wholesale Trade plans