Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

HYUNDAI AUTOEVER AMERICA 401(K) PLAN

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

HYUNDAI AUTOEVER AMERICA

This Profit Sharing plan holds $54M in total assets and serves 276 participants as of 2022. It is sponsored by HYUNDAI AUTOEVER AMERICA in California. The plan reported a net loss of $17M for the year.

Total Assets (2023)
$54M
Participants
276
State
Industry
Professional & Technical Services

What the Filing Says About HYUNDAI AUTOEVER AMERICA 401(K) PLAN

HYUNDAI AUTOEVER AMERICA 401(K) PLAN is a Profit Sharing retirement plan sponsored by HYUNDAI AUTOEVER AMERICA, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $54M in total end-of-year assets and covers 276 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 510531094, and the plan has been effective since 2005-03-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $71M at the beginning of 2022 to $54M at year-end — a decline of 23.9%. Net assets (after liabilities) closed the year at $54M, with reported net income of $-16,933,905 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)$71M
Total Assets (End of Year)$54M
Net Assets (End of Year)$54M
Net Income$-16,933,905
Plan TypeProfit Sharing
Employer EIN510531094
Plan Effective Date2005-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (HYUNDAI AUTOEVER AMERICA)

Year Plans Participants Total Assets
2022 1 276 $54M
2023 1 291 $67M
2024 1 344 $81M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the HYUNDAI AUTOEVER AMERICA 401(K) PLAN?
As of the 2022 Form 5500 filing, HYUNDAI AUTOEVER AMERICA 401(K) PLAN holds $54M in total assets with 276 participants. It is sponsored by HYUNDAI AUTOEVER AMERICA.
What type of plan is HYUNDAI AUTOEVER AMERICA 401(K) PLAN?
HYUNDAI AUTOEVER AMERICA 401(K) PLAN is a Profit Sharing plan. It has been effective since 2005-03-31. The plan is filed with the U.S. Department of Labor under EIN 510531094.
Who sponsors the HYUNDAI AUTOEVER AMERICA 401(K) PLAN?
HYUNDAI AUTOEVER AMERICA 401(K) PLAN is sponsored by HYUNDAI AUTOEVER AMERICA, located in California. The sponsor's EIN is 510531094 and the plan operates in the Professional & Technical Services industry.
How did HYUNDAI AUTOEVER AMERICA 401(K) PLAN perform in 2022?
HYUNDAI AUTOEVER AMERICA 401(K) PLAN declined by 23.9% during 2022, moving from $71M to $54M in total assets. Net income was $-16,933,905.
Where can I find official filings for HYUNDAI AUTOEVER AMERICA 401(K) PLAN?
Official Form 5500 filings for HYUNDAI AUTOEVER AMERICA 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 510531094 or plan name at efast.dol.gov.
How does HYUNDAI AUTOEVER AMERICA 401(K) PLAN compare to other plans?
You can compare HYUNDAI AUTOEVER AMERICA 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in California 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 510531094.

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 official public datasets. See our methodology for details.