401(k)
2022 plan-year 401(k) DOL Form 5500

Tipton Motors, Inc. 401(k) Plan

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

Sponsored by Tipton Motors, Inc. · Texas · Retail Trade

What the 2023 filing shows

Tipton Motors, Inc. 401(k) Plan holds $2M for 117 participants — about $14,380 per participant, down 8.7% over the 2022 plan year.

$2M
total plan assets (2022 EOY)
117
covered participants
$14,380
avg assets per participant
-8.7%
assets change YoY

The plan reported a net loss of $160K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$2M
Participants
117
State
Industry
Retail Trade

What the Filing Says About Tipton Motors, Inc. 401(k) Plan

Tipton Motors, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Tipton Motors, Inc., headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 117 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 740837380, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2022 to $2M at year-end — a decline of 8.7%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-159,951 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.

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)$2M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-159,951
Plan Type401(k)
Employer EIN740837380
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Tipton Motors, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Tipton Motors, Inc. 401(k) Plan holds $2M in total assets with 117 participants. It is sponsored by Tipton Motors, Inc..
What type of plan is Tipton Motors, Inc. 401(k) Plan?
Tipton Motors, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 740837380.
Who sponsors the Tipton Motors, Inc. 401(k) Plan?
Tipton Motors, Inc. 401(k) Plan is sponsored by Tipton Motors, Inc., located in Texas. The sponsor's EIN is 740837380 and the plan operates in the Retail Trade industry.
How did Tipton Motors, Inc. 401(k) Plan perform in 2022?
Tipton Motors, Inc. 401(k) Plan declined by 8.7% during 2022, moving from $2M to $2M in total assets. Net income was $-159,951.
Where can I find official filings for Tipton Motors, Inc. 401(k) Plan?
Official Form 5500 filings for Tipton Motors, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 740837380 or plan name at efast.dol.gov.
How does Tipton Motors, Inc. 401(k) Plan compare to other plans?
You can compare Tipton Motors, Inc. 401(k) Plan against other 401(k) 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 740837380.

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.