401(k) · DOL Form 5500 · 2022
Southgate Automotive, Inc. 401(k) Plan
Data updated 2026-08-25
- $12M
- Total assets Small plan by assets
- 109
- Participants Small participant base
- 68th
- Percentile by assets National rank
- $107,433
- Avg per participant Below avg balance/head
Official DOL plan name: Southgate Automotive, Inc. 401(k) Plan & Trust · Sponsored by Southgate Automotive, Inc. · Michigan · Retail Trade
$12M in assets, 109 participants
Southgate Automotive, Inc.'s Southgate Automotive, Inc. 401(k) Plan & Trust reported $12M in total assets and 109 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.
- #7,487 in Retail Trade (9,519 peers)
Coverage in Michigan
Southgate Automotive, Inc. 401(k) Plan & Trust covers 109 participants in Michigan, about 17% of the average Michigan filer (state average ~638 per filing). Assets: $12M.
- #7,487
- in Retail Trade (9,519 peers)
- -36.9%
- assets change YoY
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Southgate Automotive, Inc. 401(k) Plan & Trust's outsized position by total assets
Southgate Automotive, Inc. 401(k) Plan & Trust vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$11,710,222 Top 32% higher than 68% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Southgate Automotive, Inc. 401(k) Plan & Trust 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. Southgate Automotive, Inc. 401(k) Plan & Trust sits mid-pack in the medium band (109 participants).
Plan-year Form 5500 strip
Filing strip 382452677 · Southgate Automotive, Inc. PY 2022 · 401(k)
Southgate Automotive, Inc. 401(k) Plan & Trust · $12M · 109 · 68th
- PART $12M
- TYPE 109
- NET 68th
- BOOK 401(k)
- VS-ST near Ascend Retirement Savings 401(k) Plan
- BOY ind #7487
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 Michigan →
Southgate Automotive, Inc. 401(k) Plan & Trust in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $19M |
|---|---|
| Net Assets (End of Year) | $12M |
| Net Income | -$7M |
| Employer EIN | 382452677 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southgate Automotive, Inc.)
Sponsor-wide plan assets over time
All Southgate Automotive, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $16M 35.45282916071104% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 109 | $12M |
| 2023 | 1 | 107 | $14M |
| 2024 | 1 | 104 | $16M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Southgate Automotive, Inc. 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Ascend Retirement Savings 401(k) Plan in TN ($12M); by covered participants it is Dyehard Fan Supply 401(k) Profit Sharing Plan in NC (109 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($12M here).
- Ascend Retirement Savings 401(k) Plan (TN) $12M · 585
- Pediatric Associates, Inc. Retirement Plan (IN) $12M · 24
- Deepwatch, Inc. 401(k) Plan (FL) $12M · 362
- Userzoom, Inc. 401(k) Plan (CA) $12M · 158
Similar participant headcount
Nearest other-state filings by covered participants (109 participants); asset peers above are excluded.
- Dyehard Fan Supply 401(k) Profit Sharing Plan (NC) 109 · 0 off
- Careage of Logansport, Inc. 401(k) Plan (IN) 109 · 0 off
- Coastal Industries 401(k) Profit Sharing Plan (FL) 109 · 0 off
- Mob Scene 401(k) Plan (CA) 109 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.