Profit Sharing · DOL Form 5500 · 2022

First Automotive Group 401(k) Plan

Data updated 2026-05-15

$4M
Total assets
93
Participants
45th
Percentile by assets
$41,915
Avg per participant

Sponsored by D.H.E. & Associates, Inc. Dba First Automotive Group · California · Retail Trade

What the 2022 filing shows

First Automotive Group 401(k) Plan holds $4M for 93 participants - about $41,915 per participant, in the lower half of filed plans by assets, down 30.2% over the 2022 plan year.

$4M
total plan assets (2022 EOY)
93
covered participants
45th
percentile by assets (of 139,258 plans)
$41,915
avg assets per participant

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.

State
Industry
Retail Trade

Profit Sharing · DOL Form 5500 · 2022

What the Filing Says About First Automotive Group 401(k) Plan

First Automotive Group 401(k) Plan is a Profit Sharing retirement plan sponsored by D.H.E. & Associates, Inc. Dba First Automotive Group, headquartered in California. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 93 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 770284747, and the plan has been effective since 2008-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets contracted severely from $6M at the beginning of 2022 to $4M at year-end - down 30.2%. Net assets (after liabilities) closed the year at $4M, with reported net income of -$2M 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.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank First Automotive Group 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income-$2M
Plan TypeProfit Sharing
Employer EIN770284747
Plan Effective Date2008-04-01
Filing StatusFILING RECEIVED

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 First Automotive Group 401(k) Plan?
As of the 2022 Form 5500 filing, First Automotive Group 401(k) Plan holds $4M in total assets with 93 participants. It is sponsored by D.H.E. & Associates, Inc. Dba First Automotive Group.
What type of plan is First Automotive Group 401(k) Plan?
First Automotive Group 401(k) Plan is a Profit Sharing plan. It has been effective since 2008-04-01. The plan is filed with the U.S. Department of Labor under EIN 770284747.
Who sponsors the First Automotive Group 401(k) Plan?
First Automotive Group 401(k) Plan is sponsored by D.H.E. & Associates, Inc. Dba First Automotive Group, located in California. The sponsor's EIN is 770284747 and the plan operates in the Retail Trade industry.
How did First Automotive Group 401(k) Plan perform in 2022?
First Automotive Group 401(k) Plan contracted severely - down 30.2% during 2022, moving from $6M to $4M in total assets. Net income was -$2M.

What this filing means

Ways to act on First Automotive Group 401(k) Plan's numbers.

  • By total assets, First Automotive Group 401(k) Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
  • A Profit Sharing plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 770284747.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.