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

OPEN ROAD 401(K) PLAN

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

RYAN AUTOMOTIVE, LLC

This 401(k) plan holds $47M in total assets and serves 1,025 participants as of 2022. It is sponsored by RYAN AUTOMOTIVE, LLC in New Jersey. The plan reported a net loss of $6M for the year.

Total Assets (2023)
$47M
Participants
1,025
State
Industry
Retail Trade

What the Filing Says About OPEN ROAD 401(K) PLAN

OPEN ROAD 401(K) PLAN is a 401(k) retirement plan sponsored by RYAN AUTOMOTIVE, LLC, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $47M in total end-of-year assets and covers 1,025 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 223724696, and the plan has been effective since 1993-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $52M at the beginning of 2022 to $47M at year-end — a decline of 10.8%. Net assets (after liabilities) closed the year at $47M, with reported net income of $-5,689,263 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)$52M
Total Assets (End of Year)$47M
Net Assets (End of Year)$47M
Net Income$-5,689,263
Plan Type401(k)
Employer EIN223724696
Plan Effective Date1993-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (RYAN AUTOMOTIVE, LLC)

Year Plans Participants Total Assets
2022 1 1,025 $47M
2023 1 1,017 $54M
2024 1 984 $61M

Nearby 401(k) Plans in New Jersey

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

Frequently Asked Questions

How much money is in the OPEN ROAD 401(K) PLAN?
As of the 2022 Form 5500 filing, OPEN ROAD 401(K) PLAN holds $47M in total assets with 1,025 participants. It is sponsored by RYAN AUTOMOTIVE, LLC.
What type of plan is OPEN ROAD 401(K) PLAN?
OPEN ROAD 401(K) PLAN is a 401(k) plan. It has been effective since 1993-03-01. The plan is filed with the U.S. Department of Labor under EIN 223724696.
Who sponsors the OPEN ROAD 401(K) PLAN?
OPEN ROAD 401(K) PLAN is sponsored by RYAN AUTOMOTIVE, LLC, located in New Jersey. The sponsor's EIN is 223724696 and the plan operates in the Retail Trade industry.
How did OPEN ROAD 401(K) PLAN perform in 2022?
OPEN ROAD 401(K) PLAN declined by 10.8% during 2022, moving from $52M to $47M in total assets. Net income was $-5,689,263.
Where can I find official filings for OPEN ROAD 401(K) PLAN?
Official Form 5500 filings for OPEN ROAD 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 223724696 or plan name at efast.dol.gov.
How does OPEN ROAD 401(K) PLAN compare to other plans?
You can compare OPEN ROAD 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in New Jersey 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 223724696.

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.