Asbury Automotive Retirement Savings Plan
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Asbury Automotive Group LLC · Georgia · Retail Trade
What the 2023 filing shows
Asbury Automotive Retirement Savings Plan holds $482M for 8,223 participants — about $58,578 per participant, up 33.3% over the 2022 plan year.
- $482M
- total plan assets (2022 EOY)
- 8,223
- covered participants
- $58,578
- avg assets per participant
- +33.3%
- assets growth YoY
The plan reported a net loss of $54M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Asbury Automotive Retirement Savings Plan
Asbury Automotive Retirement Savings Plan is a Profit Sharing retirement plan sponsored by Asbury Automotive Group LLC, headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $482M in total end-of-year assets and covers 8,223 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 232790555, and the plan has been effective since 1999-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $361M at the beginning of 2022 to $482M at year-end — a gain of 33.3%. Net assets (after liabilities) closed the year at $482M, with reported net income of $-53,829,005 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) | $361M |
| Total Assets (End of Year) | $482M |
| Net Assets (End of Year) | $482M |
| Net Income | $-53,829,005 |
| Plan Type | Profit Sharing |
| Employer EIN | 232790555 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Asbury Automotive Group LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 12,687 | $660M |
| 2023 | 2 | 13,361 | $574M |
| 2024 | 1 | 11,807 | $741M |
Nearby Profit Sharing Plans in Georgia
Peer Profit Sharing plans — same state, same plan type — ranked by total assets.
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan $17.2B · 510,511
- The Southern Company Employee Savings Plan $8.4B · 27,549
- Aon Savings Plan $6.2B · 13,948
- Wellstar Health System, Inc. Supplemental Retirement Savings Plan $2.1B · 24,573
- Northside Hospital 403(b) Retirement Plan $1.5B · 26,208
Related Data
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Frequently Asked Questions
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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 232790555.
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.
Read our methodology — how this data is sourced, computed, and verified.