401(k) · DOL Form 5500 · 2023

Lee Motor Group Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
275
Participants Below avg headcount
66th
Percentile by assets National rank
$51,540
Avg per participant Low balance/head
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Official DOL plan name: Lee Motor Group Inc. Employees' 401(k) Plan · Sponsored by Lee Motor Group Inc. · North Carolina · Retail Trade

$14M in assets, 275 participants

Lee Motor Group Inc.'s Lee Motor Group Inc. Employees' 401(k) Plan reported $14M in total assets and 275 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #6,456 in Retail Trade (8,414 peers)

Coverage in North Carolina

Lee Motor Group Inc. Employees' 401(k) Plan covers 275 participants in North Carolina, about 34% of the average North Carolina filer (state average ~819 per filing). Assets: $14M.

#6,456
in Retail Trade (8,414 peers)
+26.3%
assets growth YoY

Lee Motor Group Inc. Employees' 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Lee Motor Group Inc. Employees' 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$14,173,634 Top 34% higher than 66% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Lee Motor Group Inc. Employees' 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lee Motor Group Inc. Employees' 401(k) Plan sits mid-pack in the medium band (275 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lee Motor Group Inc. Employees' 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Lee Motor Group Inc. Employees' 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Lee Motor Group Inc. Employees' 401(k) Plan reported participants rose from 271 in the plan year 2022 filing to 275 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 566282662 · Lee Motor Group Inc. PY 2023 · 401(k)

Lee Motor Group Inc. Employees' 401(k) Plan · $14M · 275 · 66th

  • TYPE $14M
  • TYPE 275
  • TYPE 66th
  • TYPE 401(k)
  • TYPE near Ibisworld 401(k) Plan
  • TYPE ind #6456

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 North Carolina →

Lee Motor Group Inc. Employees' 401(k) Plan in the asset neighbourhood

Lee Motor Group Inc. Employees' 401(k) PlanLee Motor Group Inc. Employe…$14MIbisworld 401(k) Plan$14MDermatology Associates, P.C. Profit Sharing PlanDermatology Associates, P.C.…$14MElectric Supply 401(k) Retirement Savings PlanElectric Supply 401(k) Retir…$14MWestern Industrial Contractors, Inc. 401(k) PlanWestern Industrial Contracto…$14M
End-of-year total assets ($M) among Lee Motor Group Inc. Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$3M
Employer EIN566282662
Plan Effective Date1975-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lee Motor Group Inc.)

Sponsor-wide plan assets over time

All Lee Motor Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 44.04757013036916% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.2M $16.2M ▲ +44.0%
Year Plans Participants Total Assets
2022 1 271 $11M
2023 1 275 $14M
2024 1 324 $16M

Nearby 401(k) Plans in North Carolina

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

Lee Motor Group Inc. Employees' 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Lee Motor Group Inc. Employees' 401(k) Plan, Total assets ($B): 0.014173634 · Participants: 275Lee Motor Group Inc. Employees' 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Lee Motor Group Inc. Employees' 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Lee Motor Group Inc. Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ibisworld 401(k) Plan in CA ($14M); by covered participants it is Centrus Savings Program in MD (275 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (275 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lee Motor Group Inc. Employees' 401(k) Plan assets move in 2023?
Lee Motor Group Inc. Employees' 401(k) Plan grew sharply - up 26.3% during 2023, from $11M to $14M. Reported net income was $3M.
How have Lee Motor Group Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lee Motor Group Inc.'s sponsor-wide assets grew 44.0%, from $11M to $16M.
Which 401(k) plans are similar in size to Lee Motor Group Inc. Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ibisworld 401(k) Plan in CA ($14M, 227 participants).
Which 401(k) plans cover a similar participant headcount to Lee Motor Group Inc. Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Centrus Savings Program in MD (275 participants, $198M in assets).