401(k) · DOL Form 5500 · 2023

Twin Cities Automotive, LLC 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
581
Participants Below avg headcount
85th
Percentile by assets National rank
$82,841
Avg per participant Below avg balance/head
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Official DOL plan name: Carousel Motor Group 401(k) Savings Plan · Sponsored by Twin Cities Automotive, LLC · Minnesota · Retail Trade

$48M in assets, 581 participants

Twin Cities Automotive, LLC's Carousel Motor Group 401(k) Savings Plan reported $48M in total assets and 581 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,710 in Retail Trade (8,414 peers)

Where Carousel Motor Group 401(k) Savings Plan sits by assets

Carousel Motor Group 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $48M for 581 participants (~$82,841/participant), up 25.9% in 2023.

#7,710
in Retail Trade (8,414 peers)
+25.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Carousel Motor Group 401(k) Savings Plan's outsized position by total assets

Carousel Motor Group 401(k) Savings Plan vs every filed plan by assets

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

$48,130,787 Top 15% higher than 85% 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

Carousel Motor Group 401(k) Savings 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. Carousel Motor Group 401(k) Savings Plan sits mid-pack in the medium band (581 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carousel Motor Group 401(k) Savings Plan reported net income rose from -$6M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Carousel Motor Group 401(k) Savings Plan end-of-year assets rose from $38M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Carousel Motor Group 401(k) Savings Plan reported participants rose from 565 in the plan year 2022 filing to 581 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 261871075 · Twin Cities Automotive, LLC PY 2023 · 401(k)

Carousel Motor Group 401(k) Savings Plan · $48M · 581 · 85th

  • 5500 $48M
  • ASSETS 581
  • PCT 85th
  • EIN 401(k)
  • RANK near Rex-Hide Industries, Inc. Profit Sharing Plan
  • PHOTO ind #7710

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 Minnesota →

Carousel Motor Group 401(k) Savings Plan in the asset neighbourhood

Nh Profit Sharing Plan & TrustNh Profit Sharing Plan & Tru…$48MAlmatis, Inc. Savings Plan$48MOne Water Marine Holdings, LLC 401(k) PlanOne Water Marine Holdings, L…$48MCarousel Motor Group 401(k) Savings PlanCarousel Motor Group 401(k) …$48MRex-Hide Industries, Inc. Profit Sharing PlanRex-Hide Industries, Inc. Pr…$48M
End-of-year total assets ($M) among Carousel Motor Group 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$48M
Net Income$10M
Employer EIN261871075
Plan Effective Date2008-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Twin Cities Automotive, LLC)

Sponsor-wide plan assets over time

All Twin Cities Automotive, LLC plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$20M$40M$60M 202220232024 $38.2M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 565 $38M
2023 1 581 $48M
2024 1 693 N/A

Nearby 401(k) Plans in Minnesota

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

Carousel Motor Group 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Carousel Motor Group 401(k) Savings Plan, Total assets ($B): 0.048130787 · Participants: 581Carousel Motor Group 401(k) Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Carousel Motor Group 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Carousel Motor Group 401(k) Savings Plan side-by-side with 3 peers →

Carousel Motor Group 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Rex-Hide Industries, Inc. Profit Sharing Plan in TX ($48M); by covered participants it is Schmidbauer Lumber Sawmills 401(k) Plan in CA (581 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (581 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 Carousel Motor Group 401(k) Savings Plan assets move in 2023? ▼
Carousel Motor Group 401(k) Savings Plan grew sharply - up 25.9% during 2023, from $38M to $48M. Reported net income was $10M.
Where does Carousel Motor Group 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Carousel Motor Group 401(k) Savings Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Carousel Motor Group 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rex-Hide Industries, Inc. Profit Sharing Plan in TX ($48M, 225 participants).
Which 401(k) plans cover a similar participant headcount to Carousel Motor Group 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Schmidbauer Lumber Sawmills 401(k) Plan in CA (581 participants, $66M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 261871075.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.