Profit Sharing · DOL Form 5500 · 2023

Boggs Automotive Inc. Profit Sharing Plan

Data updated 2026-08-25

$480K
Total assets Small plan by assets
6
Participants Small participant base
18th
Percentile by assets National rank
$80,000
Avg per participant Below avg balance/head
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Official DOL plan name: Boggs Automotive Inc. Retirement Plan · Sponsored by Boggs Automotive Inc. · Michigan · Retail Trade

$480K in assets, 6 participants

Boggs Automotive Inc.'s Boggs Automotive Inc. Retirement Plan reported $480K in total assets and 6 participants in its 2023 DOL Form 5500 filing, ranking in the 18th 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.

  • #2,377 in Retail Trade (8,414 peers)

Boggs Automotive Inc. multi-year trail

Boggs Automotive Inc.'s plans moved -35.7% in assets from 2022 to 2024; this filing shows Boggs Automotive Inc. Retirement Plan at $480K / 6 participants.

#2,377
in Retail Trade (8,414 peers)
-19.6%
assets change YoY

The plan reported a net loss of $117K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Boggs Automotive Inc. Retirement Plan among the smaller filed plans by assets

Boggs Automotive Inc. Retirement Plan vs every filed plan by assets

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

$480,000 18th percentile higher than 18% 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

Boggs Automotive Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Boggs Automotive Inc. Retirement Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Boggs Automotive Inc. Retirement Plan reported net income fell from -$78K in the plan year 2022 filing to -$117K in the plan year 2023 filing.
  • Boggs Automotive Inc. Retirement Plan end-of-year assets fell from $597K in the plan year 2022 filing to $480K in the plan year 2023 filing.
  • Boggs Automotive Inc. Retirement Plan reported participants fell from 7 in the plan year 2022 filing to 6 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 473815901 · Boggs Automotive Inc. PY 2023 · Profit Sharing

Boggs Automotive Inc. Retirement Plan · $480K · 6 · 18th

  • 5500 $480K
  • 5500 6
  • 5500 18th
  • 5500 Profit Sharing
  • 5500 near Rock Solid Life Corporation Retirement Plan
  • 5500 ind #2377

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 Michigan →

Boggs Automotive Inc. Retirement Plan in the asset neighbourhood

Boggs Automotive Inc. Retirement PlanBoggs Automotive Inc. Retire…$480KRock Solid Life Corporation Retirement PlanRock Solid Life Corporation …$480KMoonlighter Group, Inc. Retirement PlanMoonlighter Group, Inc. Reti…$480KMadison Restoration Group Inc. Retirement PlanMadison Restoration Group In…$480KFinish Line Interiors, Inc. Profit Sharing PlanFinish Line Interiors, Inc. …$480K
End-of-year total assets ($M) among Boggs Automotive Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Boggs Automotive Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Boggs Automotive Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$384K 35.678391959798994% vs 2022
2024 filing year
$0.3M$0.4M$0.5M$0.6M$0.7M 202220232024 $0.6M $0.38M ▼ -36.7%
Year Plans Participants Total Assets
2022 1 7 $597K
2023 1 6 $480K
2024 1 2 $384K

Boggs Automotive Inc. filing trail (2023)

Total Assets (Beginning of Year)$597K
Net Assets (End of Year)$480K
Net Income-$117K
Employer EIN473815901
Plan Effective Date2015-04-24
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Boggs Automotive Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Boggs Automotive Inc. Retirement Plan, Total assets ($B): 0.00048 · Participants: 6Boggs Automotive Inc. Retirement PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.723538402 · Participants: 14349Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.564072893 · Participants: 10685Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.409857897 · Participants: 9314Ohio Carpenters' Annuity PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.288437417 · Participants: 1404Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.213370381 · Participants: 2389NECA-IBEW Memphis Retirement Plan
Boggs Automotive Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Boggs Automotive Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Rock Solid Life Corporation Retirement Plan in AL ($480K); by covered participants it is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Boggs Automotive Inc. Retirement Plan assets move in 2023? ▼
Boggs Automotive Inc. Retirement Plan declined sharply - down 19.6% during 2023, from $597K to $480K. Reported net income was -$117K.
How have Boggs Automotive Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Boggs Automotive Inc.'s sponsor-wide assets declined 35.7%, from $597K to $384K.
Where does Boggs Automotive Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Boggs Automotive Inc. Retirement Plan ranks in the 18th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Boggs Automotive Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Rock Solid Life Corporation Retirement Plan in AL ($480K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Boggs Automotive Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (6 participants, $231K in assets).