401(k) · DOL Form 5500 · 2023

Preston Ford, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets: 651
Participants Below avg headcount: 56th
Percentile by assets National rank: $13,695
Avg per participant Low balance/head

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Official DOL plan name: Preston Automotive Group 401(k) Plan · Sponsored by Preston Ford, Inc. · Maryland · Retail Trade

$9M in assets, 651 participants

Preston Ford, Inc.'s Preston Automotive Group 401(k) Plan reported $9M in total assets and 651 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

#5,607 in Retail Trade (8,414 peers)

2023 asset change

Preston Automotive Group 401(k) Plan surged 41.0% in 2023 ($6M → $9M) for 651 participants.

#5,607
in Retail Trade (8,414 peers): +41.0%
assets growth YoY

Preston Automotive Group 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Preston Automotive Group 401(k) Plan vs every filed plan by assets

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

$8,915,607 Top 44% higher than 56% of 127,068 filed plans

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

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

Preston Automotive Group 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. Preston Automotive Group 401(k) Plan sits mid-pack in the medium band (651 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Preston Automotive Group 401(k) Plan reported net income rose from $617K in the plan year 2022 filing to $3M in the plan year 2023 filing.
Preston Automotive Group 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $9M in the plan year 2023 filing.
Preston Automotive Group 401(k) Plan reported participants rose from 534 in the plan year 2022 filing to 651 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 521042895 · Preston Ford, Inc. PY 2023 · 401(k)

Preston Automotive Group 401(k) Plan · $9M · 651 · 56th

SCH $9M
SCH 651
SCH 56th
SCH 401(k)
SCH near Summerwood Corporation 401(k) Plan
SCH ind #5607

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 Maryland →

End-of-year total assets ($M) among Preston Automotive Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Preston Ford, Inc. years around the 2023 move

Latest sponsor-wide plan assets: N/A; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	534	$6M
2023	1	651	$9M
2024	1	664	N/A

2023 asset-move particulars

Total Assets (Beginning of Year)	$6M
Net Assets (End of Year)	$9M
Net Income	$3M
Employer EIN	521042895
Plan Effective Date	1993-02-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Maryland

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

Preston Automotive Group 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Lockheed Martin Corporation Salaried Savings Plan $47.3B · 91,511
Marriott Retirement Savings Plan $10.2B · 96,415
T. Rowe Price U.S. Retirement Program $4.4B · 6,292
Nfl Player Second Career Savings Plan $4.0B · 2,767
Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $2.2B · 80,121

Compare Preston Automotive Group 401(k) Plan side-by-side with 3 peers →

Preston Automotive Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Summerwood Corporation 401(k) Plan in PA ($9M); by covered participants it is Weinstein Properties Employees' 401(k) Plan in VA (651 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Summerwood Corporation 401(k) Plan (PA) $9M · 2,559
Mikros Engineering Profit Sharing 401(k) Plan (MN) $9M · 148
403(b) Thrift Plan for Employees of San Diego Youth Services (CA) $9M · 257
Sbs Creatix LLC 401(k) Retirement Plan (MO) $9M · 79

Similar participant headcount

Nearest other-state filings by covered participants (651 participants); asset peers above are excluded.

Weinstein Properties Employees' 401(k) Plan (VA) 651 · 0 off
Cardinal Health 401(k) Savings Plan for Employees of Puerto Rico (OH) 651 · 0 off
Allegro Microsystems, LLC Employees' Retirement Savings Plan (NH) 651 · 0 off
Integrated Dermatology, LLC 401(k) Profit Sharing Plan & Tru (FL) 651 · 0 off

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 Preston Automotive Group 401(k) Plan assets move in 2023? ▼

Preston Automotive Group 401(k) Plan surged - up 41.0% during 2023, from $6M to $9M. Reported net income was $3M.

Which 401(k) plans are similar in size to Preston Automotive Group 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Summerwood Corporation 401(k) Plan in PA ($9M, 2,559 participants).

Which 401(k) plans cover a similar participant headcount to Preston Automotive Group 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Weinstein Properties Employees' 401(k) Plan in VA (651 participants, $13M 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 521042895.