401(k) · DOL Form 5500 · 2023

Ganam Group LLC Dba Ride Now Motors 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
18
Participants Small participant base
33rd
Percentile by assets National rank
$140,787
Avg per participant Near avg balance/head
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Official DOL plan name: Ride Now Motors 401(k) Plan · Sponsored by Ganam Group LLC Dba Ride Now Motors · North Carolina · Retail Trade

$3M in assets, 18 participants

Ganam Group LLC Dba Ride Now Motors's Ride Now Motors 401(k) Plan reported $3M in total assets and 18 participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.

  • #3,793 in Retail Trade (8,414 peers)

Ganam Group LLC Dba Ride Now Motors multi-year trail

Ganam Group LLC Dba Ride Now Motors's plans moved +22.6% in assets from 2022 to 2023; this filing shows Ride Now Motors 401(k) Plan at $3M / 18 participants.

#3,793
in Retail Trade (8,414 peers)
+22.6%
assets growth YoY

Ride Now Motors 401(k) Plan among the smaller filed plans by assets

Ride Now Motors 401(k) Plan vs every filed plan by assets

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

$2,534,165 33rd percentile higher than 33% 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

Ride Now Motors 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ride Now Motors 401(k) Plan is a small filing (18 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ride Now Motors 401(k) Plan reported net income rose from -$72K in the plan year 2022 filing to $467K in the plan year 2023 filing.
  • Ride Now Motors 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Ride Now Motors 401(k) Plan reported participants fell from 19 in the plan year 2022 filing to 18 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 452852024 · Ganam Group LLC Dba Ride Now Motors PY 2023 · 401(k)

Ride Now Motors 401(k) Plan · $3M · 18 · 33rd

  • RANK $3M
  • PHOTO 18
  • IND 33rd
  • EOY 401(k)
  • 5500 near Subcon, Inc. 401(k) Profit Sharing Plan
  • ASSETS ind #3793

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 →

Ride Now Motors 401(k) Plan in the asset neighbourhood

Ride Now Motors 401(k) Plan$3MSubcon, Inc. 401(k) Profit Sharing PlanSubcon, Inc. 401(k) Profit S…$3MFusion Family Wealth, LLC 401(k) Profit Sharing PlanFusion Family Wealth, LLC 40…$3MDewberry Hospitality Group LLC 401(k) Retirement PlanDewberry Hospitality Group L…$3MSage Health Care PLLC 401(k) Profit Sharing PlanSage Health Care PLLC 401(k)…$3M
End-of-year total assets ($M) among Ride Now Motors 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ganam Group LLC Dba Ride Now Motors multi-year asset trail

Sponsor-wide plan assets over time

All Ganam Group LLC Dba Ride Now Motors plans reported in each filing year

Latest sponsor-wide plan assets
$3M 22.614756358956246% vs 2022
2023 filing year
$2M$2.2M$2.4M$2.6M 20222023 $2.07M $2.53M ▲ +22.2%
Year Plans Participants Total Assets
2022 1 19 $2M
2023 1 18 $3M

Ganam Group LLC Dba Ride Now Motors filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$467K
Employer EIN452852024
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Ride Now Motors 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Ride Now Motors 401(k) Plan, Total assets ($B): 0.002534165 · Participants: 18Ride Now Motors 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
Ride Now Motors 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Ride Now Motors 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Subcon, Inc. 401(k) Profit Sharing Plan in CT ($3M); by covered participants it is Mod-Electronics, Inc. Profit Sharing Plan 401(k) and Trust in CA (18 participants). Same-state nearby plans are listed separately above.

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 Ride Now Motors 401(k) Plan assets move in 2023?
Ride Now Motors 401(k) Plan grew sharply - up 22.6% during 2023, from $2M to $3M. Reported net income was $467K.
How have Ganam Group LLC Dba Ride Now Motors plan assets changed over time?
Across 2 plan years on file (2022-2023), Ganam Group LLC Dba Ride Now Motors's sponsor-wide assets grew 22.6%, from $2M to $3M.
Which 401(k) plans are similar in size to Ride Now Motors 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Subcon, Inc. 401(k) Profit Sharing Plan in CT ($3M, 7 participants).
Which 401(k) plans cover a similar participant headcount to Ride Now Motors 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Mod-Electronics, Inc. Profit Sharing Plan 401(k) and Trust in CA (18 participants, $3M in assets).