401(k) · DOL Form 5500 · 2023
Openlane, Inc. 401(k) Plan
Data updated 2026-08-11
- $298M
- Total assets
- 2,143
- Participants
- 96th
- Percentile by assets
- $138,838
- Avg per participant
Official DOL plan name: Openlane, Inc. Plan · Sponsored by Openlane, Inc. · Indiana · Wholesale Trade
$298M in assets, 2,143 participants
Openlane, Inc.'s Openlane, Inc. Plan reported $298M in total assets and 2,143 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #6,135 in Wholesale Trade (6,309 peers)
Coverage in Indiana
Openlane, Inc. Plan covers 2,143 participants in Indiana, 4.0x the typical Indiana plan (state average ~541 per filing). Assets: $298M.
- $298M
- total plan assets (2023 EOY)
- 2,143
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $138,838
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Openlane, Inc. Plan reported net income rose from -$189M in the plan year 2022 filing to $35M in the plan year 2023 filing.
- Openlane, Inc. Plan reported participants fell from 6,996 in the plan year 2022 filing to 2,143 in the plan year 2023 filing.
- Openlane, Inc. Plan end-of-year assets rose from $263M in the plan year 2022 filing to $298M in the plan year 2023 filing.
Participants vs Indiana filers
In Indiana, the average filing covers about 541 participants across 2,302 plans. Openlane, Inc. Plan reports 2,143 participants - 4.0x that state average ($298M EOY assets).
Indiana filing particulars
| Total Assets (Beginning of Year) | $263M |
|---|---|
| Net Assets (End of Year) | $298M |
| Net Income | $35M |
| Employer EIN | 208744739 |
| Plan Effective Date | 1991-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Openlane, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,996 | $263M |
| 2023 | 1 | 2,143 | $298M |
| 2024 | 1 | 2,035 | $315M |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Openlane, Inc. Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
- The Lilly Employee 401(k) Plan $11.1B · 17,583
- Elevance Health 401(k) Plan $11.0B · 76,590
- Cummins Retirement and Savings Plan $5.7B · 28,381
- Iu Health 401(k) Savings Plan $3.9B · 38,575
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Openlane, Inc. Plan by total assets, not by location.
- Asm Global Retirement & Savings Plan (PA) $297M · 7,718
- National Life Group 401(k) Plan (VT) $298M · 1,219
- The United States Pharmacopeial Convention 401(k) Savings Plan (MD) $297M · 837
- Meriter 401(k) Plan (WI) $297M · 3,146
Frequently Asked Questions
How did Openlane, Inc. Plan assets move in 2023? ▼
How have Openlane, Inc. plan assets changed over time? ▼
Where does Openlane, Inc. Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Openlane, Inc. Plan? ▼
Next read for Openlane, Inc. Plan
Filing takeaways
Ways to act on Openlane, Inc. Plan's numbers.
- By total assets, Openlane, Inc. Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
- Openlane, Inc.'s sponsor-wide assets have grown 19.8% since 2022 across 3 plan years on file. More Wholesale Trade plans