401(k) · DOL Form 5500 · 2023

Openlane, Inc. 401(k) Plan

Data updated 2026-08-25

$298M
Total assets Near avg plan size
2,143
Participants Near avg headcount
96th
Percentile by assets National rank
$138,838
Avg per participant Near avg balance/head
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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.

  • #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.

#6,135
in Wholesale Trade (6,309 peers)
+13.3%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Openlane, Inc. Plan's outsized position by total assets

Openlane, Inc. Plan vs every filed plan by assets

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

$297,528,767 Top 4% higher than 96% 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

Openlane, Inc. Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Openlane, Inc. Plan lands in the large band (2,143 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 208744739 · Openlane, Inc. PY 2023 · 401(k)

Openlane, Inc. Plan · $298M · 2,143 · 96th

  • 5500 $298M
  • ASSETS 2,143
  • PCT 96th
  • EIN 401(k)
  • RANK near Asm Global Retirement & Savings Plan
  • PHOTO ind #6135

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 Wholesale Trade retirement plans → · Plans in Indiana →

Openlane, Inc. Plan in the asset neighbourhood

National Life Group 401(k) PlanNational Life Group 401(k) P…$298MOpenlane, Inc. Plan$298MAsm Global Retirement & Savings PlanAsm Global Retirement & Savi…$297MThe United States Pharmacopeial Convention 401(k) Savings PlanThe United States Pharmacope…$297MMeriter 401(k) Plan$297M
End-of-year total assets ($M) among Openlane, Inc. Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$263M
Net Assets (End of Year)$298M
Net Income$35M
Employer EIN208744739
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Openlane, Inc.)

Sponsor-wide plan assets over time

All Openlane, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$315M 19.825324376945098% vs 2022
2024 filing year
$240M$260M$280M$300M$320M 202220232024 $263M $315M ▲ +19.8%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Openlane, Inc. Plan, Total assets ($B): 0.297528767 · Participants: 2143Openlane, Inc. PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Openlane, Inc. Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Openlane, Inc. Plan side-by-side with 3 peers →

Openlane, Inc. Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Asm Global Retirement & Savings Plan in PA ($297M); by covered participants it is Southland Holdings, LLC 401(k) Profit Sharing Plan in TX (2,143 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($298M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,143 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 Openlane, Inc. Plan assets move in 2023? ▼
Openlane, Inc. Plan grew at a solid clip - up 13.3% during 2023, from $263M to $298M. Reported net income was $35M.
How have Openlane, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Openlane, Inc.'s sponsor-wide assets grew 19.8%, from $263M to $315M.
Where does Openlane, Inc. Plan rank by assets among Form 5500 filers? ▼
Openlane, Inc. Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Openlane, Inc. Plan? ▼
Among 401(k) plans in other states, the closest by assets is Asm Global Retirement & Savings Plan in PA ($297M, 7,718 participants).
Which 401(k) plans cover a similar participant headcount to Openlane, Inc. Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southland Holdings, LLC 401(k) Profit Sharing Plan in TX (2,143 participants, $79M 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 208744739.

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.