401(k) · DOL Form 5500 · 2023
Hendrick Automotive Group, LLC 401(k) Plan
Data updated 2026-08-11
- $657M
- Total assets
- 8,476
- Participants
- 98th
- Percentile by assets
- $77,565
- Avg per participant
Official DOL plan name: Hendrick Automotive Group 401(k) Plan · Sponsored by Hendrick Automotive Group, LLC · North Carolina · Retail Trade
$657M in assets, 8,476 participants
Hendrick Automotive Group, LLC's Hendrick Automotive Group 401(k) Plan reported $657M in total assets and 8,476 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #8,299 in Retail Trade (8,414 peers)
Coverage in North Carolina
Hendrick Automotive Group 401(k) Plan covers 8,476 participants in North Carolina, 10x the typical North Carolina plan (state average ~819 per filing). Assets: $657M.
- $657M
- total plan assets (2023 EOY)
- 8,476
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $77,565
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Hendrick Automotive Group 401(k) Plan reported net income rose from -$70M in the plan year 2022 filing to $127M in the plan year 2023 filing.
- Hendrick Automotive Group 401(k) Plan end-of-year assets rose from $531M in the plan year 2022 filing to $657M in the plan year 2023 filing.
- Hendrick Automotive Group 401(k) Plan reported participants rose from 8,409 in the plan year 2022 filing to 8,476 in the plan year 2023 filing.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Hendrick Automotive Group 401(k) Plan reports 8,476 participants - 10x that state average ($657M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $531M |
|---|---|
| Net Assets (End of Year) | $657M |
| Net Income | $127M |
| Employer EIN | 561794980 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hendrick Automotive Group, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,409 | $531M |
| 2023 | 1 | 8,476 | $657M |
| 2024 | 1 | 9,187 | $757M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Hendrick Automotive Group 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Scale composition for Hendrick Automotive Group 401(k) Plan
Hendrick Automotive Group 401(k) Plan reports $657M in end-of-year assets across 8,476 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $77,565 per participant (56% of the national average assets-per-participant) . Net income for plan year 2023 was $127M.
This plan identity (EIN 561794980, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $531M to $757M (+42.5%) while covered participants moved from 8,409 to 9,187 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,409 | $531M | Open filing |
| 2023 | 8,476 | $657M | This page |
| 2024 · index core | 9,187 | $757M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Hendrick Automotive Group 401(k) Plan (401(k), $757M, 9,187 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Hendrick Automotive Group 401(k) Plan by total assets, not by location.
- Barnes & Thornburg LLP Profit Sharing Plan (IN) $658M · 1,335
- Vestis Retirement Savings Plan (GA) $657M · 11,426
- Echostar 401(k) Plan (CO) $658M · 1,697
- Informa USA, Inc. 401(k) Plan (NY) $658M · 2,994
Frequently Asked Questions
How did Hendrick Automotive Group 401(k) Plan assets move in 2023? ▼
How have Hendrick Automotive Group, LLC plan assets changed over time? ▼
Where does Hendrick Automotive Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Hendrick Automotive Group 401(k) Plan? ▼
Next read for Hendrick Automotive Group 401(k) Plan
Filing takeaways
Ways to act on Hendrick Automotive Group 401(k) Plan's numbers.
- By total assets, Hendrick Automotive Group 401(k) 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 North Carolina. Compare plans
- Hendrick Automotive Group, LLC's sponsor-wide assets have grown 42.5% since 2022 across 3 plan years on file. More Retail Trade plans