401(k)
2023 plan-year 401(k) DOL Form 5500

Hendrick Automotive Group 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Hendrick Automotive Group, LLC · North Carolina · Retail Trade

What the 2023 filing shows

Hendrick Automotive Group 401(k) Plan holds $657M for 8,476 participants — about $77,565 per participant, up 23.8% over the 2023 plan year.

$657M
total plan assets (2023 EOY)
8,476
covered participants
$77,565
avg assets per participant
+23.8%
assets growth YoY
Total Assets (2023)
$657M
Participants
8,476
Industry
Retail Trade

What the Filing Says About Hendrick Automotive Group 401(k) Plan

Hendrick Automotive Group 401(k) Plan is a 401(k) retirement plan sponsored by Hendrick Automotive Group, LLC, headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $657M in total end-of-year assets and covers 8,476 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 561794980, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $531M at the beginning of 2023 to $657M at year-end — a gain of 23.8%. Net assets (after liabilities) closed the year at $657M, with reported net income of $127M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$531M
Total Assets (End of Year)$657M
Net Assets (End of Year)$657M
Net Income$127M
Plan Type401(k)
Employer EIN561794980
Plan Effective Date1992-01-01
Filing StatusFILING 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

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Frequently Asked Questions

How much money is in the Hendrick Automotive Group 401(k) Plan?
As of the 2023 Form 5500 filing, Hendrick Automotive Group 401(k) Plan holds $657M in total assets with 8,476 participants. It is sponsored by Hendrick Automotive Group, LLC.
What type of plan is Hendrick Automotive Group 401(k) Plan?
Hendrick Automotive Group 401(k) Plan is a 401(k) plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 561794980.
Who sponsors the Hendrick Automotive Group 401(k) Plan?
Hendrick Automotive Group 401(k) Plan is sponsored by Hendrick Automotive Group, LLC, located in North Carolina. The sponsor's EIN is 561794980 and the plan operates in the Retail Trade industry.
How did Hendrick Automotive Group 401(k) Plan perform in 2023?
Hendrick Automotive Group 401(k) Plan grew by 23.8% during 2023, moving from $531M to $657M in total assets. Net income was $127M.
Where can I find official filings for Hendrick Automotive Group 401(k) Plan?
Official Form 5500 filings for Hendrick Automotive Group 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561794980 or plan name at efast.dol.gov.
How does Hendrick Automotive Group 401(k) Plan compare to other plans?
You can compare Hendrick Automotive Group 401(k) Plan against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 561794980.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.