401(k) · DOL Form 5500 · 2023
Hendrick Automotive Group, LLC 401(k) Plan
Data updated 2026-08-25
- $657M
- Total assets Above avg plan size
- 8,476
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $77,565
- Avg per participant Below avg balance/head
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.
- #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.
- #8,299
- in Retail Trade (8,414 peers)
- +23.8%
- assets growth YoY
- 6.6×
- vs typical plan assets (national mean)
Hendrick Automotive Group 401(k) Plan's outsized position by total assets
Hendrick Automotive Group 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$657,444,684 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Hendrick Automotive Group 401(k) 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. Hendrick Automotive Group 401(k) Plan lands in the large band (8,476 participants).
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.
Plan-year Form 5500 strip
Filing strip 561794980 · Hendrick Automotive Group, LLC PY 2023 · 401(k)
Hendrick Automotive Group 401(k) Plan · $657M · 8,476 · 98th
- RANK $657M
- PHOTO 8,476
- IND 98th
- EOY 401(k)
- 5500 near Barnes & Thornburg LLP Profit Sharing Plan
- ASSETS ind #8299
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 →
Hendrick Automotive Group 401(k) Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Hendrick Automotive Group, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $757M 42.50881660781652% vs 2022
- 2024 filing year
| 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.
- 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)
Hendrick Automotive Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Barnes & Thornburg LLP Profit Sharing Plan in IN ($658M); by covered participants it is Monro, Inc. 401(k) Plan in NY (8,479 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($657M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (8,476 participants); asset peers above are excluded.
- Monro, Inc. 401(k) Plan (NY) 8,479 · 3 off
- Teamsters Tforce Freight 401(k) Plan (VA) 8,473 · 3 off
- Teamsters Tforce Freight 401(k) Plan (VA) 8,473 · 3 off
- Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Savings Plan (CT) 8,467 · 9 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.