Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

HYUNDAI MOTOR AMERICA PENSION PLAN

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

HYUNDAI MOTOR AMERICA

This Defined Benefit (Pension) plan holds $218M in total assets and serves 317 participants as of 2023. It is sponsored by HYUNDAI MOTOR AMERICA in California. The plan reported positive net income of $21M for the year.

Total Assets (2023)
$218M
Participants
317
State
Industry
Wholesale Trade

What the Filing Says About HYUNDAI MOTOR AMERICA PENSION PLAN

HYUNDAI MOTOR AMERICA PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by HYUNDAI MOTOR AMERICA, headquartered in California. As of the 2023 Form 5500 filing, the plan reports $218M in total end-of-year assets and covers 317 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 330098815, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $197M at the beginning of 2023 to $218M at year-end — a gain of 10.9%. Net assets (after liabilities) closed the year at $218M, with reported net income of $21M 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)$197M
Total Assets (End of Year)$218M
Net Assets (End of Year)$218M
Net Income$21M
Plan TypeDefined Benefit (Pension)
Employer EIN330098815
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HYUNDAI MOTOR AMERICA)

Year Plans Participants Total Assets
2022 2 1,203 $429M
2023 2 1,292 $511M
2024 2 1,420 $585M

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the HYUNDAI MOTOR AMERICA PENSION PLAN?
As of the 2023 Form 5500 filing, HYUNDAI MOTOR AMERICA PENSION PLAN holds $218M in total assets with 317 participants. It is sponsored by HYUNDAI MOTOR AMERICA.
What type of plan is HYUNDAI MOTOR AMERICA PENSION PLAN?
HYUNDAI MOTOR AMERICA PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 330098815.
Who sponsors the HYUNDAI MOTOR AMERICA PENSION PLAN?
HYUNDAI MOTOR AMERICA PENSION PLAN is sponsored by HYUNDAI MOTOR AMERICA, located in California. The sponsor's EIN is 330098815 and the plan operates in the Wholesale Trade industry.
How did HYUNDAI MOTOR AMERICA PENSION PLAN perform in 2023?
HYUNDAI MOTOR AMERICA PENSION PLAN grew by 10.9% during 2023, moving from $197M to $218M in total assets. Net income was $21M.
Where can I find official filings for HYUNDAI MOTOR AMERICA PENSION PLAN?
Official Form 5500 filings for HYUNDAI MOTOR AMERICA PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 330098815 or plan name at efast.dol.gov.
How does HYUNDAI MOTOR AMERICA PENSION PLAN compare to other plans?
You can compare HYUNDAI MOTOR AMERICA PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in California 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 330098815.

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 official public datasets. See our methodology for details.