401(k) · DOL Form 5500 · 2023
Bmw of North America, LLC 401(k) Plan
Data updated 2026-08-06
- $2.0B
- Total assets
- 12,280
- Participants
- 99th
- Percentile by assets
- $163,106
- Avg per participant
Official DOL plan name: Bmw Savings Plan · Sponsored by Bmw of North America, LLC · New Jersey · Wholesale Trade
$2.0B in assets, 12,280 participants
Bmw of North America, LLC's Bmw Savings Plan reported $2.0B in total assets and 12,280 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 126,618 plans)
- #6,269 in Wholesale Trade (6,291 peers)
Coverage in New Jersey
Bmw Savings Plan covers 12,280 participants in New Jersey, 14x the typical New Jersey plan (state average ~865 per filing). Assets: $2.0B.
- $2.0B
- total plan assets (2023 EOY)
- 12,280
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $163,106
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Bmw Savings Plan reported net income rose from -$299M in the plan year 2022 filing to $357M in the plan year 2023 filing.
- Bmw Savings Plan end-of-year assets rose from $1.6B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.
- Bmw Savings Plan reported participants rose from 11,695 in the plan year 2022 filing to 12,280 in the plan year 2023 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 865 participants across 3,927 plans. Bmw Savings Plan reports 12,280 participants - 14x that state average ($2.0B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | $357M |
| Employer EIN | 222139469 |
| Plan Effective Date | 1983-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bmw of North America, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 13,194 | $2.3B |
| 2023 | 2 | 13,722 | $2.7B |
| 2024 | 2 | 14,315 | $3.0B |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Bmw Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
Scale composition for Bmw Savings Plan
Bmw Savings Plan reports $2.0B in end-of-year assets across 12,280 participants (0.017% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 covered participants) - about $163,106 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $357M.
This plan identity (EIN 222139469, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $2.3B (+42.0%) while covered participants moved from 11,695 to 12,934 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,695 | $1.6B | Open filing |
| 2023 | 12,280 | $2.0B | This page |
| 2024 · index core | 12,934 | $2.3B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Bmw Savings Plan (401(k), $2.3B, 12,934 participants)
- 2019 Bmw Pension Plan (Defined Benefit (Pension), $693M, 1,381 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Bmw Savings Plan by total assets, not by location.
- American Family 401(k) Plan (WI) $2.0B · 13,277
- Workday, Inc. 401(k) Plan (CA) $2.0B · 11,805
- Commscope, Inc. Retirement Savings Plan (NC) $2.0B · 6,109
- Kellogg Brown & Root, Inc. Retirement and Savings Plan (TX) $2.0B · 3,646
Frequently Asked Questions
How did Bmw Savings Plan assets move in 2023? ▼
How have Bmw of North America, LLC plan assets changed over time? ▼
Where does Bmw Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Bmw Savings Plan? ▼
Next read for Bmw Savings Plan
Filing takeaways
Ways to act on Bmw Savings Plan's numbers.
- By total assets, Bmw Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Bmw of North America, LLC's sponsor-wide assets have grown 29.4% since 2022 across 3 plan years on file. More Wholesale Trade plans