401(k) · DOL Form 5500 · 2023

Scharmach Enterprises, Inc. Dba Bmw Northwest 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
169
Participants Small participant base
61st
Percentile by assets National rank
$65,111
Avg per participant Low balance/head
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Official DOL plan name: Bmw Northwest 401(k) Plan · Sponsored by Scharmach Enterprises, Inc. Dba Bmw Northwest · Washington · Retail Trade

$11M in assets, 169 participants

Scharmach Enterprises, Inc. Dba Bmw Northwest's Bmw Northwest 401(k) Plan reported $11M in total assets and 169 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #6,023 in Retail Trade (8,414 peers)

Coverage in Washington

Bmw Northwest 401(k) Plan covers 169 participants in Washington, about 11% of the average Washington filer (state average ~1,476 per filing). Assets: $11M.

#6,023
in Retail Trade (8,414 peers)
+14.9%
assets growth YoY

Bmw Northwest 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Bmw Northwest 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$11,003,797 Top 39% higher than 61% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Bmw Northwest 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bmw Northwest 401(k) Plan sits mid-pack in the medium band (169 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bmw Northwest 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Bmw Northwest 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Bmw Northwest 401(k) Plan reported participants fell from 173 in the plan year 2022 filing to 169 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 910956779 · Scharmach Enterprises, Inc. Dba Bmw Northwest PY 2023 · 401(k)

Bmw Northwest 401(k) Plan · $11M · 169 · 61st

  • 5500 $11M
  • ASSETS 169
  • PCT 61st
  • EIN 401(k)
  • RANK near Taylor Steel Inc. 401(k) Retirement Savings Plan
  • PHOTO ind #6023

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 Washington →

Bmw Northwest 401(k) Plan in the asset neighbourhood

Bmw Northwest 401(k) Plan$11MTaylor Steel Inc. 401(k) Retirement Savings PlanTaylor Steel Inc. 401(k) Ret…$11MForth's Foods, Inc. 401(k) PlanForth's Foods, Inc. 401(k) P…$11MRah Ventures Retirement Plan$11MReaveley Engineers & Associates, Inc. 401(k) Profit Sharing PlanReaveley Engineers & Associa…$11M
End-of-year total assets ($M) among Bmw Northwest 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN910956779
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scharmach Enterprises, Inc. Dba Bmw Northwest)

Sponsor-wide plan assets over time

All Scharmach Enterprises, Inc. Dba Bmw Northwest plans reported in each filing year

Latest sponsor-wide plan assets
$13M 36.91860109821635% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.57M $13.1M ▲ +37.0%
Year Plans Participants Total Assets
2022 1 173 $10M
2023 1 169 $11M
2024 1 164 $13M

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bmw Northwest 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Bmw Northwest 401(k) Plan, Total assets ($B): 0.011003797 · Participants: 169Bmw Northwest 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Bmw Northwest 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Bmw Northwest 401(k) Plan side-by-side with 3 peers →

Bmw Northwest 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Taylor Steel Inc. 401(k) Retirement Savings Plan in OH ($11M); by covered participants it is Baker Roofing Company 401(k) Profit Sharing Plan in NC (169 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (169 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bmw Northwest 401(k) Plan assets move in 2023? ▼
Bmw Northwest 401(k) Plan grew at a solid clip - up 14.9% during 2023, from $10M to $11M. Reported net income was $1M.
How have Scharmach Enterprises, Inc. Dba Bmw Northwest plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scharmach Enterprises, Inc. Dba Bmw Northwest's sponsor-wide assets grew 36.9%, from $10M to $13M.
Which 401(k) plans are similar in size to Bmw Northwest 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Taylor Steel Inc. 401(k) Retirement Savings Plan in OH ($11M, 71 participants).
Which 401(k) plans cover a similar participant headcount to Bmw Northwest 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Baker Roofing Company 401(k) Profit Sharing Plan in NC (169 participants, N/A in assets).

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 910956779.

Read our methodology - how this data is sourced, computed, and verified.

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