401(k) · DOL Form 5500 · 2023

Southgate Automotive, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
107
Participants Small participant base
65th
Percentile by assets National rank
$126,258
Avg per participant Near avg balance/head
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Official DOL plan name: Southgate Automotive, Inc. 401(k) Plan & Trust · Sponsored by Southgate Automotive, Inc. · Michigan · Retail Trade

$14M in assets, 107 participants

Southgate Automotive, Inc.'s Southgate Automotive, Inc. 401(k) Plan & Trust reported $14M in total assets and 107 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #6,385 in Retail Trade (8,414 peers)

Coverage in Michigan

Southgate Automotive, Inc. 401(k) Plan & Trust covers 107 participants in Michigan, about 17% of the average Michigan filer (state average ~638 per filing). Assets: $14M.

#6,385
in Retail Trade (8,414 peers)
+15.4%
assets growth YoY

Southgate Automotive, Inc. 401(k) Plan & Trust's mid-pack asset rank among Retail Trade and all filers

Southgate Automotive, Inc. 401(k) Plan & Trust vs every filed plan by assets

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

$13,509,641 Top 35% higher than 65% 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

Southgate Automotive, Inc. 401(k) Plan & Trust 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. Southgate Automotive, Inc. 401(k) Plan & Trust sits mid-pack in the medium band (107 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southgate Automotive, Inc. 401(k) Plan & Trust reported net income rose from -$7M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Southgate Automotive, Inc. 401(k) Plan & Trust end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Southgate Automotive, Inc. 401(k) Plan & Trust reported participants fell from 109 in the plan year 2022 filing to 107 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 382452677 · Southgate Automotive, Inc. PY 2023 · 401(k)

Southgate Automotive, Inc. 401(k) Plan & Trust · $14M · 107 · 65th

  • PHOTO $14M
  • IND 107
  • EOY 65th
  • 5500 401(k)
  • ASSETS near The Quintin Little Company, Inc. Savings and Retirement Plan
  • PCT ind #6385

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 Michigan →

Southgate Automotive, Inc. 401(k) Plan & Trust in the asset neighbourhood

Southgate Automotive, Inc. 401(k) Plan & TrustSouthgate Automotive, Inc. 4…$14MThe Quintin Little Company, Inc. Savings and Retirement PlanThe Quintin Little Company, …$14MEpic Pharma LLC 401(k) Plan$14MIndustrial Supply Company, Inc. 401(k) PlanIndustrial Supply Company, I…$14MFront 401(k) Plan$14M
End-of-year total assets ($M) among Southgate Automotive, Inc. 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN382452677
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southgate Automotive, Inc.)

Sponsor-wide plan assets over time

All Southgate Automotive, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 35.45282916071104% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.7M $15.9M ▲ +35.4%
Year Plans Participants Total Assets
2022 1 109 $12M
2023 1 107 $14M
2024 1 104 $16M

Nearby 401(k) Plans in Michigan

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

Southgate Automotive, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Southgate Automotive, Inc. 401(k) Plan & Trust, Total assets ($B): 0.013509641 · Participants: 107Southgate Automotive, Inc. 401(k) Plan & TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Southgate Automotive, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Southgate Automotive, Inc. 401(k) Plan & Trust side-by-side with 3 peers →

Southgate Automotive, Inc. 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is The Quintin Little Company, Inc. Savings and Retirement Plan in OK ($14M); by covered participants it is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (107 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 Southgate Automotive, Inc. 401(k) Plan & Trust assets move in 2023? ▼
Southgate Automotive, Inc. 401(k) Plan & Trust grew sharply - up 15.4% during 2023, from $12M to $14M. Reported net income was $2M.
How have Southgate Automotive, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southgate Automotive, Inc.'s sponsor-wide assets grew 35.5%, from $12M to $16M.
Which 401(k) plans are similar in size to Southgate Automotive, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is The Quintin Little Company, Inc. Savings and Retirement Plan in OK ($14M, 15 participants).
Which 401(k) plans cover a similar participant headcount to Southgate Automotive, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 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 382452677.

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.