401(k) · DOL Form 5500 · 2023

Mills Automotive Group, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
309
Participants Below avg headcount
63rd
Percentile by assets National rank
$40,075
Avg per participant Low balance/head
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Official DOL plan name: Mills Auto Group Employees' Profit Sharing 401(k) Plan · Sponsored by Mills Automotive Group, Inc. · Minnesota · Retail Trade

$12M in assets, 309 participants

Mills Automotive Group, Inc.'s Mills Auto Group Employees' Profit Sharing 401(k) Plan reported $12M in total assets and 309 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #6,226 in Retail Trade (8,414 peers)

Coverage in Minnesota

Mills Auto Group Employees' Profit Sharing 401(k) Plan covers 309 participants in Minnesota, about 27% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.

#6,226
in Retail Trade (8,414 peers)
+8.9%
assets growth YoY

Mills Auto Group Employees' Profit Sharing 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Mills Auto Group Employees' Profit Sharing 401(k) Plan vs every filed plan by assets

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

$12,383,041 Top 37% higher than 63% 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

Mills Auto Group Employees' Profit Sharing 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. Mills Auto Group Employees' Profit Sharing 401(k) Plan sits mid-pack in the medium band (309 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mills Auto Group Employees' Profit Sharing 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $992K in the plan year 2023 filing.
  • Mills Auto Group Employees' Profit Sharing 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Mills Auto Group Employees' Profit Sharing 401(k) Plan reported participants rose from 302 in the plan year 2022 filing to 309 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 261471946 · Mills Automotive Group, Inc. PY 2023 · 401(k)

Mills Auto Group Employees' Profit Sharing 401(k) Plan · $12M · 309 · 63rd

  • EBSA $12M
  • PART 309
  • TYPE 63rd
  • NET 401(k)
  • BOOK near Boudreau Pipeline Corporation 401(k) Plan
  • VS-ST ind #6226

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 Minnesota →

Mills Auto Group Employees' Profit Sharing 401(k) Plan in the asset neighbourhood

Mills Auto Group Employees' Profit Sharing 401(k) PlanMills Auto Group Employees' …$12MBoudreau Pipeline Corporation 401(k) PlanBoudreau Pipeline Corporatio…$12MAuxiant 401(k) Retirement PlanAuxiant 401(k) Retirement Pl…$12MKoch Automotive Group 401(k) PlanKoch Automotive Group 401(k)…$12MPenn Beer Sales & Service Employees' Profit Sharing PlanPenn Beer Sales & Service Em…$12M
End-of-year total assets ($M) among Mills Auto Group Employees' Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$992K
Employer EIN261471946
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mills Automotive Group, Inc.)

Sponsor-wide plan assets over time

All Mills Automotive Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 19.630196285436885% vs 2022
2024 filing year
$11M$12M$13M$14M 202220232024 $11.4M $13.6M ▲ +19.6%
Year Plans Participants Total Assets
2022 1 302 $11M
2023 1 309 $12M
2024 1 410 $14M

Nearby 401(k) Plans in Minnesota

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

Mills Auto Group Employees' Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Mills Auto Group Employees' Profit Sharing 401(k) Plan, Total assets ($B): 0.012383041 · Participants: 309Mills Auto Group Employees' Profit Sharing 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Mills Auto Group Employees' Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Mills Auto Group Employees' Profit Sharing 401(k) Plan side-by-side with 3 peers →

Mills Auto Group Employees' Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Boudreau Pipeline Corporation 401(k) Plan in CA ($12M); by covered participants it is Jams, Inc. 401(k) Retirement Savings Plan in CA (309 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (309 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 Mills Auto Group Employees' Profit Sharing 401(k) Plan assets move in 2023? ▼
Mills Auto Group Employees' Profit Sharing 401(k) Plan grew at a solid clip - up 8.9% during 2023, from $11M to $12M. Reported net income was $992K.
How have Mills Automotive Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mills Automotive Group, Inc.'s sponsor-wide assets grew 19.6%, from $11M to $14M.
Which 401(k) plans are similar in size to Mills Auto Group Employees' Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Boudreau Pipeline Corporation 401(k) Plan in CA ($12M, 331 participants).
Which 401(k) plans cover a similar participant headcount to Mills Auto Group Employees' Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Jams, Inc. 401(k) Retirement Savings Plan in CA (309 participants, $50M 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 261471946.

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.