401(k) · DOL Form 5500 · 2023

Mhq, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
288
Participants Below avg headcount
66th
Percentile by assets National rank
$48,920
Avg per participant Low balance/head
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Official DOL plan name: Automotive Management, Inc. 401(k) Plan · Sponsored by Mhq, Inc. · Massachusetts · Retail Trade

$14M in assets, 288 participants

Mhq, Inc.'s Automotive Management, Inc. 401(k) Plan reported $14M in total assets and 288 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #6,443 in Retail Trade (8,414 peers)

Coverage in Massachusetts

Automotive Management, Inc. 401(k) Plan covers 288 participants in Massachusetts, about 44% of the average Massachusetts filer (state average ~659 per filing). Assets: $14M.

#6,443
in Retail Trade (8,414 peers)
+18.7%
assets growth YoY

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

Automotive Management, Inc. 401(k) Plan vs every filed plan by assets

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

$14,089,002 Top 34% higher than 66% 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

Automotive Management, Inc. 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. Automotive Management, Inc. 401(k) Plan sits mid-pack in the medium band (288 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Automotive Management, Inc. 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Automotive Management, Inc. 401(k) Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Automotive Management, Inc. 401(k) Plan reported participants fell from 297 in the plan year 2022 filing to 288 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 042265390 · Mhq, Inc. PY 2023 · 401(k)

Automotive Management, Inc. 401(k) Plan · $14M · 288 · 66th

  • EIN $14M
  • RANK 288
  • PHOTO 66th
  • IND 401(k)
  • EOY near Argo Turboserve Corporation 401(k) Plan
  • 5500 ind #6443

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 Massachusetts →

Automotive Management, Inc. 401(k) Plan in the asset neighbourhood

Automotive Management, Inc. 401(k) PlanAutomotive Management, Inc. …$14MArgo Turboserve Corporation 401(k) PlanArgo Turboserve Corporation …$14MNational Funding, Inc. 401(k) PlanNational Funding, Inc. 401(k…$14MEquitec Group 401(k) Plan$14MBudweiser-Busch Distribution Co. Inc. 401(k) Profit Sharing PlanBudweiser-Busch Distribution…$14M
End-of-year total assets ($M) among Automotive Management, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN042265390
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mhq, Inc.)

Sponsor-wide plan assets over time

All Mhq, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 18.697893809841265% vs 2022
2023 filing year
$11M$12M$13M$14M$15M 20222023 $11.9M $14.1M ▲ +18.7%
Year Plans Participants Total Assets
2022 1 297 $12M
2023 1 288 $14M

Nearby 401(k) Plans in Massachusetts

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

Automotive Management, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Automotive Management, Inc. 401(k) Plan, Total assets ($B): 0.014089002 · Participants: 288Automotive Management, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Automotive Management, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Automotive Management, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Argo Turboserve Corporation 401(k) Plan in NY ($14M); by covered participants it is Accord Health Service, Inc. 401(k) Plan in PA (288 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (288 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 Automotive Management, Inc. 401(k) Plan assets move in 2023? ▼
Automotive Management, Inc. 401(k) Plan grew sharply - up 18.7% during 2023, from $12M to $14M. Reported net income was $2M.
How have Mhq, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Mhq, Inc.'s sponsor-wide assets grew 18.7%, from $12M to $14M.
Which 401(k) plans are similar in size to Automotive Management, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Argo Turboserve Corporation 401(k) Plan in NY ($14M, 99 participants).
Which 401(k) plans cover a similar participant headcount to Automotive Management, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Accord Health Service, Inc. 401(k) Plan in PA (288 participants, $10M 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 042265390.

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.