401(k) · DOL Form 5500 · 2023

Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan

Data updated 2026-08-25

$280M
Total assets Near avg plan size
3,738
Participants Above avg headcount
96th
Percentile by assets National rank
$74,908
Avg per participant Below avg balance/head
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Official DOL plan name: Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan · Sponsored by Hyundai Motor Manufacturing Alabama, LLC · Alabama · Manufacturing

$280M in assets, 3,738 participants

Hyundai Motor Manufacturing Alabama, LLC's Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan reported $280M in total assets and 3,738 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,506 in Manufacturing (18,722 peers)

Coverage in Alabama

Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan covers 3,738 participants in Alabama, 10x the typical Alabama plan (state average ~360 per filing). Assets: $280M.

#17,506
in Manufacturing (18,722 peers)
+22.9%
assets growth YoY
2.8×
vs typical plan assets (national mean)

Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan's outsized position by total assets

Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan vs every filed plan by assets

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

$280,005,620 Top 4% higher than 96% 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

Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan lands in the large band (3,738 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan reported net income rose from -$36M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan end-of-year assets rose from $228M in the plan year 2022 filing to $280M in the plan year 2023 filing.
  • Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan reported participants fell from 3,873 in the plan year 2022 filing to 3,738 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 371426698 · Hyundai Motor Manufacturing Alabama, LLC PY 2023 · 401(k)

Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan · $280M · 3,738 · 96th

  • EOY $280M
  • EOY 3,738
  • EOY 96th
  • EOY 401(k)
  • EOY near Suffolk Construction Company, Inc. 401(k) Retirement Plan
  • EOY ind #17506

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 Manufacturing retirement plans → · Plans in Alabama →

Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan in the asset neighbourhood

St. Jude Heritage Medical Group 401(k) Profit Sharing PlanSt. Jude Heritage Medical Gr…$280MHyundai Motor Manufacturing Alabama, LLC 401(k) PlanHyundai Motor Manufacturing …$280MSuffolk Construction Company, Inc. 401(k) Retirement PlanSuffolk Construction Company…$280MStillwater Mining Company Bargaining Unit 401(k) PlanStillwater Mining Company Ba…$280MAllen Matkins Profit Sharing and 401(k) PlanAllen Matkins Profit Sharing…$280M
End-of-year total assets ($M) among Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$228M
Net Assets (End of Year)$280M
Net Income$52M
Employer EIN371426698
Plan Effective Date2004-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hyundai Motor Manufacturing Alabama, LLC)

Sponsor-wide plan assets over time

All Hyundai Motor Manufacturing Alabama, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$325M 42.542437217547636% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $228M $325M ▲ +42.5%
Year Plans Participants Total Assets
2022 1 3,873 $228M
2023 1 3,738 $280M
2024 1 3,904 $325M

Nearby 401(k) Plans in Alabama

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

Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 0123 Total assets ($B) Participants Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan, Total assets ($B): 0.28000562 · Participants: 3738Hyundai Motor Manufacturing Alabama, LLC 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Suffolk Construction Company, Inc. 401(k) Retirement Plan in MA ($280M); by covered participants it is Komatsu Mining Corp. Retirement Savings Plan in WI (3,738 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,738 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 Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan assets move in 2023? ▼
Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan grew sharply - up 22.9% during 2023, from $228M to $280M. Reported net income was $52M.
How have Hyundai Motor Manufacturing Alabama, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hyundai Motor Manufacturing Alabama, LLC's sponsor-wide assets grew 42.5%, from $228M to $325M.
Where does Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Suffolk Construction Company, Inc. 401(k) Retirement Plan in MA ($280M, 1,826 participants).
Which 401(k) plans cover a similar participant headcount to Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Komatsu Mining Corp. Retirement Savings Plan in WI (3,738 participants, $828M in assets).