401(k) · DOL Form 5500 · 2023
Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan
Data updated 2026-08-11
- $280M
- Total assets
- 3,738
- Participants
- 96th
- Percentile by assets
- $74,908
- Avg per participant
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.
- 96th percentile by assets (of 127,072 plans)
- #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.
- $280M
- total plan assets (2023 EOY)
- 3,738
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $74,908
- avg assets per participant
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.
Participants vs Alabama filers
In Alabama, the average filing covers about 360 participants across 1,591 plans. Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan reports 3,738 participants - 10x that state average ($280M EOY assets).
Alabama filing particulars
| Total Assets (Beginning of Year) | $228M |
|---|---|
| Net Assets (End of Year) | $280M |
| Net Income | $52M |
| Employer EIN | 371426698 |
| Plan Effective Date | 2004-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hyundai Motor Manufacturing Alabama, LLC)
| 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
- Regions Financial Corporation 401(k) Plan $2.9B · 20,733
- Encompass Health Corporation 401(k) Retirement Plan $1.5B · 24,565
- Hexagon Employee Retirement Savings Plan $1.5B · 4,618
- Vulcan 401(k) Plan $1.4B · 9,487
- Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.1B · N/A
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan by total assets, not by location.
Frequently Asked Questions
How did Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan assets move in 2023? ▼
How have Hyundai Motor Manufacturing Alabama, LLC plan assets changed over time? ▼
Where does Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan? ▼
Next read for Hyundai Motor Manufacturing Alabama, LLC…
Filing takeaways
Ways to act on Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan's numbers.
- By total assets, Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
- Hyundai Motor Manufacturing Alabama, LLC's sponsor-wide assets have grown 42.5% since 2022 across 3 plan years on file. More Manufacturing plans