401(k) · DOL Form 5500 · 2023

Ibe Enterprises, LLC 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
114
Participants Small participant base
47th
Percentile by assets National rank
$51,260
Avg per participant Low balance/head
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Official DOL plan name: Elder Automotive Group 401(k) Plan · Sponsored by Ibe Enterprises, LLC · Michigan · Retail Trade

$6M in assets, 114 participants

Ibe Enterprises, LLC's Elder Automotive Group 401(k) Plan reported $6M in total assets and 114 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #4,857 in Retail Trade (8,414 peers)

Coverage in Michigan

Elder Automotive Group 401(k) Plan covers 114 participants in Michigan, about 18% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#4,857
in Retail Trade (8,414 peers)
+3.9%
assets growth YoY

Elder Automotive Group 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Elder Automotive Group 401(k) Plan vs every filed plan by assets

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

$5,843,619 47th percentile higher than 47% 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

Elder Automotive Group 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. Elder Automotive Group 401(k) Plan sits mid-pack in the medium band (114 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Elder Automotive Group 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $220K in the plan year 2023 filing.
  • Elder Automotive Group 401(k) Plan reported participants rose from 102 in the plan year 2022 filing to 114 in the plan year 2023 filing.
  • Elder Automotive Group 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 814790668 · Ibe Enterprises, LLC PY 2023 · 401(k)

Elder Automotive Group 401(k) Plan · $6M · 114 · 47th

  • VS-ST $6M
  • BOY 114
  • SCH 47th
  • EBSA 401(k)
  • PART near Pearson Construction, LLC Profit Sharing/401(k) Pl and Tr
  • TYPE ind #4857

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 →

Elder Automotive Group 401(k) Plan in the asset neighbourhood

Elder Automotive Group 401(k) PlanElder Automotive Group 401(k…$6MPearson Construction, LLC Profit Sharing/401(k) Pl and TrPearson Construction, LLC Pr…$6MMiddleburg 401(k) Plan$6MAlbuquerque Asphalt, Inc. 401(k) Profit Sharing PlanAlbuquerque Asphalt, Inc. 40…$6MAnywhereworks 401(k) Plan$6M
End-of-year total assets ($M) among Elder Automotive Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$220K
Employer EIN814790668
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ibe Enterprises, LLC)

Sponsor-wide plan assets over time

All Ibe Enterprises, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$6M 3.9117020135894216% vs 2022
2023 filing year
$5.5M$5.6M$5.7M$5.8M$5.9M 20222023 $5.62M $5.84M ▲ +3.9%
Year Plans Participants Total Assets
2022 1 102 $6M
2023 1 114 $6M

Nearby 401(k) Plans in Michigan

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

Elder Automotive Group 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Elder Automotive Group 401(k) Plan, Total assets ($B): 0.005843619 · Participants: 114Elder Automotive Group 401(k) PlanGeneral 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
Elder Automotive Group 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Elder Automotive Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Pearson Construction, LLC Profit Sharing/401(k) Pl and Tr in KS ($6M); by covered participants it is Austin Medical Center 403b Plan in MN (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 Elder Automotive Group 401(k) Plan assets move in 2023?
Elder Automotive Group 401(k) Plan edged up modestly - up 3.9% during 2023, from $6M to $6M. Reported net income was $220K.
How have Ibe Enterprises, LLC plan assets changed over time?
Across 2 plan years on file (2022-2023), Ibe Enterprises, LLC's sponsor-wide assets grew 3.9%, from $6M to $6M.
Which 401(k) plans are similar in size to Elder Automotive Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Pearson Construction, LLC Profit Sharing/401(k) Pl and Tr in KS ($6M, 232 participants).
Which 401(k) plans cover a similar participant headcount to Elder Automotive Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Austin Medical Center 403b Plan in MN (114 participants, N/A in assets).