Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

HYUNDAI 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

HYUNDAI AMERICA TECHNICAL CENTER, INC.

This Profit Sharing plan holds $91M in total assets and serves 529 participants as of 2023. It is sponsored by HYUNDAI AMERICA TECHNICAL CENTER, INC. in Michigan. The plan reported positive net income of $18M for the year.

Total Assets (2023)
$91M
Participants
529
State
Industry
Manufacturing

What the Filing Says About HYUNDAI 401(K) PLAN

HYUNDAI 401(K) PLAN is a Profit Sharing retirement plan sponsored by HYUNDAI AMERICA TECHNICAL CENTER, INC., headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $91M in total end-of-year assets and covers 529 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 382670894, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $73M at the beginning of 2023 to $91M at year-end — a gain of 24.9%. Net assets (after liabilities) closed the year at $91M, with reported net income of $18M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$73M
Total Assets (End of Year)$91M
Net Assets (End of Year)$91M
Net Income$18M
Plan TypeProfit Sharing
Employer EIN382670894
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HYUNDAI AMERICA TECHNICAL CENTER, INC.)

Year Plans Participants Total Assets
2022 1 470 $73M
2023 1 529 $91M
2024 1 592 $108M

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the HYUNDAI 401(K) PLAN?
As of the 2023 Form 5500 filing, HYUNDAI 401(K) PLAN holds $91M in total assets with 529 participants. It is sponsored by HYUNDAI AMERICA TECHNICAL CENTER, INC..
What type of plan is HYUNDAI 401(K) PLAN?
HYUNDAI 401(K) PLAN is a Profit Sharing plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 382670894.
Who sponsors the HYUNDAI 401(K) PLAN?
HYUNDAI 401(K) PLAN is sponsored by HYUNDAI AMERICA TECHNICAL CENTER, INC., located in Michigan. The sponsor's EIN is 382670894 and the plan operates in the Manufacturing industry.
How did HYUNDAI 401(K) PLAN perform in 2023?
HYUNDAI 401(K) PLAN grew by 24.9% during 2023, moving from $73M to $91M in total assets. Net income was $18M.
Where can I find official filings for HYUNDAI 401(K) PLAN?
Official Form 5500 filings for HYUNDAI 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 382670894 or plan name at efast.dol.gov.
How does HYUNDAI 401(K) PLAN compare to other plans?
You can compare HYUNDAI 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 382670894.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.