401(k) · DOL Form 5500 · 2023

Bowman Auto Group, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
108
Participants Small participant base
56th
Percentile by assets National rank
$82,791
Avg per participant Below avg balance/head
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Official DOL plan name: Bowman 401(k) Plan · Sponsored by Bowman Auto Group, Inc. · Michigan · Retail Trade

$9M in assets, 108 participants

Bowman Auto Group, Inc.'s Bowman 401(k) Plan reported $9M in total assets and 108 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #5,614 in Retail Trade (8,414 peers)

Coverage in Michigan

Bowman 401(k) Plan covers 108 participants in Michigan, about 17% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#5,614
in Retail Trade (8,414 peers)
+21.9%
assets growth YoY

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

Bowman 401(k) Plan vs every filed plan by assets

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

$8,941,432 Top 44% higher than 56% 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

Bowman 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. Bowman 401(k) Plan sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bowman 401(k) Plan reported net income rose from -$721K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Bowman 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 812848097 · Bowman Auto Group, Inc. PY 2023 · 401(k)

Bowman 401(k) Plan · $9M · 108 · 56th

  • EOY $9M
  • EOY 108
  • EOY 56th
  • EOY 401(k)
  • EOY near 401(k) Profit Sharing Plan for Employees of the Arc of San Diego
  • EOY ind #5614

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 →

Bowman 401(k) Plan in the asset neighbourhood

Bowman 401(k) Plan$9M401(k) Profit Sharing Plan for Employees of the Arc of San Diego401(k) Profit Sharing Plan f…$9MHrc 401(k) Retirement Plan$9MLamoille Health Partners 401(k) PlanLamoille Health Partners 401…$9MSpokane Digestive Disease Center P.S. 401(k) Profit Sharing PlanSpokane Digestive Disease Ce…$9M
End-of-year total assets ($M) among Bowman 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN812848097
Plan Effective Date2016-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bowman Auto Group, Inc.)

Sponsor-wide plan assets over time

All Bowman Auto Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 41.93218550485957% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $7.34M $10.4M ▲ +41.8%
Year Plans Participants Total Assets
2022 1 109 $7M
2023 1 108 $9M
2024 1 114 $10M

Nearby 401(k) Plans in Michigan

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

Bowman 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Bowman 401(k) Plan, Total assets ($B): 0.008941432 · Participants: 108Bowman 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
Bowman 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Bowman 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is 401(k) Profit Sharing Plan for Employees of the Arc of San Diego in CA ($9M); by covered participants it is Winstar Farm 401(k) Plan in KY (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 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 Bowman 401(k) Plan assets move in 2023? ▼
Bowman 401(k) Plan grew sharply - up 21.9% during 2023, from $7M to $9M. Reported net income was $2M.
How have Bowman Auto Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bowman Auto Group, Inc.'s sponsor-wide assets grew 41.9%, from $7M to $10M.
Which 401(k) plans are similar in size to Bowman 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Profit Sharing Plan for Employees of the Arc of San Diego in CA ($9M, 961 participants).
Which 401(k) plans cover a similar participant headcount to Bowman 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Winstar Farm 401(k) Plan in KY (108 participants, $4M 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 812848097.

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.