401(k)
2023 plan-year 401(k) DOL Form 5500

New Century Bmw, Inc. 401(k) Plan

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

Sponsored by New Century Alhambra Automobiles Inc.Dba New Century Bmw · California · Retail Trade

What the 2023 filing shows

New Century Bmw, Inc. 401(k) Plan holds $13M for 365 participants — about $35,293 per participant, up 17.1% over the 2023 plan year.

$13M
total plan assets (2023 EOY)
365
covered participants
$35,293
avg assets per participant
+17.1%
assets growth YoY
Total Assets (2023)
$13M
Participants
365
State
Industry
Retail Trade

What the Filing Says About New Century Bmw, Inc. 401(k) Plan

New Century Bmw, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by New Century Alhambra Automobiles Inc.Dba New Century Bmw, headquartered in California. As of the 2023 Form 5500 filing, the plan reports $13M in total end-of-year assets and covers 365 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 954349522, and the plan has been effective since 1996-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2023 to $13M at year-end — a gain of 17.1%. Net assets (after liabilities) closed the year at $13M, with reported net income of $2M 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)$11M
Total Assets (End of Year)$13M
Net Assets (End of Year)$13M
Net Income$2M
Plan Type401(k)
Employer EIN954349522
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Century Alhambra Automobiles Inc.Dba New Century Bmw)

Year Plans Participants Total Assets
2022 1 340 $11M
2023 1 365 $13M
2024 1 370 $16M

Nearby 401(k) Plans in California

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Frequently Asked Questions

How much money is in the New Century Bmw, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, New Century Bmw, Inc. 401(k) Plan holds $13M in total assets with 365 participants. It is sponsored by New Century Alhambra Automobiles Inc.Dba New Century Bmw.
What type of plan is New Century Bmw, Inc. 401(k) Plan?
New Century Bmw, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1996-07-01. The plan is filed with the U.S. Department of Labor under EIN 954349522.
Who sponsors the New Century Bmw, Inc. 401(k) Plan?
New Century Bmw, Inc. 401(k) Plan is sponsored by New Century Alhambra Automobiles Inc.Dba New Century Bmw, located in California. The sponsor's EIN is 954349522 and the plan operates in the Retail Trade industry.
How did New Century Bmw, Inc. 401(k) Plan perform in 2023?
New Century Bmw, Inc. 401(k) Plan grew by 17.1% during 2023, moving from $11M to $13M in total assets. Net income was $2M.
Where can I find official filings for New Century Bmw, Inc. 401(k) Plan?
Official Form 5500 filings for New Century Bmw, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 954349522 or plan name at efast.dol.gov.
How does New Century Bmw, Inc. 401(k) Plan compare to other plans?
You can compare New Century Bmw, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in California 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 954349522.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.