401(k) · DOL Form 5500 · 2023

Hwaseung Automotive America Hold 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
382
Participants Below avg headcount
29th
Percentile by assets National rank
$4,690
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hwaseung Automotive America Holdings, Inc. 401(k) Plan · Sponsored by Hwaseung Automotive America Hold · Michigan · Wholesale Trade

$2M in assets, 382 participants

Hwaseung Automotive America Hold's Hwaseung Automotive America Holdings, Inc. 401(k) Plan reported $2M in total assets and 382 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • #1,167 in Wholesale Trade (6,309 peers)

Hwaseung Automotive America Hold multi-year trail

Hwaseung Automotive America Hold's plans moved +46.4% in assets from 2022 to 2024; this filing shows Hwaseung Automotive America Holdings, Inc. 401(k) Plan at $2M / 382 participants.

#1,167
in Wholesale Trade (6,309 peers)
+13.8%
assets growth YoY

Hwaseung Automotive America Holdings, Inc. 401(k) Plan among the smaller filed plans by assets

Hwaseung Automotive America Holdings, Inc. 401(k) Plan vs every filed plan by assets

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

$1,791,616 29th percentile higher than 29% 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

Hwaseung Automotive America Holdings, Inc. 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. Hwaseung Automotive America Holdings, Inc. 401(k) Plan sits mid-pack in the medium band (382 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hwaseung Automotive America Holdings, Inc. 401(k) Plan reported net income rose from -$24K in the plan year 2022 filing to $217K in the plan year 2023 filing.
  • Hwaseung Automotive America Holdings, Inc. 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Hwaseung Automotive America Holdings, Inc. 401(k) Plan reported participants fell from 402 in the plan year 2022 filing to 382 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 432004446 · Hwaseung Automotive America Hold PY 2023 · 401(k)

Hwaseung Automotive America Holdings, Inc. 401(k) Plan · $2M · 382 · 29th

  • ASSETS $2M
  • ASSETS 382
  • ASSETS 29th
  • ASSETS 401(k)
  • ASSETS near Chickahominy Business Development Co. Retirement Plan
  • ASSETS ind #1167

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 Wholesale Trade retirement plans → · Plans in Michigan →

Hwaseung Automotive America Holdings, Inc. 401(k) Plan in the asset neighbourhood

Hwaseung Automotive America Holdings, Inc. 401(k) PlanHwaseung Automotive America …$2MChickahominy Business Development Co. Retirement PlanChickahominy Business Develo…$2MAlexander Plastics, Inc. 401(k) Profit Sharing PlanAlexander Plastics, Inc. 401…$2MRobert Frost Mountain Cabins Inc. Retirement PlanRobert Frost Mountain Cabins…$2MShaughnessy Orthodontics of East Cobb Profit Sharing Plan & TrustShaughnessy Orthodontics of …$2M
End-of-year total assets ($M) among Hwaseung Automotive America Holdings, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hwaseung Automotive America Hold multi-year asset trail

Sponsor-wide plan assets over time

All Hwaseung Automotive America Hold plans reported in each filing year

Latest sponsor-wide plan assets
$2M 46.39255941358564% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M 202220232024 $1.57M $2.3M ▲ +46.5%
Year Plans Participants Total Assets
2022 1 402 $2M
2023 1 382 $2M
2024 1 387 $2M

Hwaseung Automotive America Hold filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$217K
Employer EIN432004446
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Hwaseung Automotive America Holdings, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Hwaseung Automotive America Holdings, Inc. 401(k) Plan, Total assets ($B): 0.001791616 · Participants: 382Hwaseung Automotive America Holdings, Inc. 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
Hwaseung Automotive America Holdings, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Hwaseung Automotive America Holdings, Inc. 401(k) Plan side-by-side with 3 peers →

Hwaseung Automotive America Holdings, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Chickahominy Business Development Co. Retirement Plan in VA ($2M); by covered participants it is Clow Valve Company Hourly 401(k) Retirement Plan in AL (382 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (382 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 Hwaseung Automotive America Holdings, Inc. 401(k) Plan assets move in 2023? ▼
Hwaseung Automotive America Holdings, Inc. 401(k) Plan grew at a solid clip - up 13.8% during 2023, from $2M to $2M. Reported net income was $217K.
How have Hwaseung Automotive America Hold plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hwaseung Automotive America Hold's sponsor-wide assets grew 46.4%, from $2M to $2M.
Which 401(k) plans are similar in size to Hwaseung Automotive America Holdings, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Chickahominy Business Development Co. Retirement Plan in VA ($2M, 14 participants).
Which 401(k) plans cover a similar participant headcount to Hwaseung Automotive America Holdings, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Clow Valve Company Hourly 401(k) Retirement Plan in AL (382 participants, $12M 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 432004446.

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.