401(k) · DOL Form 5500 · 2023

5th Gear Automotive, Inc. 401(k) Plan

Data updated 2026-05-15

$769K
Total assets
11
Participants
21st
Percentile by assets
$69,868
Avg per participant

Sponsored by 5th Gear Automotive, Inc. · Colorado · Other Services

What the 2023 filing shows

5th Gear Automotive, Inc. 401(k) Plan holds $769K for 11 participants - about $69,868 per participant, among the smaller plans by assets on file, down 24.9% over the 2023 plan year.

$769K
total plan assets (2023 EOY)
11
covered participants
21st
percentile by assets (of 126,618 plans)
$69,868
avg assets per participant

The plan reported a net loss of $254K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Other Services

401(k) · DOL Form 5500 · 2023

What the Filing Says About 5th Gear Automotive, Inc. 401(k) Plan

5th Gear Automotive, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by 5th Gear Automotive, Inc., headquartered in Colorado. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $769K in total end-of-year assets and covers 11 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 813812828, and the plan has been effective since 2016-09-09. Its filing status is currently FILING RECEIVED.

Year over year, total assets declined sharply from $1M at the beginning of 2023 to $769K at year-end - down 24.9%. Net assets (after liabilities) closed the year at $769K, with reported net income of -$254K 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 1 prior plan-year filing from the same sponsor shown below.

Across the 2 plan years 5th Gear Automotive, Inc. has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $1M to $769K, a decline of 24.9%, while reported participants moved from 9 to 11 (+22.2%). Year-by-year, sponsor-wide filings show: 2022 - $1M in assets across 1 plan covering 9 participants; 2023 - $769K in assets across 1 plan covering 11 participants.

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.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank 5th Gear Automotive, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2023)

Total Assets (Beginning of Year)$1M
Total Assets (End of Year)$769K
Net Assets (End of Year)$769K
Net Income-$254K
Plan Type401(k)
Employer EIN813812828
Plan Effective Date2016-09-09
Filing StatusFILING RECEIVED

Sponsor Plan History (5th Gear Automotive, Inc.)

Year Plans Participants Total Assets
2022 1 9 $1M
2023 1 11 $769K

Nearby 401(k) Plans in Colorado

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

Frequently Asked Questions

How much money is in the 5th Gear Automotive, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, 5th Gear Automotive, Inc. 401(k) Plan holds $769K in total assets with 11 participants. It is sponsored by 5th Gear Automotive, Inc..
What type of plan is 5th Gear Automotive, Inc. 401(k) Plan?
5th Gear Automotive, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2016-09-09. The plan is filed with the U.S. Department of Labor under EIN 813812828.
Who sponsors the 5th Gear Automotive, Inc. 401(k) Plan?
5th Gear Automotive, Inc. 401(k) Plan is sponsored by 5th Gear Automotive, Inc., located in Colorado. The sponsor's EIN is 813812828 and the plan operates in the Other Services industry.
How did 5th Gear Automotive, Inc. 401(k) Plan perform in 2023?
5th Gear Automotive, Inc. 401(k) Plan declined sharply - down 24.9% during 2023, moving from $1M to $769K in total assets. Net income was -$254K.

What this filing means

Ways to act on 5th Gear Automotive, Inc. 401(k) Plan's numbers.

  • By total assets, 5th Gear Automotive, Inc. 401(k) Plan ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Colorado. Compare plans
  • 5th Gear Automotive, Inc.'s sponsor-wide assets have declined 24.9% since 2022 across 2 plan years on file. More Other Services plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 813812828.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.