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

Tommie Vaughn Motors, Inc. 401(k) Plan

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

Sponsored by Tommie Vaughn Motors, Inc. · Texas · Retail Trade

What the 2023 filing shows

Tommie Vaughn Motors, Inc. 401(k) Plan holds $7M for 140 participants — about $52,043 per participant, up 7.4% over the 2023 plan year.

$7M
total plan assets (2023 EOY)
140
covered participants
$52,043
avg assets per participant
+7.4%
assets growth YoY
Total Assets (2023)
$7M
Participants
140
State
Industry
Retail Trade

What the Filing Says About Tommie Vaughn Motors, Inc. 401(k) Plan

Tommie Vaughn Motors, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Tommie Vaughn Motors, Inc., headquartered in Texas. As of the 2023 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 140 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 741052658, and the plan has been effective since 1995-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2023 to $7M at year-end — a gain of 7.4%. Net assets (after liabilities) closed the year at $7M, with reported net income of $500K 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)$7M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$500K
Plan Type401(k)
Employer EIN741052658
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tommie Vaughn Motors, Inc.)

Year Plans Participants Total Assets
2022 1 145 $7M
2023 1 140 $7M
2024 1 145 $8M

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Frequently Asked Questions

How much money is in the Tommie Vaughn Motors, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Tommie Vaughn Motors, Inc. 401(k) Plan holds $7M in total assets with 140 participants. It is sponsored by Tommie Vaughn Motors, Inc..
What type of plan is Tommie Vaughn Motors, Inc. 401(k) Plan?
Tommie Vaughn Motors, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1995-07-01. The plan is filed with the U.S. Department of Labor under EIN 741052658.
Who sponsors the Tommie Vaughn Motors, Inc. 401(k) Plan?
Tommie Vaughn Motors, Inc. 401(k) Plan is sponsored by Tommie Vaughn Motors, Inc., located in Texas. The sponsor's EIN is 741052658 and the plan operates in the Retail Trade industry.
How did Tommie Vaughn Motors, Inc. 401(k) Plan perform in 2023?
Tommie Vaughn Motors, Inc. 401(k) Plan grew by 7.4% during 2023, moving from $7M to $7M in total assets. Net income was $500K.
Where can I find official filings for Tommie Vaughn Motors, Inc. 401(k) Plan?
Official Form 5500 filings for Tommie Vaughn Motors, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 741052658 or plan name at efast.dol.gov.
How does Tommie Vaughn Motors, Inc. 401(k) Plan compare to other plans?
You can compare Tommie Vaughn Motors, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Texas 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 741052658.

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.