401(k) · DOL Form 5500 · 2024

Twin Cities Automotive LLC 401(k) Plan

Data updated 2026-08-25

N/A
Total assets
693
Participants Below avg headcount
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Official DOL plan name: Carousel Motor Group 401(k) Savings Plan · Sponsored by Twin Cities Automotive LLC · Minnesota · Retail Trade

N/A in assets, 693 participants

Twin Cities Automotive LLC's Carousel Motor Group 401(k) Savings Plan reported N/A in total assets and 693 participants in its 2024 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

What the 2024 filing shows

Carousel Motor Group 401(k) Savings Plan holds N/A for 693 participants.

-$48M
reported net income

The plan reported a net loss of $48M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Carousel Motor Group 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carousel Motor Group 401(k) Savings Plan sits mid-pack in the medium band (693 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Carousel Motor Group 401(k) Savings Plan reported net income fell from $10M in the plan year 2023 filing to -$48M in the plan year 2024 filing.
  • Carousel Motor Group 401(k) Savings Plan reported participants rose from 581 in the plan year 2023 filing to 693 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 261871075 · Twin Cities Automotive LLC PY 2024 · 401(k)

Carousel Motor Group 401(k) Savings Plan · N/A · 693

  • 5500 N/A
  • 5500 693
  • 5500 PY 2024
  • 5500 401(k)
  • 5500 near Central Pacific Bank 401(k) Retirement Savings Plan
  • 5500 -$48M

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 Minnesota →

Filing particulars (2024)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)N/A
Net Income-$48M
Employer EIN261871075
Plan Effective Date2008-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Twin Cities Automotive LLC)

Sponsor-wide plan assets over time

All Twin Cities Automotive LLC plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$20M$40M$60M 202220232024 $38.2M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 565 $38M
2023 1 581 $48M
2024 1 693 N/A

Nearby 401(k) Plans in Minnesota

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

Carousel Motor Group 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 5 data points. 0100000200000300000400000500000 020406080 Total assets ($B) Participants Wells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Carousel Motor Group 401(k) Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Carousel Motor Group 401(k) Savings Plan's closest out-of-state 401(k) peers by headcount

Outside Minnesota, the nearest 401(k) by covered participants is Central Pacific Bank 401(k) Retirement Savings Plan in HI (693 participants; this filing: 693 participants).

Similar participant headcount

Nearest other-state filings by covered participants (693 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

Which 401(k) plans cover a similar participant headcount to Carousel Motor Group 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Central Pacific Bank 401(k) Retirement Savings Plan in HI (693 participants, $188M in assets).