401(k) · DOL Form 5500 · 2024

Motor City Wash Works, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
184
Participants Below avg headcount
57th
Percentile by assets National rank
$56,646
Avg per participant Low balance/head
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Official DOL plan name: Motor City Wash Works, Inc. 401( K) Profit Sharing Plan · Sponsored by Motor City Wash Works, Inc. · Michigan · Manufacturing

$10M in assets, 184 participants

Motor City Wash Works, Inc.'s Motor City Wash Works, Inc. 401( K) Profit Sharing Plan reported $10M in total assets and 184 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #7,586 in Manufacturing (17,777 peers)

Coverage in Michigan

Motor City Wash Works, Inc. 401( K) Profit Sharing Plan covers 184 participants in Michigan, about 29% of the average Michigan filer (state average ~638 per filing). Assets: $10M.

#7,586
in Manufacturing (17,777 peers)
+29.0%
assets growth YoY

Motor City Wash Works, Inc. 401( K) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Motor City Wash Works, Inc. 401( K) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$10,422,844 Top 43% higher than 57% of 123,620 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 2024

Motor City Wash Works, Inc. 401( K) Profit Sharing 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. Motor City Wash Works, Inc. 401( K) Profit Sharing Plan sits mid-pack in the medium band (184 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Motor City Wash Works, Inc. 401( K) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Motor City Wash Works, Inc. 401( K) Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Motor City Wash Works, Inc. 401( K) Profit Sharing Plan reported participants fell from 200 in the plan year 2023 filing to 184 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 743103694 · Motor City Wash Works, Inc. PY 2024 · 401(k)

Motor City Wash Works, Inc. 401( K) Profit Sharing Plan · $10M · 184 · 57th

  • NET $10M
  • BOOK 184
  • VS-ST 57th
  • BOY 401(k)
  • SCH near Ray Enterprises of Chesapeake Walk, LLC 401(k) Plan
  • EBSA ind #7586

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 Manufacturing retirement plans → · Plans in Michigan →

Motor City Wash Works, Inc. 401( K) Profit Sharing Plan in the asset neighbourhood

Motor City Wash Works, Inc. 401( K) Profit Sharing PlanMotor City Wash Works, Inc. …$10MRay Enterprises of Chesapeake Walk, LLC 401(k) PlanRay Enterprises of Chesapeak…$10MM and M Cartage 401(k) Retirement PlanM and M Cartage 401(k) Retir…$10MMunaco Sealing Solutions, Incorporated 401(k) Profit-Sharing PlanMunaco Sealing Solutions, In…$10MDerry Construction Company, Inc. Employees Profit Sharing PlanDerry Construction Company, …$10M
End-of-year total assets ($M) among Motor City Wash Works, Inc. 401( K) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN743103694
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Motor City Wash Works, Inc.)

Sponsor-wide plan assets over time

All Motor City Wash Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 74.63719890005235% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $5.97M $10.4M ▲ +74.5%
Year Plans Participants Total Assets
2022 1 94 $6M
2023 1 200 $8M
2024 1 184 $10M

Nearby 401(k) Plans in Michigan

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

Motor City Wash Works, Inc. 401( K) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Motor City Wash Works, Inc. 401( K) Profit Sharing Plan, Total assets ($B): 0.010422844 · Participants: 184Motor City Wash Works, Inc. 401( K) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Motor City Wash Works, Inc. 401( K) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Motor City Wash Works, Inc. 401( K) Profit Sharing Plan side-by-side with 3 peers →

Motor City Wash Works, Inc. 401( K) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Ray Enterprises of Chesapeake Walk, LLC 401(k) Plan in MD ($10M); by covered participants it is Tusimple 401(k) Plan in CA (184 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (184 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

How did Motor City Wash Works, Inc. 401( K) Profit Sharing Plan assets move in 2024? ▼
Motor City Wash Works, Inc. 401( K) Profit Sharing Plan grew sharply - up 29.0% during 2024, from $8M to $10M. Reported net income was $2M.
How have Motor City Wash Works, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Motor City Wash Works, Inc.'s sponsor-wide assets grew 74.6%, from $6M to $10M.
Which 401(k) plans are similar in size to Motor City Wash Works, Inc. 401( K) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ray Enterprises of Chesapeake Walk, LLC 401(k) Plan in MD ($10M, 76 participants).
Which 401(k) plans cover a similar participant headcount to Motor City Wash Works, Inc. 401( K) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tusimple 401(k) Plan in CA (184 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 743103694.

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.