401(k) · DOL Form 5500 · 2024

Muirfield Inc. D/B/a Parks Ford of Wesley Chapel 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
182
Participants Below avg headcount
53rd
Percentile by assets National rank
$47,878
Avg per participant Low balance/head
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Official DOL plan name: Parks Motors 401(k) Plan · Sponsored by Muirfield Inc. D/B/a Parks Ford of Wesley Chapel · Florida · Retail Trade

$9M in assets, 182 participants

Muirfield Inc. D/B/a Parks Ford of Wesley Chapel's Parks Motors 401(k) Plan reported $9M in total assets and 182 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #5,089 in Retail Trade (8,048 peers)

Coverage in Florida

Parks Motors 401(k) Plan covers 182 participants in Florida, about 29% of the average Florida filer (state average ~628 per filing). Assets: $9M.

#5,089
in Retail Trade (8,048 peers)
-1.8%
assets change YoY

The plan reported a net loss of $159K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Parks Motors 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Parks Motors 401(k) Plan vs every filed plan by assets

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

$8,713,854 Top 47% higher than 53% 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

Parks Motors 401(k) 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. Parks Motors 401(k) Plan sits mid-pack in the medium band (182 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Parks Motors 401(k) Plan reported participants fell from 281 in the plan year 2023 filing to 182 in the plan year 2024 filing.
  • Parks Motors 401(k) Plan reported net income rose from -$193K in the plan year 2023 filing to -$159K in the plan year 2024 filing.
  • Parks Motors 401(k) Plan end-of-year assets fell from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 592419050 · Muirfield Inc. D/B/a Parks Ford of Wesley Chapel PY 2024 · 401(k)

Parks Motors 401(k) Plan · $9M · 182 · 53rd

  • EBSA $9M
  • PART 182
  • TYPE 53rd
  • NET 401(k)
  • BOOK near Retirement Income Security Plan-Redstone Residential, Inc.
  • VS-ST ind #5089

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 Florida →

Parks Motors 401(k) Plan in the asset neighbourhood

Parks Motors 401(k) Plan$9MRetirement Income Security Plan-Redstone Residential, Inc.Retirement Income Security P…$9MDavaco 401(k) Plan$9MMendo Mill & Lumber Co. Profit Sharing Plan and TrustMendo Mill & Lumber Co. Prof…$9MBrauer Group II, Inc. 401(k) PlanBrauer Group II, Inc. 401(k)…$9M
End-of-year total assets ($M) among Parks Motors 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income-$159K
Employer EIN592419050
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Muirfield Inc. D/B/a Parks Ford of Wesley Chapel)

Sponsor-wide plan assets over time

All Muirfield Inc. D/B/a Parks Ford of Wesley Chapel plans reported in each filing year

Latest sponsor-wide plan assets
$9M 1.7908093411421129% vs 2023
2024 filing year
$8.65M$8.7M$8.75M$8.8M$8.85M$8.9M 20232024 $8.87M $8.71M ▼ -1.8%
Year Plans Participants Total Assets
2023 1 281 $9M
2024 1 182 $9M

Nearby 401(k) Plans in Florida

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

Parks Motors 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Parks Motors 401(k) Plan, Total assets ($B): 0.008713854 · Participants: 182Parks Motors 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Parks Motors 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Parks Motors 401(k) Plan side-by-side with 3 peers →

Parks Motors 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Retirement Income Security Plan-Redstone Residential, Inc. in UT ($9M); by covered participants it is Envirovac Holdings, LLC 401(k) Profit Sharing Plan in GA (182 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (182 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 Parks Motors 401(k) Plan assets move in 2024? ▼
Parks Motors 401(k) Plan edged down modestly - down 1.8% during 2024, from $9M to $9M. Reported net income was -$159K.
How have Muirfield Inc. D/B/a Parks Ford of Wesley Chapel plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Muirfield Inc. D/B/a Parks Ford of Wesley Chapel's sponsor-wide assets declined 1.8%, from $9M to $9M.
Which 401(k) plans are similar in size to Parks Motors 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Retirement Income Security Plan-Redstone Residential, Inc. in UT ($9M, 652 participants).
Which 401(k) plans cover a similar participant headcount to Parks Motors 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Envirovac Holdings, LLC 401(k) Profit Sharing Plan in GA (182 participants, $6M 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 592419050.

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.