401(k) · DOL Form 5500 · 2024

Mills Automotive Group, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
410
Participants Below avg headcount
62nd
Percentile by assets National rank
$33,193
Avg per participant Low balance/head
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Official DOL plan name: Mills Auto Group Employees' Profit Sharing 401(k) Plan · Sponsored by Mills Automotive Group, Inc. · Minnesota · Retail Trade

$14M in assets, 410 participants

Mills Automotive Group, Inc.'s Mills Auto Group Employees' Profit Sharing 401(k) Plan reported $14M in total assets and 410 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #5,902 in Retail Trade (8,048 peers)

Coverage in Minnesota

Mills Auto Group Employees' Profit Sharing 401(k) Plan covers 410 participants in Minnesota, about 36% of the average Minnesota filer (state average ~1,126 per filing). Assets: $14M.

#5,902
in Retail Trade (8,048 peers)
+9.9%
assets growth YoY

Mills Auto Group Employees' Profit Sharing 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Mills Auto Group Employees' Profit Sharing 401(k) Plan vs every filed plan by assets

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

$13,609,173 Top 38% higher than 62% 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

Mills Auto Group Employees' Profit Sharing 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. Mills Auto Group Employees' Profit Sharing 401(k) Plan sits mid-pack in the medium band (410 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mills Auto Group Employees' Profit Sharing 401(k) Plan reported participants rose from 309 in the plan year 2023 filing to 410 in the plan year 2024 filing.
  • Mills Auto Group Employees' Profit Sharing 401(k) Plan reported net income rose from $992K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Mills Auto Group Employees' Profit Sharing 401(k) Plan end-of-year assets rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 261471946 · Mills Automotive Group, Inc. PY 2024 · 401(k)

Mills Auto Group Employees' Profit Sharing 401(k) Plan · $14M · 410 · 62nd

  • 5500 $14M
  • ASSETS 410
  • PCT 62nd
  • EIN 401(k)
  • RANK near Freshrealm Retirement Plan
  • PHOTO ind #5902

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 →

Mills Auto Group Employees' Profit Sharing 401(k) Plan in the asset neighbourhood

Mills Auto Group Employees' Profit Sharing 401(k) PlanMills Auto Group Employees' …$14MFreshrealm Retirement Plan$14MQuartet Health 401(k) Plan$14MAdams Electric Company, Inc. 401(k) Retirement PlanAdams Electric Company, Inc.…$14MRealty Management Services, Inc. 401(k) PlanRealty Management Services, …$14M
End-of-year total assets ($M) among Mills Auto Group Employees' Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN261471946
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mills Automotive Group, Inc.)

Sponsor-wide plan assets over time

All Mills Automotive Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 19.630196285436885% vs 2022
2024 filing year
$11M$12M$13M$14M 202220232024 $11.4M $13.6M ▲ +19.6%
Year Plans Participants Total Assets
2022 1 302 $11M
2023 1 309 $12M
2024 1 410 $14M

Nearby 401(k) Plans in Minnesota

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

Mills Auto Group Employees' Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Mills Auto Group Employees' Profit Sharing 401(k) Plan, Total assets ($B): 0.013609173 · Participants: 410Mills Auto Group Employees' Profit Sharing 401(k) PlanWells 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
Mills Auto Group Employees' Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Mills Auto Group Employees' Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Freshrealm Retirement Plan in TX ($14M); by covered participants it is Factory Direct Furniture 401(k) Plan in NJ (410 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (410 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 Mills Auto Group Employees' Profit Sharing 401(k) Plan assets move in 2024?
Mills Auto Group Employees' Profit Sharing 401(k) Plan grew at a solid clip - up 9.9% during 2024, from $12M to $14M. Reported net income was $1M.
How have Mills Automotive Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mills Automotive Group, Inc.'s sponsor-wide assets grew 19.6%, from $11M to $14M.
Which 401(k) plans are similar in size to Mills Auto Group Employees' Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Freshrealm Retirement Plan in TX ($14M, 1,297 participants).
Which 401(k) plans cover a similar participant headcount to Mills Auto Group Employees' Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Factory Direct Furniture 401(k) Plan in NJ (410 participants, $10M in assets).