401(k) · DOL Form 5500 · 2024

Openlane, Inc. 401(k) Plan

Data updated 2026-08-25

$315M
Total assets Above avg plan size
2,035
Participants Near avg headcount
96th
Percentile by assets National rank
$154,639
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Openlane, Inc. 401(k) Plan · Sponsored by Openlane, Inc. · Indiana · Wholesale Trade

$315M in assets, 2,035 participants

Openlane, Inc.'s Openlane, Inc. 401(k) Plan reported $315M in total assets and 2,035 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #5,904 in Wholesale Trade (6,080 peers)

Coverage in Indiana

Openlane, Inc. 401(k) Plan covers 2,035 participants in Indiana, 3.8x the typical Indiana plan (state average ~541 per filing). Assets: $315M.

#5,904
in Wholesale Trade (6,080 peers)
+5.8%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Openlane, Inc. 401(k) Plan's outsized position by total assets

Openlane, Inc. 401(k) Plan vs every filed plan by assets

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

$314,690,260 Top 4% higher than 96% 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

Openlane, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Openlane, Inc. 401(k) Plan lands in the large band (2,035 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Openlane, Inc. 401(k) Plan reported net income fell from $35M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Openlane, Inc. 401(k) Plan end-of-year assets rose from $298M in the plan year 2023 filing to $315M in the plan year 2024 filing.
  • Openlane, Inc. 401(k) Plan reported participants fell from 2,143 in the plan year 2023 filing to 2,035 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 208744739 · Openlane, Inc. PY 2024 · 401(k)

Openlane, Inc. 401(k) Plan · $315M · 2,035 · 96th

  • PART $315M
  • PART 2,035
  • PART 96th
  • PART 401(k)
  • PART near Brown & Root Industrial Services 401(k) Plan
  • PART ind #5904

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 Wholesale Trade retirement plans → · Plans in Indiana →

Openlane, Inc. 401(k) Plan in the asset neighbourhood

Solera Holdings, LLC Retirement Savings PlanSolera Holdings, LLC Retirem…$315MOpenlane, Inc. 401(k) Plan$315MBrown & Root Industrial Services 401(k) PlanBrown & Root Industrial Serv…$315MScor U.S. Group Retirement and Savings PlanScor U.S. Group Retirement a…$315MFives Retirement Savings Plan$314M
End-of-year total assets ($M) among Openlane, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$298M
Net Assets (End of Year)$315M
Net Income$17M
Employer EIN208744739
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Openlane, Inc.)

Sponsor-wide plan assets over time

All Openlane, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$315M 19.825324376945098% vs 2022
2024 filing year
$240M$260M$280M$300M$320M 202220232024 $263M $315M ▲ +19.8%
Year Plans Participants Total Assets
2022 1 6,996 $263M
2023 1 2,143 $298M
2024 1 2,035 $315M

Nearby 401(k) Plans in Indiana

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

Openlane, Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Openlane, Inc. 401(k) Plan, Total assets ($B): 0.31469026 · Participants: 2035Openlane, Inc. 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Openlane, Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Openlane, Inc. 401(k) Plan side-by-side with 3 peers →

Openlane, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Brown & Root Industrial Services 401(k) Plan in LA ($315M); by covered participants it is Dierbergs Collectively Bargained Employees' 401(k) Plan in MO (2,035 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($315M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,035 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 Openlane, Inc. 401(k) Plan assets move in 2024? ▼
Openlane, Inc. 401(k) Plan grew at a solid clip - up 5.8% during 2024, from $298M to $315M. Reported net income was $17M.
How have Openlane, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Openlane, Inc.'s sponsor-wide assets grew 19.8%, from $263M to $315M.
Where does Openlane, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Openlane, Inc. 401(k) Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Openlane, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brown & Root Industrial Services 401(k) Plan in LA ($315M, 3,358 participants).
Which 401(k) plans cover a similar participant headcount to Openlane, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dierbergs Collectively Bargained Employees' 401(k) Plan in MO (2,035 participants, $78M 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 208744739.

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.