401(k) · DOL Form 5500 · 2024

Hwaseung Automotive America Hold 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
387
Participants Below avg headcount
31st
Percentile by assets National rank
$5,955
Avg per participant Low balance/head
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Official DOL plan name: Hwaseung Automotive America Holdings, Inc. 401(k) Plan · Sponsored by Hwaseung Automotive America Hold · Michigan · Wholesale Trade

$2M in assets, 387 participants

Hwaseung Automotive America Hold's Hwaseung Automotive America Holdings, Inc. 401(k) Plan reported $2M in total assets and 387 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,232 in Wholesale Trade (6,080 peers)

Hwaseung Automotive America Hold multi-year trail

Hwaseung Automotive America Hold's plans moved +46.4% in assets from 2022 to 2024; this filing shows Hwaseung Automotive America Holdings, Inc. 401(k) Plan at $2M / 387 participants.

#1,232
in Wholesale Trade (6,080 peers)
+28.6%
assets growth YoY

Hwaseung Automotive America Holdings, Inc. 401(k) Plan among the smaller filed plans by assets

Hwaseung Automotive America Holdings, Inc. 401(k) Plan vs every filed plan by assets

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

$2,304,478 31st percentile higher than 31% 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

Hwaseung Automotive America Holdings, Inc. 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. Hwaseung Automotive America Holdings, Inc. 401(k) Plan sits mid-pack in the medium band (387 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hwaseung Automotive America Holdings, Inc. 401(k) Plan reported net income rose from $217K in the plan year 2023 filing to $498K in the plan year 2024 filing.
  • Hwaseung Automotive America Holdings, Inc. 401(k) Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Hwaseung Automotive America Holdings, Inc. 401(k) Plan reported participants rose from 382 in the plan year 2023 filing to 387 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 432004446 · Hwaseung Automotive America Hold PY 2024 · 401(k)

Hwaseung Automotive America Holdings, Inc. 401(k) Plan · $2M · 387 · 31st

  • BOY $2M
  • BOY 387
  • BOY 31st
  • BOY 401(k)
  • BOY near Century Fence Construction Retirement Plan
  • BOY ind #1232

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 Michigan →

Hwaseung Automotive America Holdings, Inc. 401(k) Plan in the asset neighbourhood

Berks Community Health Center 401(k) Profit Sharing Plan & TrustBerks Community Health Cente…$2MHwaseung Automotive America Holdings, Inc. 401(k) PlanHwaseung Automotive America …$2MCentury Fence Construction Retirement PlanCentury Fence Construction R…$2MIn-Shore Technologies, Inc. 401(k) PlanIn-Shore Technologies, Inc. …$2MBhw Management, Inc. 401(k) Retirement PlanBhw Management, Inc. 401(k) …$2M
End-of-year total assets ($M) among Hwaseung Automotive America Holdings, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Hwaseung Automotive America Hold multi-year asset trail

Sponsor-wide plan assets over time

All Hwaseung Automotive America Hold plans reported in each filing year

Latest sponsor-wide plan assets
$2M 46.39255941358564% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M 202220232024 $1.57M $2.3M ▲ +46.5%
Year Plans Participants Total Assets
2022 1 402 $2M
2023 1 382 $2M
2024 1 387 $2M

Hwaseung Automotive America Hold filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$498K
Employer EIN432004446
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Hwaseung Automotive America Holdings, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Hwaseung Automotive America Holdings, Inc. 401(k) Plan, Total assets ($B): 0.002304478 · Participants: 387Hwaseung Automotive America Holdings, Inc. 401(k) 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
Hwaseung Automotive America Holdings, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Hwaseung Automotive America Holdings, Inc. 401(k) Plan side-by-side with 3 peers →

Hwaseung Automotive America Holdings, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Century Fence Construction Retirement Plan in MD ($2M); by covered participants it is Schumacher Homes, Inc. 401(k) Plan in OH (387 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (387 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 Hwaseung Automotive America Holdings, Inc. 401(k) Plan assets move in 2024? ▼
Hwaseung Automotive America Holdings, Inc. 401(k) Plan grew sharply - up 28.6% during 2024, from $2M to $2M. Reported net income was $498K.
How have Hwaseung Automotive America Hold plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hwaseung Automotive America Hold's sponsor-wide assets grew 46.4%, from $2M to $2M.
Which 401(k) plans are similar in size to Hwaseung Automotive America Holdings, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Century Fence Construction Retirement Plan in MD ($2M, 26 participants).
Which 401(k) plans cover a similar participant headcount to Hwaseung Automotive America Holdings, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Schumacher Homes, Inc. 401(k) Plan in OH (387 participants, $35M 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 432004446.

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.