401(k) · DOL Form 5500 · 2024

Yokem Motors, LLC 401(k) Profit Sharing Plan

Data updated 2026-05-15

$12M
Total assets
130
Participants
59th
Percentile by assets
$88,725
Avg per participant

Sponsored by Yokem Motors, L.L.C. · Louisiana · Retail Trade

What the 2024 filing shows

Yokem Motors, LLC 401(k) Profit Sharing Plan holds $12M for 130 participants - about $88,725 per participant, above the median plan by assets, down 1.5% over the 2024 plan year.

$12M
total plan assets (2024 EOY)
130
covered participants
59th
percentile by assets (of 116,472 plans)
$88,725
avg assets per participant

The plan reported a net loss of $169K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Retail Trade

401(k) · DOL Form 5500 · 2024

What the Filing Says About Yokem Motors, LLC 401(k) Profit Sharing Plan

Yokem Motors, LLC 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Yokem Motors, L.L.C., headquartered in Louisiana. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $12M in total end-of-year assets and covers 130 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 720693003, and the plan has been effective since 1971-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged down modestly from $12M at the beginning of 2024 to $12M at year-end - down 1.5%. Net assets (after liabilities) closed the year at $12M, with reported net income of -$169K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Yokem Motors, L.L.C. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $10M to $12M, a gain of 11.7%, while reported participants moved from 119 to 130 (+9.2%). The strongest year on file by total sponsor assets was 2023 at $12M; the softest was 2022 at $10M. Year-by-year, sponsor-wide filings show: 2022 - $10M in assets across 1 plan covering 119 participants; 2023 - $12M in assets across 1 plan covering 131 participants; 2024 - $12M in assets across 1 plan covering 130 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Yokem Motors, LLC 401(k) Profit Sharing Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$12M
Net Assets (End of Year)$12M
Net Income-$169K
Plan Type401(k)
Employer EIN720693003
Plan Effective Date1971-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Yokem Motors, L.L.C.)

Year Plans Participants Total Assets
2022 1 119 $10M
2023 1 131 $12M
2024 1 130 $12M

Nearby 401(k) Plans in Louisiana

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

Frequently Asked Questions

How much money is in the Yokem Motors, LLC 401(k) Profit Sharing Plan?
As of the 2024 Form 5500 filing, Yokem Motors, LLC 401(k) Profit Sharing Plan holds $12M in total assets with 130 participants. It is sponsored by Yokem Motors, L.L.C..
What type of plan is Yokem Motors, LLC 401(k) Profit Sharing Plan?
Yokem Motors, LLC 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1971-10-01. The plan is filed with the U.S. Department of Labor under EIN 720693003.
Who sponsors the Yokem Motors, LLC 401(k) Profit Sharing Plan?
Yokem Motors, LLC 401(k) Profit Sharing Plan is sponsored by Yokem Motors, L.L.C., located in Louisiana. The sponsor's EIN is 720693003 and the plan operates in the Retail Trade industry.
How did Yokem Motors, LLC 401(k) Profit Sharing Plan perform in 2024?
Yokem Motors, LLC 401(k) Profit Sharing Plan edged down modestly - down 1.5% during 2024, moving from $12M to $12M in total assets. Net income was -$169K.

What this filing means

Ways to act on Yokem Motors, LLC 401(k) Profit Sharing Plan's numbers.

  • By total assets, Yokem Motors, LLC 401(k) Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Louisiana. Compare plans
  • Yokem Motors, L.L.C.'s sponsor-wide assets have grown 11.7% since 2022 across 3 plan years on file. More Retail Trade plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 720693003.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.