401(k) · DOL Form 5500 · 2024

Bmw of North America, LLC 401(k) Plan

Data updated 2026-07-24

$2.3B
Total assets
12,934
Participants
99th
Percentile by assets
$181,055
Avg per participant
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Official DOL plan name: Bmw Savings Plan · Sponsored by Bmw of North America, LLC · New Jersey · Wholesale Trade

$2.3B in assets, 12,934 participants

Bmw of North America, LLC's Bmw Savings Plan reported $2.3B in total assets and 12,934 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in New Jersey

Bmw Savings Plan covers 12,934 participants in New Jersey, 15x the typical New Jersey plan (state average ~865 per filing). Assets: $2.3B.

$2.3B
total plan assets (2024 EOY)
12,934
covered participants
99th
percentile by assets (of 116,472 plans)
$181,055
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bmw Savings Plan end-of-year assets rose from $2.0B in the plan year 2023 filing to $2.3B in the plan year 2024 filing.
  • Bmw Savings Plan reported participants rose from 12,280 in the plan year 2023 filing to 12,934 in the plan year 2024 filing.
  • Bmw Savings Plan reported net income fell from $357M in the plan year 2023 filing to $339M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Bmw Savings Plan reports 12,934 participants - 15x that state average ($2.3B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$2.3B
Net Income$339M
Employer EIN222139469
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bmw of North America, LLC)

$2B$2.5B$3B$3.5B 202220232024 $2.35B $3.03B ▲ +28.9%
Total plan assets by year, all Bmw of North America, LLC plans on file
Year Plans Participants Total Assets
2022 2 13,194 $2.3B
2023 2 13,722 $2.7B
2024 2 14,315 $3.0B

Nearby 401(k) Plans in New Jersey

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

Bmw Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Bmw Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -200204060 Total assets ($B) Participants Bmw Savings PlanJPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Bmw Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bmw Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Bmw Savings Plan assets move in 2024?
Bmw Savings Plan grew sharply - up 16.9% during 2024, from $2.0B to $2.3B. Reported net income was $339M.
How have Bmw of North America, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Bmw of North America, LLC's sponsor-wide assets grew 29.4%, from $2.3B to $3.0B.
Where does Bmw Savings Plan rank by assets among Form 5500 filers?
Bmw Savings Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Bmw Savings Plan?
Among 401(k) plans in other states, the closest by assets is Global Payments Inc. 401(k) Plan in GA ($2.3B, 13,572 participants).

Filing takeaways

Ways to act on Bmw Savings Plan's numbers.

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 222139469.

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