401(k) · DOL Form 5500 · 2024

Murgado Motor Werks LLC 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
319
Participants Below avg headcount
29th
Percentile by assets National rank
$5,895
Avg per participant Low balance/head
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Official DOL plan name: Motor Werks 401(k) Plan · Sponsored by Murgado Motor Werks LLC · Illinois · Retail Trade

$2M in assets, 319 participants

Murgado Motor Werks LLC's Motor Werks 401(k) Plan reported $2M in total assets and 319 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #3,336 in Retail Trade (8,048 peers)

Coverage in Illinois

Motor Werks 401(k) Plan covers 319 participants in Illinois, about 41% of the average Illinois filer (state average ~779 per filing). Assets: $2M.

#3,336
in Retail Trade (8,048 peers)
-87.4%
assets change YoY

Motor Werks 401(k) Plan among the smaller filed plans by assets

Motor Werks 401(k) Plan vs every filed plan by assets

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

$1,880,578 29th percentile higher than 29% 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

Motor Werks 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. Motor Werks 401(k) Plan sits mid-pack in the medium band (319 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Motor Werks 401(k) Plan end-of-year assets fell from $15M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Motor Werks 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Motor Werks 401(k) Plan reported participants rose from 315 in the plan year 2023 filing to 319 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 921197270 · Murgado Motor Werks LLC PY 2024 · 401(k)

Motor Werks 401(k) Plan · $2M · 319 · 29th

  • EIN $2M
  • RANK 319
  • PHOTO 29th
  • IND 401(k)
  • EOY near Bow Engineering & Development, Inc. 401(k) Retirement Savings Plan
  • 5500 ind #3336

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 Illinois →

Motor Werks 401(k) Plan in the asset neighbourhood

Motor Werks 401(k) Plan$2MBow Engineering & Development, Inc. 401(k) Retirement Savings PlanBow Engineering & Developmen…$2MTracer 401(k) Plan$2MExusia Inc 401(k) Profit Sharing Plan & TrustExusia Inc 401(k) Profit Sha…$2MMy-Con, Inc. Profit-Sharing 401(k) PlanMy-Con, Inc. Profit-Sharing …$2M
End-of-year total assets ($M) among Motor Werks 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$1K
Net Income$1M
Employer EIN921197270
Plan Effective Date1990-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Murgado Motor Werks LLC)

Sponsor-wide plan assets over time

All Murgado Motor Werks LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2M 87.4152303191701% vs 2023
2024 filing year
$0M$5M$10M$15M$20M 20232024 $14.9M $1.88M ▼ -87.4%
Year Plans Participants Total Assets
2023 1 315 $15M
2024 1 319 $2M

Nearby 401(k) Plans in Illinois

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

Motor Werks 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Motor Werks 401(k) Plan, Total assets ($B): 0.001880578 · Participants: 319Motor Werks 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Motor Werks 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Motor Werks 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Bow Engineering & Development, Inc. 401(k) Retirement Savings Plan in HI ($2M); by covered participants it is Northern Clearing 401(k) Plan in WI (319 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (319 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 Motor Werks 401(k) Plan assets move in 2024?
Motor Werks 401(k) Plan contracted severely - down 87.4% during 2024, from $15M to $2M. Reported net income was $1M.
How have Murgado Motor Werks LLC plan assets changed over time?
Across 2 plan years on file (2023-2024), Murgado Motor Werks LLC's sponsor-wide assets declined 87.4%, from $15M to $2M.
Which 401(k) plans are similar in size to Motor Werks 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bow Engineering & Development, Inc. 401(k) Retirement Savings Plan in HI ($2M, 9 participants).
Which 401(k) plans cover a similar participant headcount to Motor Werks 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Northern Clearing 401(k) Plan in WI (319 participants, $26M in assets).