401(k)
2024 plan-year 401(k) DOL Form 5500

Bill Brown Ford, Inc. 401 (K) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Bill Brown Ford, Inc. ยท Michigan ยท Retail Trade

What the 2023 filing shows

Bill Brown Ford, Inc. 401 (K) Plan holds $5M for 276 participants - about $16,994 per participant, down 72.9% over the 2024 plan year.

$5M
total plan assets (2024 EOY)
276
covered participants
$16,994
avg assets per participant
-72.9%
assets change YoY

The plan reported a net loss of $13M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$5M
Participants
276
State
Industry
Retail Trade

What the Filing Says About Bill Brown Ford, Inc. 401 (K) Plan

Bill Brown Ford, Inc. 401 (K) Plan is a 401(k) retirement plan sponsored by Bill Brown Ford, Inc., headquartered in Michigan. As of the 2024 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 276 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 382326648, and the plan has been effective since 1985-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $17M at the beginning of 2024 to $5M at year-end โ€” a decline of 72.9%. Net assets (after liabilities) closed the year at $5M, with reported net income of $-12,603,696 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.

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 โ€” 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.

Financial Summary (2023)

Total Assets (Beginning of Year)$17M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$-12,603,696
Plan Type401(k)
Employer EIN382326648
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bill Brown Ford, Inc.)

Year Plans Participants Total Assets
2022 1 235 $16M
2023 1 243 $17M
2024 1 276 $5M

Nearby 401(k) Plans in Michigan

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Frequently Asked Questions

How much money is in the Bill Brown Ford, Inc. 401 (K) Plan?
As of the 2024 Form 5500 filing, Bill Brown Ford, Inc. 401 (K) Plan holds $5M in total assets with 276 participants. It is sponsored by Bill Brown Ford, Inc..
What type of plan is Bill Brown Ford, Inc. 401 (K) Plan?
Bill Brown Ford, Inc. 401 (K) Plan is a 401(k) plan. It has been effective since 1985-06-01. The plan is filed with the U.S. Department of Labor under EIN 382326648.
Who sponsors the Bill Brown Ford, Inc. 401 (K) Plan?
Bill Brown Ford, Inc. 401 (K) Plan is sponsored by Bill Brown Ford, Inc., located in Michigan. The sponsor's EIN is 382326648 and the plan operates in the Retail Trade industry.
How did Bill Brown Ford, Inc. 401 (K) Plan perform in 2024?
Bill Brown Ford, Inc. 401 (K) Plan declined by 72.9% during 2024, moving from $17M to $5M in total assets. Net income was $-12,603,696.
Where can I find official filings for Bill Brown Ford, Inc. 401 (K) Plan?
Official Form 5500 filings for Bill Brown Ford, Inc. 401 (K) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 382326648 or plan name at efast.dol.gov.
How does Bill Brown Ford, Inc. 401 (K) Plan compare to other plans?
You can compare Bill Brown Ford, Inc. 401 (K) Plan against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 382326648.

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

Reference: IRS Publication 590-B โ€” 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.