Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Retirement Savings Plan for Employees of Continental-Bestdrive, LLC

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

Sponsored by Bestdrive, LLC · South Carolina · Retail Trade

What the 2023 filing shows

Retirement Savings Plan for Employees of Continental-Bestdrive, LLC holds $16M for 333 participants — about $48,045 per participant, up 22.8% over the 2024 plan year.

$16M
total plan assets (2024 EOY)
333
covered participants
$48,045
avg assets per participant
+22.8%
assets growth YoY
Total Assets (2023)
$16M
Participants
333
Industry
Retail Trade

What the Filing Says About Retirement Savings Plan for Employees of Continental-Bestdrive, LLC

Retirement Savings Plan for Employees of Continental-Bestdrive, LLC is a Profit Sharing retirement plan sponsored by Bestdrive, LLC, headquartered in South Carolina. As of the 2024 Form 5500 filing, the plan reports $16M in total end-of-year assets and covers 333 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 465177960, and the plan has been effective since 2014-06-09. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $13M at the beginning of 2024 to $16M at year-end — a gain of 22.8%. Net assets (after liabilities) closed the year at $16M, with reported net income of $3M 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 — 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)$13M
Total Assets (End of Year)$16M
Net Assets (End of Year)$16M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN465177960
Plan Effective Date2014-06-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Bestdrive, LLC)

Year Plans Participants Total Assets
2022 1 321 $11M
2023 1 339 $13M
2024 1 333 $16M

Nearby Profit Sharing Plans in South Carolina

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Retirement Savings Plan for Employees of Continental-Bestdrive, LLC?
As of the 2024 Form 5500 filing, Retirement Savings Plan for Employees of Continental-Bestdrive, LLC holds $16M in total assets with 333 participants. It is sponsored by Bestdrive, LLC.
What type of plan is Retirement Savings Plan for Employees of Continental-Bestdrive, LLC?
Retirement Savings Plan for Employees of Continental-Bestdrive, LLC is a Profit Sharing plan. It has been effective since 2014-06-09. The plan is filed with the U.S. Department of Labor under EIN 465177960.
Who sponsors the Retirement Savings Plan for Employees of Continental-Bestdrive, LLC?
Retirement Savings Plan for Employees of Continental-Bestdrive, LLC is sponsored by Bestdrive, LLC, located in South Carolina. The sponsor's EIN is 465177960 and the plan operates in the Retail Trade industry.
How did Retirement Savings Plan for Employees of Continental-Bestdrive, LLC perform in 2024?
Retirement Savings Plan for Employees of Continental-Bestdrive, LLC grew by 22.8% during 2024, moving from $13M to $16M in total assets. Net income was $3M.
Where can I find official filings for Retirement Savings Plan for Employees of Continental-Bestdrive, LLC?
Official Form 5500 filings for Retirement Savings Plan for Employees of Continental-Bestdrive, LLC are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 465177960 or plan name at efast.dol.gov.
How does Retirement Savings Plan for Employees of Continental-Bestdrive, LLC compare to other plans?
You can compare Retirement Savings Plan for Employees of Continental-Bestdrive, LLC against other Profit Sharing plans on the plan type page, or view plans in South Carolina 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) — original filing retrieval by EIN 465177960.

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.