401(k) · DOL Form 5500 · 2024
Southgate Automotive, Inc. 401(k) Plan
Data updated 2026-08-25
- $16M
- Total assets Small plan by assets
- 104
- Participants Small participant base
- 66th
- Percentile by assets National rank
- $152,518
- Avg per participant Above avg balance/head
Official DOL plan name: Southgate Automotive, Inc. 401(k) Plan & Trust · Sponsored by Southgate Automotive, Inc. · Michigan · Retail Trade
$16M in assets, 104 participants
Southgate Automotive, Inc.'s Southgate Automotive, Inc. 401(k) Plan & Trust reported $16M in total assets and 104 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.
- #6,148 in Retail Trade (8,048 peers)
Coverage in Michigan
Southgate Automotive, Inc. 401(k) Plan & Trust covers 104 participants in Michigan, about 16% of the average Michigan filer (state average ~638 per filing). Assets: $16M.
- #6,148
- in Retail Trade (8,048 peers)
- +17.4%
- assets growth YoY
Southgate Automotive, Inc. 401(k) Plan & Trust's mid-pack asset rank among Retail Trade and all filers
Southgate Automotive, Inc. 401(k) Plan & Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$15,861,827 Top 34% higher than 66% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Southgate Automotive, Inc. 401(k) Plan & Trust 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. Southgate Automotive, Inc. 401(k) Plan & Trust sits mid-pack in the medium band (104 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Southgate Automotive, Inc. 401(k) Plan & Trust reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Southgate Automotive, Inc. 401(k) Plan & Trust end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.
- Southgate Automotive, Inc. 401(k) Plan & Trust reported participants fell from 107 in the plan year 2023 filing to 104 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 382452677 · Southgate Automotive, Inc. PY 2024 · 401(k)
Southgate Automotive, Inc. 401(k) Plan & Trust · $16M · 104 · 66th
- EBSA $16M
- EBSA 104
- EBSA 66th
- EBSA 401(k)
- EBSA near Accutrans LLC 401(k) Profit Sharing Plan and Trust
- EBSA ind #6148
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 Michigan →
Southgate Automotive, Inc. 401(k) Plan & Trust in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $16M |
| Net Income | $2M |
| Employer EIN | 382452677 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southgate Automotive, Inc.)
Sponsor-wide plan assets over time
All Southgate Automotive, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $16M 35.45282916071104% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 109 | $12M |
| 2023 | 1 | 107 | $14M |
| 2024 | 1 | 104 | $16M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Southgate Automotive, Inc. 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Accutrans LLC 401(k) Profit Sharing Plan and Trust in LA ($16M); by covered participants it is Ahold Ecommerce Sales Company 401(k) Plan in NJ (104 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($16M here).
- Accutrans LLC 401(k) Profit Sharing Plan and Trust (LA) $16M · 371
- Chicago Dryer Company Retirement Plan (IL) $16M · 175
- Extra Sportswear, Ltd. 401(k) Plan (NJ) $16M · 152
- Dan Deery Motor Co. Profit Sharing Plan (IA) $16M · 140
Similar participant headcount
Nearest other-state filings by covered participants (104 participants); asset peers above are excluded.
- Ahold Ecommerce Sales Company 401(k) Plan (NJ) 104 · 0 off
- Mossberg & Company, Inc. Employees' Profit Sharing Plan and Trust (IN) 104 · 0 off
- Latter & Blum Holding, LLC 401(k) Plan (LA) 104 · 0 off
- Cfe Group 401(k) Plan (VA) 104 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.