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

Braman Dealerships 401(k) Plan

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

Sponsored by Braman Motors, Inc. · Florida · Retail Trade

What the 2023 filing shows

Braman Dealerships 401(k) Plan holds $67M for 2,201 participants — about $30,263 per participant, up 17.9% over the 2024 plan year.

$67M
total plan assets (2024 EOY)
2,201
covered participants
$30,263
avg assets per participant
+17.9%
assets growth YoY
Total Assets (2023)
$67M
Participants
2,201
State
Industry
Retail Trade

What the Filing Says About Braman Dealerships 401(k) Plan

Braman Dealerships 401(k) Plan is a 401(k) retirement plan sponsored by Braman Motors, Inc., headquartered in Florida. As of the 2024 Form 5500 filing, the plan reports $67M in total end-of-year assets and covers 2,201 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 650700829, and the plan has been effective since 1994-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $57M at the beginning of 2024 to $67M at year-end — a gain of 17.9%. Net assets (after liabilities) closed the year at $67M, with reported net income of $10M 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)$57M
Total Assets (End of Year)$67M
Net Assets (End of Year)$67M
Net Income$10M
Plan Type401(k)
Employer EIN650700829
Plan Effective Date1994-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Braman Motors, Inc.)

Year Plans Participants Total Assets
2022 1 1,941 $46M
2023 1 1,950 $57M
2024 1 2,201 $67M

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Frequently Asked Questions

How much money is in the Braman Dealerships 401(k) Plan?
As of the 2024 Form 5500 filing, Braman Dealerships 401(k) Plan holds $67M in total assets with 2,201 participants. It is sponsored by Braman Motors, Inc..
What type of plan is Braman Dealerships 401(k) Plan?
Braman Dealerships 401(k) Plan is a 401(k) plan. It has been effective since 1994-11-01. The plan is filed with the U.S. Department of Labor under EIN 650700829.
Who sponsors the Braman Dealerships 401(k) Plan?
Braman Dealerships 401(k) Plan is sponsored by Braman Motors, Inc., located in Florida. The sponsor's EIN is 650700829 and the plan operates in the Retail Trade industry.
How did Braman Dealerships 401(k) Plan perform in 2024?
Braman Dealerships 401(k) Plan grew by 17.9% during 2024, moving from $57M to $67M in total assets. Net income was $10M.
Where can I find official filings for Braman Dealerships 401(k) Plan?
Official Form 5500 filings for Braman Dealerships 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 650700829 or plan name at efast.dol.gov.
How does Braman Dealerships 401(k) Plan compare to other plans?
You can compare Braman Dealerships 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Florida 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 650700829.

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.