401(k) · DOL Form 5500 · 2024

Ray Laethem Buick Gmc, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
130
Participants Small participant base
42nd
Percentile by assets National rank
$37,540
Avg per participant Low balance/head
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Official DOL plan name: Ray Laethem Buick Gmc, Inc. 401(k) Plan · Sponsored by Ray Laethem Buick Gmc, Inc. · Michigan · Retail Trade

$5M in assets, 130 participants

Ray Laethem Buick Gmc, Inc.'s Ray Laethem Buick Gmc, Inc. 401(k) Plan reported $5M in total assets and 130 participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,212 in Retail Trade (8,048 peers)

Coverage in Michigan

Ray Laethem Buick Gmc, Inc. 401(k) Plan covers 130 participants in Michigan, about 20% of the average Michigan filer (state average ~638 per filing). Assets: $5M.

#4,212
in Retail Trade (8,048 peers)
-28.5%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ray Laethem Buick Gmc, Inc. 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Ray Laethem Buick Gmc, Inc. 401(k) Plan vs every filed plan by assets

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

$4,880,262 42nd percentile higher than 42% 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

Ray Laethem Buick Gmc, Inc. 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. Ray Laethem Buick Gmc, Inc. 401(k) Plan sits mid-pack in the medium band (130 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ray Laethem Buick Gmc, Inc. 401(k) Plan reported net income fell from $796K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Ray Laethem Buick Gmc, Inc. 401(k) Plan end-of-year assets fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Ray Laethem Buick Gmc, Inc. 401(k) Plan reported participants fell from 133 in the plan year 2023 filing to 130 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 382329266 · Ray Laethem Buick Gmc, Inc. PY 2024 · 401(k)

Ray Laethem Buick Gmc, Inc. 401(k) Plan · $5M · 130 · 42nd

  • ASSETS $5M
  • PCT 130
  • EIN 42nd
  • RANK 401(k)
  • PHOTO near Simpson Nurseries, Laa 401(k) Profit Sharing Plan
  • IND ind #4212

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 →

Ray Laethem Buick Gmc, Inc. 401(k) Plan in the asset neighbourhood

Ray Laethem Buick Gmc, Inc. 401(k) PlanRay Laethem Buick Gmc, Inc. …$5MSimpson Nurseries, Laa 401(k) Profit Sharing PlanSimpson Nurseries, Laa 401(k…$5MAdvancing Practitioners 401(k)Advancing Practitioners 401(…$5MDoor Controls USA, Inc. 401(k) PlanDoor Controls USA, Inc. 401(…$5MThe Collaborative Inc, 401(k)/Profit Sharing PlanThe Collaborative Inc, 401(k…$5M
End-of-year total assets ($M) among Ray Laethem Buick Gmc, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$2M
Employer EIN382329266
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ray Laethem Buick Gmc, Inc.)

Sponsor-wide plan assets over time

All Ray Laethem Buick Gmc, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 19.426911749798332% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $6.06M $4.88M ▼ -19.5%
Year Plans Participants Total Assets
2022 1 127 $6M
2023 1 133 $7M
2024 1 130 $5M

Nearby 401(k) Plans in Michigan

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

Ray Laethem Buick Gmc, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Ray Laethem Buick Gmc, Inc. 401(k) Plan, Total assets ($B): 0.004880262 · Participants: 130Ray Laethem Buick Gmc, Inc. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Ray Laethem Buick Gmc, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Ray Laethem Buick Gmc, Inc. 401(k) Plan side-by-side with 3 peers →

Ray Laethem Buick Gmc, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Simpson Nurseries, Laa 401(k) Profit Sharing Plan in FL ($5M); by covered participants it is Ameristar Home Care Services L 401(k) Profit Sharing Plan & Trust in NY (130 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (130 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 Ray Laethem Buick Gmc, Inc. 401(k) Plan assets move in 2024? ▼
Ray Laethem Buick Gmc, Inc. 401(k) Plan declined sharply - down 28.5% during 2024, from $7M to $5M. Reported net income was -$2M.
How have Ray Laethem Buick Gmc, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ray Laethem Buick Gmc, Inc.'s sponsor-wide assets declined 19.4%, from $6M to $5M.
Which 401(k) plans are similar in size to Ray Laethem Buick Gmc, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Simpson Nurseries, Laa 401(k) Profit Sharing Plan in FL ($5M, 37 participants).
Which 401(k) plans cover a similar participant headcount to Ray Laethem Buick Gmc, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ameristar Home Care Services L 401(k) Profit Sharing Plan & Trust in NY (130 participants, $21K in assets).

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 382329266.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.