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

Anderson Automotive Group 401(k) and Profit Sharing Plan

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

Sponsored by Anderson Automotive Group, Inc · Maryland · Retail Trade

What the 2023 filing shows

Anderson Automotive Group 401(k) and Profit Sharing Plan holds $14M for 119 participants — about $115,407 per participant, up 13.2% over the 2024 plan year.

$14M
total plan assets (2024 EOY)
119
covered participants
$115,407
avg assets per participant
+13.2%
assets growth YoY
Total Assets (2023)
$14M
Participants
119
State
Industry
Retail Trade

What the Filing Says About Anderson Automotive Group 401(k) and Profit Sharing Plan

Anderson Automotive Group 401(k) and Profit Sharing Plan is a 401(k) retirement plan sponsored by Anderson Automotive Group, Inc, headquartered in Maryland. As of the 2024 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 119 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 520541407, and the plan has been effective since 1972-12-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2024 to $14M at year-end — a gain of 13.2%. Net assets (after liabilities) closed the year at $14M, with reported net income of $2M 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)$12M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$2M
Plan Type401(k)
Employer EIN520541407
Plan Effective Date1972-12-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Anderson Automotive Group, Inc)

Year Plans Participants Total Assets
2022 1 133 $10M
2023 1 116 $12M
2024 1 119 $14M

Nearby 401(k) Plans in Maryland

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Frequently Asked Questions

How much money is in the Anderson Automotive Group 401(k) and Profit Sharing Plan?
As of the 2024 Form 5500 filing, Anderson Automotive Group 401(k) and Profit Sharing Plan holds $14M in total assets with 119 participants. It is sponsored by Anderson Automotive Group, Inc.
What type of plan is Anderson Automotive Group 401(k) and Profit Sharing Plan?
Anderson Automotive Group 401(k) and Profit Sharing Plan is a 401(k) plan. It has been effective since 1972-12-30. The plan is filed with the U.S. Department of Labor under EIN 520541407.
Who sponsors the Anderson Automotive Group 401(k) and Profit Sharing Plan?
Anderson Automotive Group 401(k) and Profit Sharing Plan is sponsored by Anderson Automotive Group, Inc, located in Maryland. The sponsor's EIN is 520541407 and the plan operates in the Retail Trade industry.
How did Anderson Automotive Group 401(k) and Profit Sharing Plan perform in 2024?
Anderson Automotive Group 401(k) and Profit Sharing Plan grew by 13.2% during 2024, moving from $12M to $14M in total assets. Net income was $2M.
Where can I find official filings for Anderson Automotive Group 401(k) and Profit Sharing Plan?
Official Form 5500 filings for Anderson Automotive Group 401(k) and Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 520541407 or plan name at efast.dol.gov.
How does Anderson Automotive Group 401(k) and Profit Sharing Plan compare to other plans?
You can compare Anderson Automotive Group 401(k) and Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Maryland 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 520541407.

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.