401(k) · DOL Form 5500 · 2024

Lithia Motors, Inc. 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets
24,675
Participants
98th
Percentile by assets
$41,560
Avg per participant
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Official DOL plan name: Lithia Motors, Inc. 401(k) Plan · Sponsored by Lithia Motors, Inc. · Oregon · Retail Trade

$1.0B in assets, 24,675 participants

Lithia Motors, Inc.'s Lithia Motors, Inc. 401(k) Plan reported $1.0B in total assets and 24,675 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #7,972 in Retail Trade (8,048 peers)

Coverage in Oregon

Lithia Motors, Inc. 401(k) Plan covers 24,675 participants in Oregon, 56x the typical Oregon plan (state average ~443 per filing). Assets: $1.0B.

$1.0B
total plan assets (2024 EOY)
24,675
covered participants
98th
percentile by assets (of 123,622 plans)
$41,560
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lithia Motors, Inc. 401(k) Plan reported net income fell from $235M in the plan year 2023 filing to $163M in the plan year 2024 filing.
  • Lithia Motors, Inc. 401(k) Plan end-of-year assets rose from $862M in the plan year 2023 filing to $1.0B in the plan year 2024 filing.
  • Lithia Motors, Inc. 401(k) Plan reported participants rose from 24,161 in the plan year 2023 filing to 24,675 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Oregon filers

In Oregon, the average filing covers about 443 participants across 1,736 plans. Lithia Motors, Inc. 401(k) Plan reports 24,675 participants - 56x that state average ($1.0B EOY assets).

Oregon filing particulars

Total Assets (Beginning of Year)$862M
Net Assets (End of Year)$1.0B
Net Income$163M
Employer EIN930572810
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lithia Motors, Inc.)

$0.4B$0.6B$0.8B$1B$1.2B 202220232024 $0.63B $1.03B ▲ +63.5%
Total plan assets by year, all Lithia Motors, Inc. plans on file
Year Plans Participants Total Assets
2022 1 21,161 $628M
2023 1 24,161 $862M
2024 1 24,675 $1.0B

Nearby 401(k) Plans in Oregon

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

Lithia Motors, Inc. 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants

Lithia Motors, Inc. 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 02468 Total assets ($B) Participants Lithia Motors, Inc. …401(k) Savings and P…Daimler Truck North …Precision Castparts …Xpo Logistics Retire…Pacificorp K Plus Em…
Lithia Motors, Inc. 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants

Scale composition for Lithia Motors, Inc. 401(k) Plan

Lithia Motors, Inc. 401(k) Plan reports $1.0B in end-of-year assets across 24,675 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $41,560 per participant (30% of the national average assets-per-participant) . Net income for plan year 2024 was $163M.

This plan identity (EIN 930572810, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $628M to $1.0B (+63.3%) while covered participants moved from 21,161 to 24,675 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 21,161 $628M Open filing
2023 24,161 $862M Open filing
2024 · index core 24,675 $1.0B This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lithia Motors, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Lithia Motors, Inc. 401(k) Plan assets move in 2024?
Lithia Motors, Inc. 401(k) Plan grew sharply - up 18.9% during 2024, from $862M to $1.0B. Reported net income was $163M.
How have Lithia Motors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lithia Motors, Inc.'s sponsor-wide assets grew 63.3%, from $628M to $1.0B.
Where does Lithia Motors, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Lithia Motors, Inc. 401(k) Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lithia Motors, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Nvr, Inc. Profit Sharing Plan in VA ($1.0B, 6,515 participants).

Next read for Lithia Motors, Inc. 401(k) Plan

Filing takeaways

Ways to act on Lithia Motors, Inc. 401(k) Plan's numbers.