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

High Gear Auto Inc 401(k) Plan

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

Sponsored by High Gear Auto Inc. Dba Crown Delivery · Minnesota · Transportation & Warehousing

What the 2023 filing shows

High Gear Auto Inc 401(k) Plan holds $506K for 157 participants — about $3,225 per participant, up 66.3% over the 2024 plan year.

$506K
total plan assets (2024 EOY)
157
covered participants
$3,225
avg assets per participant
+66.3%
assets growth YoY
Total Assets (2023)
$506K
Participants
157
State
Industry
Transportation & Warehousing

What the Filing Says About High Gear Auto Inc 401(k) Plan

High Gear Auto Inc 401(k) Plan is a 401(k) retirement plan sponsored by High Gear Auto Inc. Dba Crown Delivery, headquartered in Minnesota. As of the 2024 Form 5500 filing, the plan reports $506K in total end-of-year assets and covers 157 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 203636955, and the plan has been effective since 2023-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $304K at the beginning of 2024 to $506K at year-end — a gain of 66.3%. Net assets (after liabilities) closed the year at $506K, with reported net income of $202K 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 1 prior plan-year filing 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)$304K
Total Assets (End of Year)$506K
Net Assets (End of Year)$506K
Net Income$202K
Plan Type401(k)
Employer EIN203636955
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (High Gear Auto Inc. Dba Crown Delivery)

Year Plans Participants Total Assets
2023 1 162 $304K
2024 1 157 $506K

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Frequently Asked Questions

How much money is in the High Gear Auto Inc 401(k) Plan?
As of the 2024 Form 5500 filing, High Gear Auto Inc 401(k) Plan holds $506K in total assets with 157 participants. It is sponsored by High Gear Auto Inc. Dba Crown Delivery.
What type of plan is High Gear Auto Inc 401(k) Plan?
High Gear Auto Inc 401(k) Plan is a 401(k) plan. It has been effective since 2023-01-01. The plan is filed with the U.S. Department of Labor under EIN 203636955.
Who sponsors the High Gear Auto Inc 401(k) Plan?
High Gear Auto Inc 401(k) Plan is sponsored by High Gear Auto Inc. Dba Crown Delivery, located in Minnesota. The sponsor's EIN is 203636955 and the plan operates in the Transportation & Warehousing industry.
How did High Gear Auto Inc 401(k) Plan perform in 2024?
High Gear Auto Inc 401(k) Plan grew by 66.3% during 2024, moving from $304K to $506K in total assets. Net income was $202K.
Where can I find official filings for High Gear Auto Inc 401(k) Plan?
Official Form 5500 filings for High Gear Auto Inc 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 203636955 or plan name at efast.dol.gov.
How does High Gear Auto Inc 401(k) Plan compare to other plans?
You can compare High Gear Auto Inc 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Minnesota 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 203636955.

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.