401(k) · DOL Form 5500 · 2024

South Motors of Dade County 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
864
Participants Near avg headcount
50th
Percentile by assets National rank
$8,825
Avg per participant Low balance/head
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Official DOL plan name: South Motors of Dade County 401(k) Plan · Sponsored by South Motors of Dade County · Florida · Retail Trade

$8M in assets, 864 participants

South Motors of Dade County's South Motors of Dade County 401(k) Plan reported $8M in total assets and 864 participants in its 2024 DOL Form 5500 filing, ranking in the 50th 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.

  • #4,834 in Retail Trade (8,048 peers)

South Motors of Dade County multi-year trail

South Motors of Dade County's plans moved -40.3% in assets from 2022 to 2024; this filing shows South Motors of Dade County 401(k) Plan at $8M / 864 participants.

#4,834
in Retail Trade (8,048 peers)
-45.2%
assets change YoY

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

South Motors of Dade County 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

South Motors of Dade County 401(k) Plan vs every filed plan by assets

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

$7,624,745 Top 50% higher than 50% 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

South Motors of Dade County 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. South Motors of Dade County 401(k) Plan sits mid-pack in the medium band (864 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • South Motors of Dade County 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to -$6M in the plan year 2024 filing.
  • South Motors of Dade County 401(k) Plan end-of-year assets fell from $14M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • South Motors of Dade County 401(k) Plan reported participants rose from 848 in the plan year 2023 filing to 864 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 590788556 · South Motors of Dade County PY 2024 · 401(k)

South Motors of Dade County 401(k) Plan · $8M · 864 · 50th

  • EOY $8M
  • 5500 864
  • ASSETS 50th
  • PCT 401(k)
  • EIN near Carstens, Inc. Employees' Profit Sharing and 401(k) Plan and Trust
  • RANK ind #4834

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 Florida →

South Motors of Dade County 401(k) Plan in the asset neighbourhood

South Motors of Dade County 401(k) PlanSouth Motors of Dade County …$8MCarstens, Inc. Employees' Profit Sharing and 401(k) Plan and TrustCarstens, Inc. Employees' Pr…$8MRidg-U-Rak Inc 401(k) Profit Sharing Plan & TrustRidg-U-Rak Inc 401(k) Profit…$8MCommunity Auto Group 401(k) PlanCommunity Auto Group 401(k) …$8MParagon Salons, Inc. 401(k) PlanParagon Salons, Inc. 401(k) …$8M
End-of-year total assets ($M) among South Motors of Dade County 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

South Motors of Dade County multi-year asset trail

Sponsor-wide plan assets over time

All South Motors of Dade County plans reported in each filing year

Latest sponsor-wide plan assets
$8M 40.30153703824337% vs 2022
2024 filing year
$6M$8M$10M$12M$14M$16M 202220232024 $12.8M $7.62M ▼ -40.3%
Year Plans Participants Total Assets
2022 1 790 $13M
2023 1 848 $14M
2024 1 864 $8M

South Motors of Dade County filing trail (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$8M
Net Income-$6M
Employer EIN590788556
Plan Effective Date2001-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Florida

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

South Motors of Dade County 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants South Motors of Dade County 401(k) Plan, Total assets ($B): 0.007624745 · Participants: 864South Motors of Dade County 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
South Motors of Dade County 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

South Motors of Dade County 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Carstens, Inc. Employees' Profit Sharing and 401(k) Plan and Trust in IL ($8M); by covered participants it is E.a. Sween Company Employee Retirement Plan in MN (864 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (864 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 South Motors of Dade County 401(k) Plan assets move in 2024?
South Motors of Dade County 401(k) Plan contracted severely - down 45.2% during 2024, from $14M to $8M. Reported net income was -$6M.
How have South Motors of Dade County plan assets changed over time?
Across 3 plan years on file (2022-2024), South Motors of Dade County's sponsor-wide assets declined 40.3%, from $13M to $8M.
Which 401(k) plans are similar in size to South Motors of Dade County 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Carstens, Inc. Employees' Profit Sharing and 401(k) Plan and Trust in IL ($8M, 31 participants).
Which 401(k) plans cover a similar participant headcount to South Motors of Dade County 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is E.a. Sween Company Employee Retirement Plan in MN (864 participants, $48M in assets).