401(k) · DOL Form 5500 · 2024

Ferman Motor Car Company, Inc. 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
875
Participants Near avg headcount
81st
Percentile by assets National rank
$45,835
Avg per participant Low balance/head
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Official DOL plan name: Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan · Sponsored by Ferman Motor Car Company, Inc. · Florida · Retail Trade

$40M in assets, 875 participants

Ferman Motor Car Company, Inc.'s Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan reported $40M in total assets and 875 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,184 in Retail Trade (8,048 peers)

Where Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan sits by assets

Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $40M for 875 participants (~$45,835/participant), up 15.8% in 2024.

#7,184
in Retail Trade (8,048 peers)
+15.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan's outsized position by total assets

Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan vs every filed plan by assets

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

$40,105,812 Top 19% higher than 81% 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

Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings 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. Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan sits mid-pack in the medium band (875 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan end-of-year assets rose from $35M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan reported net income rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan reported participants rose from 801 in the plan year 2023 filing to 875 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 590240570 · Ferman Motor Car Company, Inc. PY 2024 · 401(k)

Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan · $40M · 875 · 81st

  • PART $40M
  • PART 875
  • PART 81st
  • PART 401(k)
  • PART near Delaware Electric Cooperative, Inc. 401(k) Savings Plan B
  • PART ind #7184

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 →

Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan in the asset neighbourhood

Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings PlanFerman Motor Car Company and…$40MDelaware Electric Cooperative, Inc. 401(k) Savings Plan BDelaware Electric Cooperativ…$40MPrager Metis Cpas, LLC 401(k) Savings Plan IPrager Metis Cpas, LLC 401(k…$40MMcc, Inc. 401(k) Profit Sharing PlanMcc, Inc. 401(k) Profit Shar…$40MHomestead Funding Corp. 401(k) PlanHomestead Funding Corp. 401(…$40M
End-of-year total assets ($M) among Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$40M
Net Income$5M
Employer EIN590240570
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ferman Motor Car Company, Inc.)

Sponsor-wide plan assets over time

All Ferman Motor Car Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 34.978767652142615% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $29.7M $40.1M ▲ +35.0%
Year Plans Participants Total Assets
2022 1 881 $30M
2023 1 801 $35M
2024 1 875 $40M

Nearby 401(k) Plans in Florida

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

Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan, Total assets ($B): 0.040105812 · Participants: 875Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings 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
Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Delaware Electric Cooperative, Inc. 401(k) Savings Plan B in DE ($40M); by covered participants it is First Security Bancorp 401(k) Plan in AR (875 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (875 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 Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan assets move in 2024?
Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan grew sharply - up 15.8% during 2024, from $35M to $40M. Reported net income was $5M.
How have Ferman Motor Car Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ferman Motor Car Company, Inc.'s sponsor-wide assets grew 35.0%, from $30M to $40M.
Where does Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan rank by assets among Form 5500 filers?
Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Delaware Electric Cooperative, Inc. 401(k) Savings Plan B in DE ($40M, 102 participants).
Which 401(k) plans cover a similar participant headcount to Ferman Motor Car Company and Affiliated Dealerships 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is First Security Bancorp 401(k) Plan in AR (875 participants, $84M in assets).