2023 Form 5500 filing — Sonic Automotive, Inc. 401(K) Plan & Trust

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240919144052NAL0002414051001) for Sonic Automotive, Inc. 401(K) Plan & Trust, reported by Sonic Automotive, Inc. under EIN 56-2010790 and plan number 001. It reports 10,854 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$491MReported net assets$490,957,282
Participants10.9K10,854
Provider compensation$322.9K2 Schedule C row(s)$322,902
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240919144052NAL0002414051001
Plan sponsor
Sonic Automotive, Inc.
EIN
56-2010790
Plan number
001
Location
Charlotte, NC
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$491M total assets
Net assets$491MLiabilities$0
Money in vs. money out
Total income / additions$113.1M
Total expenses$43.4M
Benefits paid / distributions$42.6M
Contributions
Employer$7.8M
Participant$33.3M
Full reported line items
Total assets (EOY)
$490,957,282
Total liabilities (EOY)
$0
Net assets (EOY)
$490,957,282
Employer contributions
$7,819,537
Participant contributions
$33,295,473
Total income / additions
$113,145,854
Benefits paid
$42,604,278
Administrative expenses
$322,902
Total expenses
$43,372,951
Net increase / (decrease)
$69,772,903
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $252.9K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $70K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240919144052NAL0002414051001 cover?
It is the 2023 Form 5500 filing for Sonic Automotive, Inc. 401(K) Plan & Trust, reported by Sonic Automotive, Inc. (EIN 56-2010790).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages