Hendrick Automotive Group 401(K) Plan — Form 5500 plan (Hendrick Automotive Group, LLC)
Plain-English plan 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, Hendrick Automotive Group 401(K) Plan is a benefit plan reported by Hendrick Automotive Group, LLC under EIN 56-1794980 and plan number 001. The latest loaded filing year is 2023. The filing reports 10,818 participants and $657,444,684 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$657.4MPlan net assets, end of year$657,444,684
Participants10.8KCovered participants reported10,818
Assets / participant$60.8KComputed: assets ÷ participants$60,773 (computed)
Provider compensation$765.2K4 Schedule C provider row(s)$765,160
- Plan sponsor
- Hendrick Automotive Group, LLC
- EIN
- 56-1794980
- Plan number
- 001
- Plan type
- 2
- Location
- Charlotte, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 10,818 | H, C | 20241007120906NAL0007554771001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$657.4M total assets
Net assets$657.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $657,444,684
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $657,444,684
- Net assets (BOY)
- $530,938,043
Income & contributions
- Employer contributions
- $13,512,187
- Participant contributions
- $62,115,276
- Total contributions
- $77,581,382
- Total income / additions
- $173,729,618
Expenses & distributions
- Benefits paid
- $46,448,209
- Administrative expenses
- $768,011
- Total expenses
- $47,222,977
- Net increase / (decrease)
- $126,506,641
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
18%82%
Employer 18%Participant 82%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $516,264 | $0 | 2023 |
| Vanguard Advisers Inc. | NONE | $159,896 | not reported in the loaded dataset | 2023 |
| Creative Planning LLC | NONE | $65,000 | not reported in the loaded dataset | 2023 |
| Forvis Llp | NONE | $24,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hendrick Automotive Group, LLC
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Charlotte, NC
- The Vanguard Group, Inc. — Schedule C compensation
- Vanguard Advisers Inc. — Schedule C compensation
- Creative Planning LLC — Schedule C compensation
- Forvis Llp — Schedule C compensation