Industry · Form 5500 business code 423100
Motor Vehicle, & Motor Vehicle Parts & Supplies: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
237 retirement plans in motor vehicle, & motor vehicle parts & supplies with 100 or more participants filed Form 5500 for plan year 2024 (222 defined contribution, 15 defined benefit). All Form 5500 pension filers in the group reported 414,921 participant records and $49.6B in net assets.
The median defined contribution plan held $48,721 per participant, below the national median of $53,031, and its employer put in $1,565 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $140 per participant against $123 nationally.
Employers contributed $1.24B and participants $1.48B during the year, and the plans paid out $4.22B in benefits.
In 2009 the same group numbered 276 plans with $13.7B; by 2024 it was 237 plans (down 14%) and $49.6B (up 263%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $48,721 | $53,031 | $125,878 | $86,234 |
| Employer contributions per active participant | $1,565 | $2,174 | $9,971 | $10,244 |
| Schedule C compensation per participant | $140 | $123 | $440 | $344 |
| Schedule C compensation, share of net assets | 0.33% | 0.26% | 0.32% | 0.42% |
| Administrative expenses per participant | $138 | $116 | $554 | $527 |
Medians across plans with 100 or more participants (212 DC and 15 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $28,499 | $48,721 | $80,048 | 212 |
| Employer contributions per active participant | $783 | $1,565 | $2,987 | 208 |
| Schedule C compensation per participant | $61.04 | $140 | $251 | 200 |
| Administrative expenses per participant | $60.83 | $138 | $238 | 204 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 33 | 59,237 | $5.35B | $153M | $210M | $62,787 | $198 |
| 2024 | 237 | 414,921 | $49.6B | $1.24B | $1.48B | $48,721 | $140 |
| 2023 | 243 | 414,450 | $45.9B | $1.14B | $1.36B | $43,811 | $113 |
| 2022 | 277 | 404,160 | $40.1B | $1.10B | $1.26B | $37,350 | $113 |
| 2021 | 273 | 388,184 | $49.2B | $986M | $1.13B | $44,571 | $125 |
| 2020 | 283 | 378,197 | $44.8B | $1.04B | $1.04B | $41,906 | $104 |
| 2019 | 282 | 389,844 | $40.4B | $1.06B | $1.05B | $36,467 | $92.64 |
| 2018 | 274 | 356,474 | $26.3B | $854M | $708M | $32,038 | $80.51 |
| 2017 | 270 | 359,165 | $27.3B | $882M | $662M | $34,431 | $73.13 |
| 2016 | 268 | 438,106 | $30.6B | $1.01B | $827M | $31,568 | $51.93 |
| 2015 | 263 | 349,802 | $23.7B | $756M | $638M | $31,636 | $43.53 |
| 2014 | 262 | 347,114 | $24.0B | $686M | $599M | $34,424 | $42.72 |
| 2013 | 259 | 368,703 | $22.5B | $816M | $550M | $32,197 | $29.06 |
| 2012 | 257 | 363,950 | $19.0B | $720M | $502M | $25,838 | $30.30 |
| 2011 | 253 | 360,302 | $16.8B | $704M | $460M | $25,589 | $31.13 |
| 2010 | 260 | 355,887 | $16.4B | $1.30B | $422M | $27,035 | $30.52 |
| 2009 | 276 | 361,077 | $13.7B | $779M | $415M | $20,506 | $27.16 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 240 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 240 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Toyota Motor North America, Inc. Retirement Savings Plan | Toyota Motor North America, Inc. | TX | DC | 52,440 | $13.3B | $254,461 | $8,679 | $32.59 |
| Genuine Parts Company 401(k) Savings Plan | Genuine Parts Company | GA | DC | 42,220 | $2.88B | $68,313 | $2,613 | $94.98 |
| Bosch Savings Incentive Plan | Robert Bosch LLC | IL | DC | 19,703 | $4.59B | $232,768 | $9,530 | $179 |
| Bosch Pension Plan | Robert Bosch LLC | MI | DB | 18,276 | $1.46B | $80,101 | — | $5.63 |
| Genuine Parts Company Pension Plan | Genuine Parts Company | GA | DB | 15,587 | $1.96B | $125,878 | — | $369 |
| BMW Savings Plan | BMW of North America, LLC | NJ | DC | 14,552 | $2.34B | $160,881 | $7,599 | $114 |
| Toyota Motor Sales, U.S.A., Inc. Pension Plan | Toyota Motor North America, Inc. | TX | DB | 14,281 | $4.47B | $312,860 | — | $727 |
| Volkswagen Group of America, Inc. Defined Contribution and Savings Plan | Volkswagen Group of America, Inc. | VA | DC | 10,627 | $1.60B | $150,686 | $7,650 | $181 |
| Nissan Employee Retirement Plan | Nissan North America, Inc. | TN | DB | 10,503 | $1.64B | $155,816 | $0 | $216 |
| Parts Authority LLC Profit SHARE/401K Plan | Parts Authority LLC | NY | DC | 9,206 | $77.5M | $8,420 | $230 | $40.76 |
| Copart, Inc. 401(k) Retirement Savings Plan | Copart, Inc. | TX | DC | 8,204 | $131M | $16,013 | $350 | $72.14 |
| JM Family Associates' Retirement Plan | JM Family Automotive LLC | FL | DB | 7,558 | $825M | $109,190 | $7,339 | $133 |
| Dealer Tire LLC 401(k) Savings Plan | Dealer Tire, LLC | OH | DC | 7,267 | $419M | $57,718 | $1,932 | $84.52 |
| Fisher Auto Parts 401(k) Plan | Fisher Auto Parts, Inc. | VA | DC | 6,417 | $92.2M | $14,371 | $252 | $18.45 |
| RB Global Retirement Plan | RB Global Holdings, Inc. | IL | DC | 6,311 | $325M | $51,424 | $2,145 | $40.12 |
| Murphy-Hoffman Company Employee Profit Sharing Plan | Murphy-Hoffman Company | KS | DC | 6,163 | $405M | $65,736 | $2,798 | $51.02 |
| American Tire Distributors, Inc. Retirement Plan | American Tire Distributors, Inc. | NC | DC | 5,761 | $274M | $47,637 | $1,869 | $120 |
| JM Family Associates' Profit Sharing and 401(k) Plan | JM Family Automotive LLC | FL | DC | 5,274 | $1.71B | $323,643 | $17,314 | $49.41 |
| Openlane, Inc. 401(k) Plan | Openlane, Inc. | IN | DC | 5,109 | $315M | $61,595 | $3,002 | $49.93 |
| Dorman Products, Inc. 401(k) Retirement Plan & Trust | Dorman Products, Inc. | PA | DC | 5,077 | $239M | $47,137 | $3,252 | $90.08 |
| Mercedes-Benz USA, LLC Employees' Retirement Savings Plan | Mercedes-Benz USA, LLC | GA | DC | 4,952 | $1.11B | $224,670 | $12,733 | $189 |
| Nissan Employee Retirement Plan B | Nissan North America, Inc. | TN | DB | 4,913 | $291M | $59,154 | $0 | $214 |
| Friedkin Savings and Investment Plan | The Friedkin Group, Inc. | TX | DC | 3,782 | $411M | $108,674 | $3,867 | $18.65 |
| Ymus and Affiliates 401(k) Plan | Yamaha Motor Corporation, U.S.A. | CA | DC | 3,681 | $326M | $88,487 | $3,900 | $70.45 |
| 2019 BMW Pension Plan | BMW of North America LLC | NJ | DB | 3,217 | $690M | $214,379 | — | $519 |
| Nemak USA, Inc. Retirement Savings Plan | Nemak USA, Inc. | MI | DC | 2,767 | $189M | $68,313 | $2,442 | $234 |
| Mercedes-Benz USA, LLC Pension Plan | Mercedes-Benz USA, LLC | GA | DB | 2,687 | $399M | $148,609 | $50,069 | $481 |
| Toyo Retirement Plan | Toyo Tire Holdings of Americas Inc. | CA | DC | 2,662 | $121M | $45,408 | $3,258 | $42.54 |
| DCD Automotive Holdings, Inc. 401(k) Plan | DCD Automotive Holdings, Inc. | MA | DC | 2,413 | $75.4M | $31,237 | $895 | $128 |
| The Dunlap & Kyle Co., Inc. Profit Sharing Plan and Trust | Dunlap & Kyle Co., Inc. | MS | DC | 2,124 | $133M | $62,732 | $1,436 | $83.05 |
| Automotive Parts Headquarters, Inc. 401(k) Plan and Trust | Automotive Parts Headquarters, Inc. | MN | DC | 2,093 | $48.1M | $23,001 | $857 | $50.93 |
| WMK LLC 401(k) Profit Sharing Plan & Trust | WMK Inc. | OH | DC | 2,089 | $62.0M | $29,694 | $621 | $74.03 |
| Retirement and Savings Plan of Subaru of America, Inc. | Subaru of America, Inc. | NJ | DC | 2,020 | $526M | $260,274 | $9,967 | $78.25 |
| Brandt Holdings Company 401(k) Plan | Brandt Holdings Company | ND | DC | 2,008 | $113M | $56,244 | $1,094 | $93.63 |
| XL Parts 401(k) Plan | XL Parts LLC | TX | DC | 1,999 | $35.6M | $17,820 | $498 | $49.71 |
| Arrowhead Engineered Products 401(k) Plan | Aep Holdings, Inc. | MN | DC | 1,969 | $53.2M | $27,019 | $1,384 | $84.03 |
| Pension Plan of Subaru of America, Inc. | Subaru of America , Inc. | NJ | DC | 1,746 | $173M | $99,040 | $7,036 | $22.92 |
| Interstate Batteries 401(k) Plan | Interstate Batteries, Inc. | TX | DC | 1,737 | $141M | $81,387 | $4,239 | $179 |
| Highline Warren LLC 401(k) Plan | Highline Warren LLC | TN | DC | 1,714 | $90.7M | $52,940 | $1,655 | $180 |
| JX Enterprises, Inc. Employee Retirement Savings Plan | JX Enterprises, Inc. | WI | DC | 1,654 | $91.8M | $55,511 | $2,421 | $111 |
By plan size
By state
Questions and answers
How many retirement plans are there in motor vehicle, & motor vehicle parts & supplies?
237 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 322 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in motor vehicle, & motor vehicle parts & supplies?
The median defined contribution plan reported $48,721 in net assets per participant (middle half of plans: $28,499 to $80,048); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in motor vehicle, & motor vehicle parts & supplies?
The median defined contribution plan received $1,565 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in motor vehicle, & motor vehicle parts & supplies?
Among defined contribution plans that report any Schedule C compensation, the median was $140 per participant and 0.33% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.