Department of Labor filing

HEYWARD ALLEN MOTOR COMPANY, INC.

HEYWARD ALLEN MOTOR COMPANY, INC. PROFIT SHARING AND SALARY DEFERRAL PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 2, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

64filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$1,851

Reported employer contributions per active participant.

Higher than about 81% of comparable plans

#People in the filing

214

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$247 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 26% of comparable plans

↗Investment performance

Not available

Plan assets changed 18.1%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202464out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions81st percentileTypical peer $921 · based on 863 comparable plans

Lower reported administrative expense26th percentileTypical peer $169 · based on 934 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, HEYWARD ALLEN MOTOR COMPANY, INC. reported $396,210 in employer contributions across the plan and 214 active participants. That works out to $1,851 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy91%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 106.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 1.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context64/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $396,210
Participant contributions: $757,016
Other contributions: $87,701
Employer share of reported contributions: 34.4%
Beginning assets: $10,107,442
Ending assets: $11,935,771
Ending net assets: $11,935,771
Ending liabilities: $0
Total income: $2,558,860
Total expenses: $730,531
Administrative expenses: $54,339
Participant loans: $179,350

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$898

2023

$1,771

2024

$1,851

Plan-paid administrative expenses per participant

2022

$245

2023

$203

2024

$247

Active participants

2022

185

2023

203

2024

214

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,851	214	11.9M	20251002135054NAL0000340387001
2023	$1,771	203	10.1M	20241014162627NAL0027854545001
2022	$898	185	7.8M	20230925152605NAL0004676531001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.5%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 581085509-004

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1998
Industry: Retail trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2F2G2J2K2T3D3H

Current plan terms

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Filing ACK_ID20251002135054NAL0000340387001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗