Plan5500

Sonic Automotive Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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, Sonic Automotive Inc. (EIN 56-2010790) is a plan sponsor located in Charlotte, NC with 1 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
56-2010790
Location
Charlotte, NC
Loaded plans
3
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Sonic Automotive Inc.

  • 3 loaded plans hold $523.1M in reported assets.
  • The largest, Sonic Automotive, Inc. 401(K) Plan & Trust, holds 94% of this company's reported plan assets.
  • Plans cover 21,343 reported participants.
  • 2 of 3 plans report full financial statements.
  • 2 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$523.1MSummed across loaded plans$523,074,432
Total reported assets$523.1M$523,074,432
Total reported participants21.3K21,343
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$523.1M total assets
Net assets$523.1MLiabilities$0
Contributions & income
Employer contributions$8.2M
Participant contributions$34.4M
Total income / additions$119.5M
Expenses & distributions
Benefits paid / distributions$46.3M
Total expenses$47.1M
Net increase / (decrease)$72.5M

Data coverage

Plans with financial statements2 / 3 (67%)
Plans with provider compensation2 / 3 (67%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets94%Sonic Automotive, Inc. 401(K) Plan & Trust
Participants per plan7,114Average across loaded plans
Loaded plans3
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Sonic Automotive, Inc. 401(K) Plan & Trust$491M
    Plan #001 · 10,854 participants · 2023
  2. 2
    Sonic Automotive, Inc. Northern California Ula 401(K) Plan$32.1M
    Plan #002 · 582 participants · 2023
  3. 3
    Sonic Automotive Welfare Benefits Plannot reported in the loaded dataset
    Plan #501 · 9,907 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Sonic Automotive Inc.. Open one for its full reported snapshot.

  1. 2023
    Sonic Automotive Welfare Benefits Plan9,907 participants · 2No schedules
    View filing →
  2. 2023
    Sonic Automotive, Inc. 401(K) Plan & Trust10,854 participants · 2Sch HSch C
    View filing →
  3. 2023
    Sonic Automotive, Inc. Northern California Ula 401(K) Plan582 participants · 2Sch HSch C
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Sonic Automotive Inc. report on Form 5500?
Sonic Automotive Inc. (EIN 56-2010790) reports 1 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Sonic Automotive Inc.?
The Employer Identification Number (EIN) reported for Sonic Automotive Inc. is 56-2010790.
What is the latest Form 5500 filing year for Sonic Automotive Inc.?
The latest loaded Form 5500 filing year for Sonic Automotive Inc. is 2023.

Related Form 5500 pages