Plan5500

Lithia Motors, Inc. 401(K) Plan — Form 5500 plan (Lithia Motors, Inc.)

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, Lithia Motors, Inc. 401(K) Plan is a benefit plan reported by Lithia Motors, Inc. under EIN 93-0572810 and plan number 003. The latest loaded filing year is 2023. The filing reports 29,235 participants and $862,169,898 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lithia Motors, Inc.
EIN
93-0572810
Plan number
003
Plan type
2
Location
Medford, OR
Latest filing year
2023
Participants
29,235
End-of-year plan assets
$862,169,898

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202329,235H, C20260122193841NAL0004899729001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$862,169,898
Total liabilities (EOY)
$0
Net assets (EOY)
$862,169,898
Net assets (BOY)
$627,494,850

Income & contributions

Employer contributions
$70,073,531
Participant contributions
$104,689,209
Total contributions
$198,859,328
Total income / additions
$334,923,233

Expenses & distributions

Benefits paid
$99,152,838
Administrative expenses
$937,230
Total expenses
$100,248,185
Net increase / (decrease)
$234,675,048

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$1,520,067$02023
Deschutes Investment Consulting, LlCONSULTANT$58,000not reported in the loaded dataset2023
Kbf Cpas LlpACCOUNTANT$24,996not reported in the loaded dataset2023

Related Form 5500 pages