Plan Ledger DOL Form 5500 · updated monthly

Hyundai Motor America401(k)

HYUNDAI MOTOR AMERICA PROFIT SHARING RETIREMENT PLAN · FOUNTAIN VALLEY, CA · plan year 2024

Employer contribution per participant · 2024
$8,592

Hyundai Motor America's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $365,112,721 across 1,510 participant accounts, with employer contributions averaging $8,592 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 351st-largest of 9,483 plans among California employers on file, and the 131st of 4,246 in wholesale trade. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 975 to 1,298 since 2022.

Plan summary
Net assets, end of year$365,112,721
Participants with balances1,510
Active participants1,298
Employer contributions$11,152,106
Employee contributions$16,526,607
Employer contribution per active participant$8,592
Average account balance$241,797
Benefits paid to participants$17,747,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$365.1M · 1,510 accts · $11.2M emplr
2023$292.5M · 1,309 accts · $9.1M emplr
2022$232.8M · 1,191 accts · $7.1M emplr
The Hyundai Motor America 401(k) match · 2024
Employer contribution per active participant$8,592
Median for plans this size$4,294
2024$8,592 per active participant
2023$8,105 per active participant
2022$7,313 per active participant

Hyundai Motor America's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 330098815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.