Southgate Automotive Inc.
Plan context: Southgate Automotive 401K Plan & Trust
EIN 38-2452677 • Southgate, MI • 44 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
154
2024 Assets
$15,861,827
2024 Contributions
$615,509
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 154 | $15,861,827 | $615,509 | $3,997iApproximate average salary by contribution assumption: employee only about $99,920 at 4% or $66,614 at 6%; with 50% employer match about $66,614 at 4% or $44,409 at 6%; with 100% employer match about $49,960 at 4% or $33,307 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 154 | $15,861,827 | $615,509 | $3,997iApproximate average salary by contribution assumption: employee only about $99,920 at 4% or $66,614 at 6%; with 50% employer match about $66,614 at 4% or $44,409 at 6%; with 100% employer match about $49,960 at 4% or $33,307 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 124 | - | - | - |
| 2023 | 2 | 125 | $13,509,641 | $878,114 | $7,025iApproximate average salary by contribution assumption: employee only about $175,623 at 4% or $117,082 at 6%; with 50% employer match about $117,082 at 4% or $78,055 at 6%; with 100% employer match about $87,811 at 4% or $58,541 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 104 | $13,509,641 | $878,114 | $8,443iApproximate average salary by contribution assumption: employee only about $211,085 at 4% or $140,723 at 6%; with 50% employer match about $140,723 at 4% or $93,816 at 6%; with 100% employer match about $105,543 at 4% or $70,362 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 125 | - | - | - |
| 2022 | 2 | 120 | $11,710,222 | $638,337 | $5,319iApproximate average salary by contribution assumption: employee only about $132,987 at 4% or $88,658 at 6%; with 50% employer match about $88,658 at 4% or $59,105 at 6%; with 100% employer match about $66,493 at 4% or $44,329 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 107 | $11,710,222 | $638,337 | $5,966iApproximate average salary by contribution assumption: employee only about $149,144 at 4% or $99,429 at 6%; with 50% employer match about $99,429 at 4% or $66,286 at 6%; with 100% employer match about $74,572 at 4% or $49,715 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 120 | - | - | - |
| 2021 | 2 | 119 | $18,544,319 | $611,141 | $5,136iApproximate average salary by contribution assumption: employee only about $128,391 at 4% or $85,594 at 6%; with 50% employer match about $85,594 at 4% or $57,063 at 6%; with 100% employer match about $64,195 at 4% or $42,797 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 109 | $18,544,319 | $611,141 | $5,607iApproximate average salary by contribution assumption: employee only about $140,170 at 4% or $93,447 at 6%; with 50% employer match about $93,447 at 4% or $62,298 at 6%; with 100% employer match about $70,085 at 4% or $46,723 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 119 | - | - | - |
| 2020 | 2 | 124 | $18,251,879 | $668,753 | $5,393iApproximate average salary by contribution assumption: employee only about $134,829 at 4% or $89,886 at 6%; with 50% employer match about $89,886 at 4% or $59,924 at 6%; with 100% employer match about $67,415 at 4% or $44,943 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 119 | $18,251,879 | $668,753 | $5,620iApproximate average salary by contribution assumption: employee only about $140,494 at 4% or $93,663 at 6%; with 50% employer match about $93,663 at 4% or $62,442 at 6%; with 100% employer match about $70,247 at 4% or $46,831 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 124 | - | - | - |
| 2019 | 2 | 141 | $15,059,121 | $780,067 | $5,532iApproximate average salary by contribution assumption: employee only about $138,310 at 4% or $92,207 at 6%; with 50% employer match about $92,207 at 4% or $61,471 at 6%; with 100% employer match about $69,155 at 4% or $46,103 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 116 | $15,059,121 | $780,067 | $6,725iApproximate average salary by contribution assumption: employee only about $168,118 at 4% or $112,079 at 6%; with 50% employer match about $112,079 at 4% or $74,719 at 6%; with 100% employer match about $84,059 at 4% or $56,039 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 141 | - | - | - |
| 2018 | 2 | 144 | $12,754,532 | $626,097 | $4,348iApproximate average salary by contribution assumption: employee only about $108,697 at 4% or $72,465 at 6%; with 50% employer match about $72,465 at 4% or $48,310 at 6%; with 100% employer match about $54,349 at 4% or $36,232 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 124 | $12,754,532 | $626,097 | $5,049iApproximate average salary by contribution assumption: employee only about $126,229 at 4% or $84,153 at 6%; with 50% employer match about $84,153 at 4% or $56,102 at 6%; with 100% employer match about $63,115 at 4% or $42,076 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 144 | - | - | - |
| 2017 | 2 | 157 | $14,183,129 | $624,230 | $3,976iApproximate average salary by contribution assumption: employee only about $99,400 at 4% or $66,266 at 6%; with 50% employer match about $66,266 at 4% or $44,178 at 6%; with 100% employer match about $49,700 at 4% or $33,133 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 127 | $14,183,129 | $624,230 | $4,915iApproximate average salary by contribution assumption: employee only about $122,880 at 4% or $81,920 at 6%; with 50% employer match about $81,920 at 4% or $54,613 at 6%; with 100% employer match about $61,440 at 4% or $40,960 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 157 | - | - | - |
| 2016 | 2 | 132 | $12,707,801 | $657,710 | $4,983iApproximate average salary by contribution assumption: employee only about $124,566 at 4% or $83,044 at 6%; with 50% employer match about $83,044 at 4% or $55,363 at 6%; with 100% employer match about $62,283 at 4% or $41,522 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 132 | $12,707,801 | $657,710 | $4,983iApproximate average salary by contribution assumption: employee only about $124,566 at 4% or $83,044 at 6%; with 50% employer match about $83,044 at 4% or $55,363 at 6%; with 100% employer match about $62,283 at 4% or $41,522 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 117 | - | - | - |
| 2015 | 2 | 132 | $12,427,034 | $613,711 | $4,649iApproximate average salary by contribution assumption: employee only about $116,233 at 4% or $77,489 at 6%; with 50% employer match about $77,489 at 4% or $51,659 at 6%; with 100% employer match about $58,117 at 4% or $38,744 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 132 | $12,427,034 | $613,711 | $4,649iApproximate average salary by contribution assumption: employee only about $116,233 at 4% or $77,489 at 6%; with 50% employer match about $77,489 at 4% or $51,659 at 6%; with 100% employer match about $58,117 at 4% or $38,744 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 112 | - | - | - |
| 2014 | 2 | 124 | $12,549,636 | $610,980 | $4,927iApproximate average salary by contribution assumption: employee only about $123,181 at 4% or $82,121 at 6%; with 50% employer match about $82,121 at 4% or $54,747 at 6%; with 100% employer match about $61,591 at 4% or $41,060 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 124 | $12,549,636 | $610,980 | $4,927iApproximate average salary by contribution assumption: employee only about $123,181 at 4% or $82,121 at 6%; with 50% employer match about $82,121 at 4% or $54,747 at 6%; with 100% employer match about $61,591 at 4% or $41,060 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 113 | - | - | - |
| 2013 | 2 | 128 | $11,563,280 | $565,191 | $4,416iApproximate average salary by contribution assumption: employee only about $110,389 at 4% or $73,593 at 6%; with 50% employer match about $73,593 at 4% or $49,062 at 6%; with 100% employer match about $55,194 at 4% or $36,796 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 128 | $11,563,280 | $565,191 | $4,416iApproximate average salary by contribution assumption: employee only about $110,389 at 4% or $73,593 at 6%; with 50% employer match about $73,593 at 4% or $49,062 at 6%; with 100% employer match about $55,194 at 4% or $36,796 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 100 | - | - | - |
| 2012 | 2 | 136 | $9,448,228 | $547,490 | $4,026iApproximate average salary by contribution assumption: employee only about $100,642 at 4% or $67,094 at 6%; with 50% employer match about $67,094 at 4% or $44,730 at 6%; with 100% employer match about $50,321 at 4% or $33,547 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 136 | $9,448,228 | $547,490 | $4,026iApproximate average salary by contribution assumption: employee only about $100,642 at 4% or $67,094 at 6%; with 50% employer match about $67,094 at 4% or $44,730 at 6%; with 100% employer match about $50,321 at 4% or $33,547 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 98 | - | - | - |
| 2011 | 2 | 149 | $8,055,967 | $541,082 | $3,631iApproximate average salary by contribution assumption: employee only about $90,786 at 4% or $60,524 at 6%; with 50% employer match about $60,524 at 4% or $40,349 at 6%; with 100% employer match about $45,393 at 4% or $30,262 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 149 | $8,055,967 | $541,082 | $3,631iApproximate average salary by contribution assumption: employee only about $90,786 at 4% or $60,524 at 6%; with 50% employer match about $60,524 at 4% or $40,349 at 6%; with 100% employer match about $45,393 at 4% or $30,262 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 100 | - | - | - |
| 2010 | 2 | 154 | $8,093,930 | $521,250 | $3,385iApproximate average salary by contribution assumption: employee only about $84,619 at 4% or $56,412 at 6%; with 50% employer match about $56,412 at 4% or $37,608 at 6%; with 100% employer match about $42,309 at 4% or $28,206 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 154 | $8,093,930 | $521,250 | $3,385iApproximate average salary by contribution assumption: employee only about $84,619 at 4% or $56,412 at 6%; with 50% employer match about $56,412 at 4% or $37,608 at 6%; with 100% employer match about $42,309 at 4% or $28,206 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 99 | - | - | - |
| 2009 | 2 | 152 | $7,352,753 | $521,892 | $3,434iApproximate average salary by contribution assumption: employee only about $85,838 at 4% or $57,225 at 6%; with 50% employer match about $57,225 at 4% or $38,150 at 6%; with 100% employer match about $42,919 at 4% or $28,613 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 152 | $7,352,753 | $521,892 | $3,434iApproximate average salary by contribution assumption: employee only about $85,838 at 4% or $57,225 at 6%; with 50% employer match about $57,225 at 4% or $38,150 at 6%; with 100% employer match about $42,919 at 4% or $28,613 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 107 | - | - | - |
| 2008 | 1 | 155 | $5,702,042 | $547,337 | $3,531iApproximate average salary by contribution assumption: employee only about $88,280 at 4% or $58,853 at 6%; with 50% employer match about $58,853 at 4% or $39,236 at 6%; with 100% employer match about $44,140 at 4% or $29,427 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 155 | $5,702,042 | $547,337 | $3,531iApproximate average salary by contribution assumption: employee only about $88,280 at 4% or $58,853 at 6%; with 50% employer match about $58,853 at 4% or $39,236 at 6%; with 100% employer match about $44,140 at 4% or $29,427 at 6%. |
| 2007 | 1 | 159 | $8,240,846 | $588,397 | $3,701iApproximate average salary by contribution assumption: employee only about $92,515 at 4% or $61,677 at 6%; with 50% employer match about $61,677 at 4% or $41,118 at 6%; with 100% employer match about $46,258 at 4% or $30,838 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 159 | $8,240,846 | $588,397 | $3,701iApproximate average salary by contribution assumption: employee only about $92,515 at 4% or $61,677 at 6%; with 50% employer match about $61,677 at 4% or $41,118 at 6%; with 100% employer match about $46,258 at 4% or $30,838 at 6%. |
| 2006 | 1 | 181 | $8,201,297 | $648,788 | $3,584iApproximate average salary by contribution assumption: employee only about $89,612 at 4% or $59,741 at 6%; with 50% employer match about $59,741 at 4% or $39,827 at 6%; with 100% employer match about $44,806 at 4% or $29,871 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 181 | $8,201,297 | $648,788 | $3,584iApproximate average salary by contribution assumption: employee only about $89,612 at 4% or $59,741 at 6%; with 50% employer match about $59,741 at 4% or $39,827 at 6%; with 100% employer match about $44,806 at 4% or $29,871 at 6%. |
| 2005 | 1 | 201 | $7,427,946 | $658,281 | $3,275iApproximate average salary by contribution assumption: employee only about $81,876 at 4% or $54,584 at 6%; with 50% employer match about $54,584 at 4% or $36,389 at 6%; with 100% employer match about $40,938 at 4% or $27,292 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 201 | $7,427,946 | $658,281 | $3,275iApproximate average salary by contribution assumption: employee only about $81,876 at 4% or $54,584 at 6%; with 50% employer match about $54,584 at 4% or $36,389 at 6%; with 100% employer match about $40,938 at 4% or $27,292 at 6%. |
| 2004 | 2 | 211 | $6,390,504 | $685,788 | $3,250iApproximate average salary by contribution assumption: employee only about $81,255 at 4% or $54,170 at 6%; with 50% employer match about $54,170 at 4% or $36,113 at 6%; with 100% employer match about $40,627 at 4% or $27,085 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 211 | $6,390,504 | $685,788 | $3,250iApproximate average salary by contribution assumption: employee only about $81,255 at 4% or $54,170 at 6%; with 50% employer match about $54,170 at 4% or $36,113 at 6%; with 100% employer match about $40,627 at 4% or $27,085 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 91 | - | - | - |
| 2003 | 2 | 216 | $5,364,797 | $697,988 | $3,231iApproximate average salary by contribution assumption: employee only about $80,786 at 4% or $53,857 at 6%; with 50% employer match about $53,857 at 4% or $35,905 at 6%; with 100% employer match about $40,393 at 4% or $26,929 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 216 | $5,364,797 | $697,988 | $3,231iApproximate average salary by contribution assumption: employee only about $80,786 at 4% or $53,857 at 6%; with 50% employer match about $53,857 at 4% or $35,905 at 6%; with 100% employer match about $40,393 at 4% or $26,929 at 6%. |
| Southgate Ford Employee Benefit Welfare Plan | - | 95 | - | - | - |
| 2002 | 1 | 191 | $3,992,652 | $553,189 | $2,896iApproximate average salary by contribution assumption: employee only about $72,407 at 4% or $48,271 at 6%; with 50% employer match about $48,271 at 4% or $32,181 at 6%; with 100% employer match about $36,203 at 4% or $24,136 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 191 | $3,992,652 | $553,189 | $2,896iApproximate average salary by contribution assumption: employee only about $72,407 at 4% or $48,271 at 6%; with 50% employer match about $48,271 at 4% or $32,181 at 6%; with 100% employer match about $36,203 at 4% or $24,136 at 6%. |
| 2001 | 1 | 105 | $0 | $0 | - |
| Southgate Automotive 401K Plan & Trust | - | 105 | - | - | - |
| 2000 | 1 | 89 | $3,509,821 | $448,969 | $5,045iApproximate average salary by contribution assumption: employee only about $126,115 at 4% or $84,077 at 6%; with 50% employer match about $84,077 at 4% or $56,051 at 6%; with 100% employer match about $63,057 at 4% or $42,038 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 89 | $3,509,821 | $448,969 | $5,045iApproximate average salary by contribution assumption: employee only about $126,115 at 4% or $84,077 at 6%; with 50% employer match about $84,077 at 4% or $56,051 at 6%; with 100% employer match about $63,057 at 4% or $42,038 at 6%. |
| 1999 | 1 | 99 | $3,442,161 | $465,188 | $4,699iApproximate average salary by contribution assumption: employee only about $117,472 at 4% or $78,314 at 6%; with 50% employer match about $78,314 at 4% or $52,210 at 6%; with 100% employer match about $58,736 at 4% or $39,157 at 6%. |
| Southgate Automotive 401K Plan & Trust | - | 99 | $3,442,161 | $465,188 | $4,699iApproximate average salary by contribution assumption: employee only about $117,472 at 4% or $78,314 at 6%; with 50% employer match about $78,314 at 4% or $52,210 at 6%; with 100% employer match about $58,736 at 4% or $39,157 at 6%. |