Billion Motors, Inc. 401(k) Plan: Login, Facts & Contact Information
Billion Motors, Inc. 401(k) Login
155 former Billion Motors, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Billion Motors, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $6.72 million went into the plan in contributions, $1.23 million of it from the employer (18%).
- $6.99 million was paid out to participants.
- Investment and other income added $9.90 million.
- Administrative expenses were $131,752, about $186 per account.
How the Billion Motors, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 1,444 | $44.4 million | $1.13 million | $4.78 million |
| 2020 | 1,388 | $52.2 million | $1.18 million | $3.35 million |
| 2021 | 1,342 | $62.4 million | $1.40 million | $2.73 million |
| 2022 | 1,325 | $53.0 million | $1.32 million | $4.06 million |
| 2023 | 1,375 | $62.7 million | $1.32 million | $4.98 million |
| 2024 | 1,377 | $71.9 million | $1.23 million | $6.99 million |
Billion Motors, Inc. 401(k) Contact Information
Questions about the Billion Motors, Inc. 401(k)
Does Billion Motors, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.23 million, 18% of all contributions.
Does the Billion Motors, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Billion Motors, Inc 401(k) plan?
1,377 participants at the start of plan year 2024, 1,215 of them active employees, and 155 former employees who still had money in the plan.
What is the average 401(k) balance at Billion Motors, Inc?
About $101,449 per account: $71.9 million in plan assets across 709 accounts with a balance at the end of plan year 2024.
Who manages the Billion Motors, Inc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Billion Motors, Inc. How do I access my 401(k)?
Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.