Bmw Of Manhattan, Inc. 401(k) Plan: Login, Facts & Contact Information

Bmw Of Manhattan, Inc. 401(k) Plan Facts

Plan name
BMW OF MANHATTAN, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BMW OF MANHATTAN, INC.
Participants
132 (99 active employees)
Former employees with a balance
31
Plan assets
$15,653,196 at Dec 31, 2024
Average account balance
$122,291 across 128 accounts
Employer contributions
$206,699 in plan year 2024 (19% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1991
✓ Employer contributions✓ Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.09 million went into the plan in contributions, $206,699 of it from the employer (19%).
  • $429,779 was paid out to participants.
  • Investment and other income added $1.72 million.
  • Administrative expenses were $60,066, about $469 per account.

How the Bmw Of Manhattan, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019147$11.9 million$176,359$1.21 million
2020164$13.6 million$167,948$804,026
2021164$14.9 million$178,396$1.69 million
2022159$12.6 million$154,569$808,552
2023152$13.4 million$142,278$1.90 million
2024132$15.7 million$206,699$429,779

Bmw Of Manhattan, Inc. 401(k) Contact Information

Phone
212-586-2269
Mailing address
THE BMW BUILDING 555 WEST 57TH STREET, NEW YORK NY 10019
Plan sponsor
BMW OF MANHATTAN, INC.
Employer identification number (EIN)
22-3116303
Plan number
001

Questions about the Bmw Of Manhattan, Inc. 401(k)

Does Bmw Of Manhattan, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $206,699, 19% of all contributions.

Does the Bmw Of Manhattan, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Bmw Of Manhattan, Inc 401(k) plan?

132 participants at the start of plan year 2024, 99 of them active employees, and 31 former employees who still had money in the plan.

What is the average 401(k) balance at Bmw Of Manhattan, Inc?

About $122,291 per account: $15.7 million in plan assets across 128 accounts with a balance at the end of plan year 2024.

Who manages the Bmw Of Manhattan, 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 Bmw Of Manhattan, 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.

Related Companies
Headquarter: 11625 MAPLE RIDGE RD, MEDINA, NY, 141039710
Headquarter: 300 CHESTNUT RIDGE ROAD, WOODCLIFF LAKE, NJ, 07677
Headquarter: P.O. BOX 1438, LOUISVILLE, KY, 402011438
Headquarter: 1917 S. 67TH ST., OMAHA, NE, 681062973
Headquarter: P.O. BOX 421959, HOUSTON, TX, 772421959