Carolina Dealerships, Inc. 401(k) Plan: Login, Facts & Contact Information

Carolina Dealerships, Inc. 401(k) Plan Facts

Plan name
CAROLINA DEALERSHIPS INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CAROLINA DEALERSHIPS INC.
Participants
3,181 (2,816 active employees)
Former employees with a balance
18
Plan assets
$112,244,086 at Dec 31, 2024
Average account balance
$39,164 across 2,866 accounts
Employer contributions
$10,211,445 in plan year 2024 (71% of all contributions)
Recordkeeper
Transamerica Financial Life Ins Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2004
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $14.3 million went into the plan in contributions, $10.2 million of it from the employer (71%).
  • $12.3 million was paid out to participants.
  • Investment and other income added $12.8 million.
  • Administrative expenses were $770,783, about $269 per account.

How the Carolina Dealerships, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,317$66.5 million$1.42 million$5.59 million
20202,398$79.7 million$1.62 million$6.73 million
20212,478$89.9 million$2.22 million$7.77 million
20222,546$82.6 million$2.35 million$5.58 million
20232,867$98.2 million$2.86 million$8.06 million
20243,181$112.2 million$10.2 million$12.3 million

Carolina Dealerships, Inc. 401(k) Contact Information

Phone
336-724-5921
Mailing address
PO BOX 5657, WINSTON SALEM NC 27113
Plan sponsor
CAROLINA DEALERSHIPS INC.
Employer identification number (EIN)
20-0465434
Plan number
001

Questions about the Carolina Dealerships, Inc. 401(k)

Does Carolina Dealerships, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $10.2 million, 71% of all contributions.

Does the Carolina Dealerships, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Carolina Dealerships, Inc 401(k) plan?

3,181 participants at the start of plan year 2024, 2,816 of them active employees, and 18 former employees who still had money in the plan.

What is the average 401(k) balance at Carolina Dealerships, Inc?

About $39,164 per account: $112.2 million in plan assets across 2,866 accounts with a balance at the end of plan year 2024.

Who manages the Carolina Dealerships, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA FINANCIAL LIFE INS CO) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Carolina Dealerships, Inc. How do I access my 401(k)?

Your account stays with Transamerica 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.

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