Draexlmaier Automotive Of America, Llc 401(k) Plan: Login, Facts & Contact Information

Draexlmaier Automotive Of America, Llc 401(k) Plan Facts

Plan name
DRAEXLMAIER AUTOMOTIVE 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
DRAEXLMAIER AUTOMOTIVE OF AMERICA, LLC
Participants
1,593 (1,311 active employees)
Former employees with a balance
296
Plan assets
$77,104,748 at Dec 31, 2024
Average account balance
$64,903 across 1,188 accounts
Employer contributions
$2,791,790 in plan year 2024 (29% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 16, 1996
✓ 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 Sep 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.74 million went into the plan in contributions, $2.79 million of it from the employer (29%).
  • $8.19 million was paid out to participants.
  • Investment and other income added $9.00 million.
  • Administrative expenses were $114,160, about $96 per account.

How the Draexlmaier Automotive Of America, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,500$48.8 million$3.48 million$5.77 million
20201,691$55.4 million$2.47 million$9.27 million
20211,589$65.0 million$2.44 million$6.46 million
20221,529$54.9 million$2.62 million$7.29 million
20231,617$66.7 million$2.64 million$6.71 million
20241,593$77.1 million$2.79 million$8.19 million

Draexlmaier Automotive Of America, Llc 401(k) Contact Information

Phone
864-486-1240
Mailing address
1751 EAST MAIN STREET, DUNCAN SC 29334
Plan sponsor
DRAEXLMAIER AUTOMOTIVE OF AMERICA, LLC
Employer identification number (EIN)
57-1032181
Plan number
001

Questions about the Draexlmaier Automotive Of America, Llc 401(k)

Does Draexlmaier Automotive Of America, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.79 million, 29% of all contributions.

Does the Draexlmaier Automotive Of America, Llc 401(k) have automatic enrollment?

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

How many people are in the Draexlmaier Automotive Of America, Llc 401(k) plan?

1,593 participants at the start of plan year 2024, 1,311 of them active employees, and 296 former employees who still had money in the plan.

What is the average 401(k) balance at Draexlmaier Automotive Of America, Llc?

About $64,903 per account: $77.1 million in plan assets across 1,188 accounts with a balance at the end of plan year 2024.

Who manages the Draexlmaier Automotive Of America, Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Draexlmaier Automotive Of America, Llc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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