Echopark Automotive, Inc. 401(k) Plan: Login, Facts & Contact Information

Echopark Automotive, Inc. 401(k) Plan Facts

Plan name
ECHOPARK AUTOMOTIVE, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ECHOPARK AUTOMOTIVE, INC.
Participants
1,917 (1,509 active employees)
Former employees with a balance
275
Plan assets
$41,378,107 at Dec 31, 2024
Average account balance
$23,685 across 1,747 accounts
Employer contributions
$3,176,920 in plan year 2024 (37% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 2014
✓ 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

  • $8.49 million went into the plan in contributions, $3.18 million of it from the employer (37%).
  • $10.3 million was paid out to participants.
  • Investment and other income added $4.80 million.
  • Administrative expenses were $136,485, about $78 per account.

How the Echopark Automotive, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019737$9.45 million$1.32 million$533,089
2020938$12.6 million$1.45 million$1.99 million
20211,370$19.1 million$2.22 million$3.12 million
20222,101$22.2 million$3.60 million$3.61 million
20232,024$38.6 million$4.23 million$6.31 million
20241,917$41.4 million$3.18 million$10.3 million

Echopark Automotive, Inc. 401(k) Contact Information

Phone
704-566-2400
Mailing address
4401 COLWICK RD., CHARLOTTE NC 28211
Plan sponsor
ECHOPARK AUTOMOTIVE, INC.
Employer identification number (EIN)
46-4230940
Plan number
003

Questions about the Echopark Automotive, Inc. 401(k)

Does Echopark Automotive, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.18 million, 37% of all contributions.

Does the Echopark Automotive, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Echopark Automotive, Inc 401(k) plan?

1,917 participants at the start of plan year 2024, 1,509 of them active employees, and 275 former employees who still had money in the plan.

What is the average 401(k) balance at Echopark Automotive, Inc?

About $23,685 per account: $41.4 million in plan assets across 1,747 accounts with a balance at the end of plan year 2024.

Who manages the Echopark Automotive, 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 Echopark Automotive, 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.

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