Greensboro Auto Auction, Inc. 401(k) Plan: Login, Facts & Contact Information

Greensboro Auto Auction, Inc. 401(k) Plan Facts

Plan name
GREENSBORO AUTO AUCTION, INC. EMPLOYEES' 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GREENSBORO AUTO AUCTION, INC.
Participants
574 (495 active employees)
Former employees with a balance
81
Plan assets
$23,015,382 at Dec 31, 2024
Average account balance
$65,015 across 354 accounts
Employer contributions
$316,962 in plan year 2024 (22% of all contributions)
Recordkeeper
Newport Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1988
✓ 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.45 million went into the plan in contributions, $316,962 of it from the employer (22%).
  • $2.98 million was paid out to participants.
  • Investment and other income added $3.09 million.
  • Administrative expenses were $44,682, about $126 per account.

How the Greensboro Auto Auction, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019821$17.4 million$321,624$1.39 million
2020927$20.6 million$293,920$830,191
2021668$22.1 million$305,880$2.48 million
2022690$19.0 million$266,622$1.08 million
2023567$21.5 million$288,667$1.63 million
2024574$23.0 million$316,962$2.98 million

Greensboro Auto Auction, Inc. 401(k) Contact Information

Phone
336-299-7777
Mailing address
3907 WEST WENDOVER AVE., GREENSBORO NC 27407
Plan sponsor
GREENSBORO AUTO AUCTION, INC.
Employer identification number (EIN)
56-1473725
Plan number
001

Questions about the Greensboro Auto Auction, Inc. 401(k)

Does Greensboro Auto Auction, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $316,962, 22% of all contributions.

Does the Greensboro Auto Auction, Inc 401(k) have automatic enrollment?

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

How many people are in the Greensboro Auto Auction, Inc 401(k) plan?

574 participants at the start of plan year 2024, 495 of them active employees, and 81 former employees who still had money in the plan.

What is the average 401(k) balance at Greensboro Auto Auction, Inc?

About $65,015 per account: $23.0 million in plan assets across 354 accounts with a balance at the end of plan year 2024.

Who manages the Greensboro Auto Auction, Inc 401(k) accounts?

Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Greensboro Auto Auction, Inc. How do I access my 401(k)?

Your account stays with Newport (an Ascensus company) 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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