Karl Chevrolet, Inc. 401(k) Plan: Login, Facts & Contact Information

Karl Chevrolet, Inc. 401(k) Plan Facts

Plan name
KARL CHEVROLET, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
KARL CHEVROLET, INC.
Participants
879 (704 active employees)
Former employees with a balance
178
Plan assets
$31,228,501 at Dec 31, 2024
Average account balance
$39,183 across 797 accounts
Employer contributions
$310,697 in plan year 2024 (8% of all contributions)
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1994
✓ 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 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.83 million went into the plan in contributions, $310,697 of it from the employer (8%).
  • $1.78 million was paid out to participants.
  • Investment and other income added $3.81 million.
  • Administrative expenses were $126,610, about $159 per account.

How the Karl Chevrolet, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019468$16.9 million$132,835$1.60 million
2020563$20.1 million$142,581$1.25 million
2021595$22.7 million$186,159$2.32 million
2022673$20.2 million$208,134$959,427
2023806$25.6 million$320,647$1.53 million
2024879$31.2 million$310,697$1.78 million

Karl Chevrolet, Inc. 401(k) Contact Information

Phone
515-299-4331
Mailing address
1101 SE ORALABOR RD., ANKENY IA 50021
Plan sponsor
KARL CHEVROLET, INC.
Employer identification number (EIN)
42-1092272
Plan number
001

Questions about the Karl Chevrolet, Inc. 401(k)

Does Karl Chevrolet, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $310,697, 8% of all contributions.

Does the Karl Chevrolet, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Karl Chevrolet, Inc 401(k) plan?

879 participants at the start of plan year 2024, 704 of them active employees, and 178 former employees who still had money in the plan.

What is the average 401(k) balance at Karl Chevrolet, Inc?

About $39,183 per account: $31.2 million in plan assets across 797 accounts with a balance at the end of plan year 2024.

Who manages the Karl Chevrolet, Inc 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with ADP Retirement Services 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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