Lithia Motors, Inc. 401(k) Plan: Login, Facts & Contact Information

Lithia Motors, Inc. 401(k) Plan Facts

Plan name
LITHIA MOTORS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LITHIA MOTORS, INC.
Participants
30,318 (23,444 active employees)
Former employees with a balance
6,391
Plan assets
$1,025,498,595 at Dec 31, 2024
Average account balance
$38,437 across 26,680 accounts
Employer contributions
$38,229,156 in plan year 2024 (22% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1980
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

  • $171.9 million went into the plan in contributions, $38.2 million of it from the employer (22%).
  • $136.8 million was paid out to participants.
  • Investment and other income added $130.4 million.
  • Administrative expenses were $1.72 million, about $64 per account.

How the Lithia Motors, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201917,450$442.3 million$5.61 million$43.3 million
202018,468$563.4 million$9.82 million$52.1 million
202118,823$711.6 million$8.99 million$64.1 million
202226,227$628.2 million$18.6 million$94.3 million
202329,235$862.2 million$70.1 million$99.2 million
202430,318$1.03 billion$38.2 million$136.8 million

Lithia Motors, Inc. 401(k) Contact Information

Phone
800-995-4125
Mailing address
150 N BARTLETT ST, MEDFORD OR 97501
Plan sponsor
LITHIA MOTORS, INC.
Employer identification number (EIN)
93-0572810
Plan number
003

Questions about the Lithia Motors, Inc. 401(k)

Does Lithia Motors, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $38.2 million, 22% of all contributions.

Does the Lithia Motors, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Lithia Motors, Inc 401(k) plan?

30,318 participants at the start of plan year 2024, 23,444 of them active employees, and 6,391 former employees who still had money in the plan.

What is the average 401(k) balance at Lithia Motors, Inc?

About $38,437 per account: $1.03 billion in plan assets across 26,680 accounts with a balance at the end of plan year 2024.

Who manages the Lithia Motors, Inc 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Merrill Benefits OnLine 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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