Myers Auto Group, Llc 401(k) Plan: Login, Facts & Contact Information

Myers Auto Group, Llc 401(k) Plan Facts

Plan name
MAG 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
MYERS AUTO GROUP, LLC
Participants
588 (526 active employees)
Former employees with a balance
41
Plan assets
$17,856,349 at Dec 31, 2024
Average account balance
$59,921 across 298 accounts
Employer contributions
$833,541 in plan year 2024 (22% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 2018
✓ 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 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.81 million went into the plan in contributions, $833,541 of it from the employer (22%).
  • $2.02 million was paid out to participants.
  • Investment and other income added $2.11 million.
  • Administrative expenses were $93,592, about $314 per account.

How the Myers Auto Group, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019142$2.53 million—$15,501
2020206$3.80 million—$107,053
2021284$7.75 million—$1.14 million
2022414$9.71 million$727,616$327,910
2023526$14.1 million$845,599$1.38 million
2024588$17.9 million$833,541$2.02 million

Myers Auto Group, Llc 401(k) Contact Information

Phone
561-805-5561
Mailing address
915 SOUTH DIXIE HIGHWAY, WEST PALM BEACH FL 33401
Plan sponsor
MYERS AUTO GROUP, LLC
Employer identification number (EIN)
46-1423365
Plan number
001

Questions about the Myers Auto Group, Llc 401(k)

Does Myers Auto Group, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $833,541, 22% of all contributions.

Does the Myers Auto Group, Llc 401(k) have automatic enrollment?

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

How many people are in the Myers Auto Group, Llc 401(k) plan?

588 participants at the start of plan year 2024, 526 of them active employees, and 41 former employees who still had money in the plan.

What is the average 401(k) balance at Myers Auto Group, Llc?

About $59,921 per account: $17.9 million in plan assets across 298 accounts with a balance at the end of plan year 2024.

Who manages the Myers Auto Group, Llc 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 Myers Auto Group, Llc. 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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